Siemens invests US$220 million in a new rail manufacturing facility in Lexington, North Carolina
USD220M
Deal Value
Siemens AG is investing US$220 million in a new rail manufacturing facility in Lexington, North Carolina, with construction already underway. This investment aims to bolster U.S. infrastructure and mobility, contributing to the company's broader strategy of expanding its manufacturing presence in high-growth markets.
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Counterparts (2)
Investor
Siemens Gamesa
Siemens Gamesa is a wind turbine manufacturer that operates across the entire wind energy spectrum, including onshore, offshore, and services. They develop, manufacture, install, and service wind turbines, contributing to the global energy transition and offering solutions for a sustainable future.
Siemens
Siemens is a global technology powerhouse focused on industry, infrastructure, transport, and healthcare. In the infrastructure sector, it provides a comprehensive portfolio of products, systems, solutions, and services for smart infrastructure, sustainable energy, and intelligent mobility, driving digitalization and sustainability across various industries and urban environments.
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Announced
Nov 3, 2023
Signed
Closed
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