Why Build a New Factory in the US? Logistics, Not Politics
The decision-making on multimillion-dollar factory investments is governed more by economic practicalities than governmental interests.
Siemens’ new plant in Fort Worth, Texas, will primarily build equipment for data centers.
Photographer: Brooke Sutherland/Bloomberg
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“The operating model of the world is somehow broken,” Siemens AG Chief Executive Officer Roland Busch told me last week in an interview in Fort Worth, Texas, where the company is investing $150 million to build an electrical infrastructure manufacturing plant. The facility will primarily build equipment for data centers and complement the work of a recently expanded circuit-breaker plant in Grand Prairie, Texas, about 20 miles to the east, and a revamped low-voltage electrical equipment and EV charger facility in Pomona, California, about 1,400 miles to the west.