Robert Besser
30 Mar 2025, 17:41 GMT+10
ANDOVER, Massachusetts: As artificial intelligence drives up energy demand across the United States, Schneider Electric is making a major move to keep pace—announcing plans to pour more than US$700 million into its U.S. operations over the next two years.
The French energy management and automation giant stated that the investment, which spans through 2027, aims to reinforce America's energy infrastructure to meet the growing power needs of AI and other emerging technologies. The funds will also support domestic manufacturing and enhance energy resilience nationwide.
"We stand at an inflection point for the technology and industrial sectors in the U.S., driven by incredible AI growth and unprecedented energy demand," said Aamir Paul, President of North America Operations for Schneider Electric, in a statement.
The announcement comes as companies worldwide reassess their supply chains in response to renewed U.S. tariff threats. Since taking office, President Donald Trump has reintroduced tariffs on a wide range of imports, including steel, aluminum, pharmaceutical ingredients, and semiconductor components, in an effort to revitalize domestic manufacturing and reduce reliance on foreign suppliers.
Like other multinationals, including Eli Lilly and Apple, Schneider appears to be shifting key production closer to its U.S. customer base. As part of the investment, the company plans to upgrade, expand, and establish new facilities across Tennessee, Massachusetts, Texas, Missouri, Ohio, and both North and South Carolina.
The move is also expected to generate over 1,000 new jobs, further cementing the company's U.S. footprint.
Combined with the $440 million Schneider has already committed since 2020 to strengthen its American supply chain, the company's total U.S. investment this decade will top $1 billion.
The expansion underscores the critical role of electrical infrastructure in supporting the AI revolution, as data centers, chips, and cloud platforms place unprecedented strain on energy systems.
Get a daily dose of Perth Herald news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Perth Herald.
More InformationANDOVER, Massachusetts: As artificial intelligence drives up energy demand across the United States, Schneider Electric is making a...
WASHINGTON, D.C.: In response to soaring egg prices and supply shortages driven by a devastating bird flu outbreak, the United States...
DUBLIN, Ireland: As tensions rise between the United States and the European Union over potential tariffs, Ireland's Central Bank governor...
Rameswaram (Tamil Nadu) [India], March 30 (ANI): Struggling with uncertainty and a lack of recognition, Sri Lankan Tamil refugees in...
Bhubaneswar (Odisha) [India] March 29 (ANI): Senior IAS officer Sujata Rout Karthikeyan, who steered Odisha Government's Mission Shakti...
Hundreds of thousands of people gathered in Istanbul on March 29 to protest against the jailing of the citys mayor Ekrem Imamoglu,...
(250330) -- SINGAPORE, March 30, 2025 (Xinhua) -- Lachlan John Barker (L) of Australia breaks through during the FIBA 3x3 Basketball...
London [UK], March 29 (ANI): England's former World Cup-winning skipper Eoin Morgan revealed his two picks who could become Three Lions'...
Mumbai (Maharashtra) [India], March 29 (ANI): Following the Chennai Super Kings (CSK) loss to Royal Challengers Bengaluru (RCB) during...
BEIJING, March 29 (Xinhua) -- Here are the latest Chinese sports headlines from the past week: 1. 2024 Chinese Basketball Hall of...
Kathmandu [Nepal], March 29 (ANI): Former Australian batter Stuart Law was appointed as the new head coach of the Nepal Senior Cricket...
Aerial photo taken on March 20, 2019 shows the Lecheng international medical tourism pilot zone in Boao Town of Qionghai City, south...