Schneider Electric to Invest $140 Million in 2024 to Expand U.S. Manufacturing Presence to Support Critical Infrastructure, Industries, and Data Center Demand
Recently, Schneider Electric announced plans to invest $140 million into its U.S. manufacturing operations and create about 750 new manufacturing jobs across the country in 2024. The company will invest $85 million initially to transform and equip an existing 500,000 square foot building in Mt. Juliet, Tennessee and upgrade its existing Smyrna, Tennessee manufacturing operations. 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.