Schneider Electric to Invest $140 Million in 2024 to Expand U.S. Manufacturing Presence to Support Critical Infrastructure, Industries, and Data Center Demand
The company will invest $85 million initially to transform and equip an existing 500,000 square foot building in Mt.
- The company will invest $85 million initially to transform and equip an existing 500,000 square foot building in Mt.
- Both locations will manufacture custom electrical switchgear and medium voltage power distribution products to bolster support for critical infrastructure, industries, and the escalating demand for data center solutions across the U.S.
- The Tennessee investment is part of Schneider Electric's commitment to strengthen its American manufacturing presence and create new jobs.
- In 2023, TIME magazine named Schneider Electric to its 100 Most Influential Companies list recognizing it for work done to help clients reduce greenhouse-gas emissions.