Siemens Energy, which is part of German-based tech entity Siemens, plans to add 559 jobs across Mecklenburg and Wake counties, Gov. Roy Cooper announced Tuesday.
- As part of the project, the energy technology company will establish its first power transformer manufacturing facility in the U.S. in Charlotte’s Steele Creek area. This will be an expansion at its current facility on Westinghouse Boulevard.
Why it matters: 475 of the jobs Siemens is adding will be in Charlotte; 84 jobs will be in Raleigh. The state will provide nearly $10 million in incentives over 12 years to Siemens Energy if the company meets its hiring and investment targets.
- Siemens Energy is expected to invest a total of $149.8 million into the project statewide.
The big picture: Siemens has operated in Charlotte for more than five decades. The German giant manufactures steam turbines and electrical generators for energy firms at its local plant.
- In the Triangle, Siemens has a manufacturing and R&D hub in Wake County for electric vehicle charging technology. It also has a presence in Cary following its recent acquisition of the software company Brightly.
- North Carolina competed with Kansas for Siemens’ latest project, CBJ reported .