Schneider Electric, a renowned French automation and energy firm, has announced a landmark investment of $700 million over the next two years, aimed at significantly expanding its U.S. operations. This substantial commitment, which marks the largest U.S. spending initiative for the company in its 135-year history, underscores Schneider Electric’s dedication to bolstering its manufacturing capacity, digitalization efforts, and energy infrastructure within the United States. This investment comes after the firm had previously allocated $440 million since 2020 to enhance its U.S. supply chain. The new expansion is expected to create approximately 1,000 jobs across eight different sites, a remarkable achievement as the company sets its sights on advancing its technological and energy ventures.
Enhancing Manufacturing and Energy Infrastructure
Key aspects of Schneider Electric’s expansion plan include building a plant in Columbia, Missouri for circuit breaker production, and upgrading facilities in North Carolina and Texas for switchgear and power distribution products. These developments aim to meet the increasing demands for reliable energy solutions. The expansion also features new facilities, such as a cutting-edge microgrid testing lab in Andover, Massachusetts, a medium voltage market site in Mt. Juliet, Tennessee, and a Robotics & Motion Center of Excellence in Raleigh, North Carolina. These initiatives contribute to the company’s goal of driving innovation and boosting energy efficiency nationwide.
Aamir Paul, President of Schneider Electric’s North American operations, stressed the importance of staying adaptable and forward-thinking, especially with rapid advancements in AI and rising energy demands. Debra Phillips, President of the National Electrical Manufacturers Association, highlighted the crucial role of electrical manufacturers in meeting energy needs.
Schneider Electric’s $700 million investment underscores its commitment to growth, digitalization, sustainability, and technological advancement. The move aims to secure a leadership role in the energy sector, address modern energy challenges, and ensure the company remains a key player in both the energy and automation industries.
