Global technology company Siemens announced Friday plans to invest $150 million in building a high-tech manufacturing plant in Fort Worth.
The facility will accelerate growth at U.S. data centers driven by the adoption of generative artificial intelligence, according to a news release.
The Fort Worth Star-Telegram reported earlier this year Fort Worth City Council members granted a $6 million tax abatement for the project on Harris Legacy Drive. The plant will produce low-voltage switchboards and switchgear, the publication reported.
The company, based in Munich, Germany, is also building two electrical products manufacturing plants in Grand Prairie and Pomona, California.
Between those projects, along with a rail manufacturing facility in Lexington, North Carolina, Siemens revealed it plans to invest $510 million in the U.S. this year, creating 1,700 jobs, according to the press release.
The Fort Worth plant “will meet booming demand for the electrification of critical infrastructure,” such as data centers, battery plants, semiconductor facilities and electric vehicle charging.
Production is expected to start next year. By the end of 2026, the Star-Telegram reported, Siemens will have created 715 full-time jobs, with about a quarter of them coming to Fort Worth. Those positions will pay an average salary of $63,000.
Siemens employs more than 1,900 people at facilities in Carrollton, Grand Prairie and Plano, according to its website. Its products and services include building and drive technology, energy, finance, health care, industrial automation, mobility, software and consumer products. Siemens also specializes in more than 20 industries, among them oil and gas, mining, wind, water, solar, glass, chemical, paper and life sciences.