Siemens Energy plans 500 new jobs in Charlotte, Raleigh + NC in $421M expansion
Siemens Energy, which has a large manufacturing base in Charlotte, said Tuesday it is expanding manufacturing operations in the state, spending $421 million and creating 500 jobs in Charlotte, Raleigh and Winston-Salem.
The move is designed to increase investments at sites that manufacture critical pieces of energy infrastructure equipment.
And in Charlotte, the company will expand its large power transformer manufacturing facility and increase service capacity to meet heightened energy demand. In February 2024, Siemens Energy said it was investing $150 million in Charlotte to expand its energy grid tech manufacturing.
“The equipment we produce in North Carolina is helping meet our nation’s unprecedented growth in energy,” said Matt Neal, Siemens Energy’s president of North America, in a statement. “We are building on a strong, decades-long foundation in the state.”
That demand is being fueled by the expansion of data centers and the growing need for electrification across various industries, including electric vehicles, Siemens Energy spokesman Jake Rubin said.
Like other regions in the U.S., North Carolina is seeing a surge in proposed data center projects driven by AI, and Charlotte is at its core. Data centers are warehouse-like facilities housing computer servers and components essential for storing, processing and disseminating large amounts of data.
Tuesday’s announcement for North Carolina expansion is part of a $1 billion investment by Siemens Energy in manufacturing in the U.S. to strengthen the energy supply chain, according to the company. Simultaneous announcements of new and expanded manufacturing are also in Mississippi, Alabama, New York, Texas and Florida.
Siemens Energy did not receive state or local tax incentives associated with Tuesday’s announcement, Rubin said. Siemens Energy was awarded about $15.4 million from the state, Mecklenburg County and city of Charlotte for its 2024 investment based on job performance.
.png "image (71).png")
Siemens Energy resumes gas turbine manufacturing in Charlotte
Also in Charlotte, Siemens Energy will resume gas turbine manufacturing after a six-year pause.
Gas turbine manufacturing began in the city in 2011. But Siemens Energy halted manufacturing in 2020 due to low demand worldwide for gas turbines, and converted the space to service gas turbines already installed throughout the U.S.
It kept its ability to manufacture turbines, if needed, in Charlotte. Siemens Energy currently manufactures gas turbines in Berlin.
Now, Siemens Energy said demand for gas turbines has skyrocketed, especially in the U.S. The company expects the first turbines made in Charlotte to start shipping in the next two to three years.
Siemens Energy has been a leading hub for the energy industry in Charlotte, Mayor Vi Lyles said in a statement. “Siemens Energy’s continuing investment in our city is great news for our economy and for our residents,” Lyles said.
Siemens Energy expands in Charlotte, Raleigh, Winston-Salem
Beyond Charlotte, the company will also be investing further in the Winston Technology Center in Rural Hall, which manufactures parts for power generation systems, and expanding grid technology project execution, engineering and research and development in Raleigh.
A breakdown of the investment and new jobs across Charlotte, Raleigh, and Winston-Salem was not immediately available. Siemens Energy has about 1,250 employees in Charlotte.
Gov. Josh Stein also praised Siemens Energy’s “meaningful expansion” in the state. Siemens Energy, which was spun off from Siemens AG in 2020, has had a presence in North Carolina since 1969. Siemens AG holds a dual corporate headquarters in Munich and Berlin in Germany.
Siemens Energy global headquarters is in Berlin, Germany, and its U.S. hub in Orlando, Florida.
About one-sixth of the electricity generated worldwide is based on technologies from Siemens Energy, according to the company. Siemens Energy employs about 103,000 people in more than 90 countries.
Siemens Energy employs more than 12,000 people in more than 20 states, with major manufacturing, service, and innovation hubs, according to the company’s website.
Last year, Siemens Energy reported $46 billion in revenue.
This story was originally published February 3, 2026 at 8:52 AM.
