Siemens AG announced a $285 million investment in manufacturing in the United States, including the construction of two new facilities in California and Texas.
Siemens is focusing on the American market to support and benefit from America's industrial tech growth.
The investment is expected to create over 900 skilled manufacturing jobs and more than double Siemens' production capacity of electric equipment used to power critical American infrastructure.
Siemens has already invested over $90 billion in the United States in the last 20 years and with this new investment, the number is expected to cross $100 billion.