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 Boston Star 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 Boston Star.
More InformationANDOVER, Massachusetts: As artificial intelligence drives up energy demand across the United States, Schneider Electric is making a...
WASHINGTON, D.C.: U.S. consumer confidence continued to drop in 2025, hitting its lowest level in 12 years as more Americans worry...
WASHINGTON, D.C.: Alphabet's self-driving division Waymo is preparing to expand its driverless ride-hailing footprint to the heart...
BENGALURU, India: A major regulatory breakthrough in India could mark a turning point for Starlink, Elon Musk's satellite internet...
NEW YORK, New York - Renewed fears about inflation, and U.S. Donald Trump's trade policies say American markets take a deep dive Friday....
NEW YORK CITY, New York: Segway is recalling about 220,000 scooters in the U.S. because of a safety issue that can cause riders to...
ANDOVER, Massachusetts: As artificial intelligence drives up energy demand across the United States, Schneider Electric is making a...
WASHINGTON, D.C.: With flight delays rising and aviation safety under scrutiny, the U.S. government is preparing a sweeping modernization...
(Photo credit: Alonzo Adams-Imagn Images) Shai Gilgeous-Alexander scored 33 points as Oklahoma City beat visiting Indiana 132-111...
(Photo credit: Wendell Cruz-Imagn Images) Aaron Judge hit the third of three straight homers for the Yankees to open the game before...
(Photo credit: Daniel Dunn-Imagn Images) Jayson Tatum hit for 29 points and grabbed 10 rebounds as the visiting Boston Celtics easily...
(Photo credit: Raymond Carlin III-Imagn Images) Adolis Garcia homered among his three hits and drove in three runs Saturday to lead...