FORT PAYNE, Ala. (WHNT) – Siemens Energy announced on Tuesday that it is investing $1 billion in its operations in the United States, including in Alabama.
The company said it will expand production of copper and insulation electrical components for generators at its Fort Payne plant.
The move will generate 120 new jobs in Fort Payne, company officials said.
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Overall, the company is creating more than 1,500 new jobs across Mississippi, North Carolina, Florida, Alabama, New York, and Texas.
The new jobs come amid what the company called an unparalleled surge in electricity demand.
“The current policy environment has contributed to this momentum. The Trump Administration has made energy security, a reliable and resilient grid, and growing U.S. manufacturing jobs a priority, “said Christian Bruch, CEO and President of Siemens Energy. “This has supercharged the energy demand which is supporting new investments across the energy sector.”
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