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Germany, Nuremberg: Siemens Energy has announced a $235 M (€220 M) investment to expand its transformer factory in Nuremberg, Germany, a move that will create 350 new jobs and boost production capacity by 50 %.

The foundation stone for the site expansion was laid today,with Bavaria’s Minister President Dr Markus Söder and Nuremberg’s Mayor Marcus König. With this investment, Siemens Energy is addressing the sharp increase in global demand for large transformers which play a crucial role in grid expansion.

The Nuremberg site, which has been producing transformers since 1912, currently employs around 1,000 people. The expansion will add 16,000 m2 to the factory, with new production areas expected to be operational by 2028. Construction will continue alongside ongoing operations to meet soaring demand for large transformers, which are vital for grid expansion and renewable integration.

“Siemens Energy is creating 350 modern jobs in a place that has shaped energy history for over a century,” said Dr Söder. “Transformers and converters from Nuremberg are essential for secure power grids and the energy transition.”

Christian Bruch, CEO of Siemens Energy, highlighted the site’s long history and strong workforce: “With 113 years of expertise and highly qualified employees, Nuremberg has the right conditions to keep delivering key technologies for the energy transition.”

Last year, Siemens Energy announced a $106 M (€90 M) investment at the same site for a new converter production facility. In total, Siemens Energy has invested around $1.17 B (€1 B) in Germany over the past three years. In 2024, the company created approximately 1,300 new jobs in Germany, with up to 1,500 more expected by the end of 2026.

Source: Siemens Energy

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