The passenger coach manufacturing plant and locomotive and passenger coach overhaul facility will be located on 200 acres. When it begins operations in 2024, it will incorporate some of the latest technologies found at the Sacramento facility, including robotic welding, 3D printing and virtual reality welder training.
"America is investing in rail - and we are investing in America," said Roland Busch, CEO of Siemens AG. "In the past four years alone, Siemens has invested $3 billion in U.S. manufacturing expansions and M&A activities, including nearly $400 million to expand its U.S. manufacturing footprint and more than $2.5 billion in strategic U.S. acquisitions.
"For more than 30 years, we've seen the U.S. market grow as we've manufactured more than 3,000 locomotives, passenger coaches and light rail vehicles in the U.S. in partnership with our 2,000 U.S. suppliers, including more than 40 in North Carolina. We now look forward to expanding in North Carolina and along the East Coast and continuing to deliver sustainable rail in the U.S.," said Michael Peter, CEO of Siemens Mobility.
The project is estimated to add $1.6 billion to the state's economy over 12 years.
"President Biden is committed to investing in America and rebuilding our economy from the bottom up - and it's working," said Senior Advisor to the President and White House Infrastructure Implementation Coordinator Mitch Landrieu. "Siemens' announcement is further proof that when the public and private sectors work together, we can build a better America - powered by world-class, sustainable transit and rail that makes it easier for families to see their loved ones, domestic manufacturing that strengthens our global competitiveness, and good-paying jobs for all."
Siemens Mobility has been manufacturing in America for more than 40 years, and Lexington, NC will be its ninth manufacturing site, with other facilities located in Alpharetta, Georgia; Louisville, Kentucky; Marion, Kentucky; Pittsburgh, Pennsylvania; New Castle, Delaware; Tualatin, Oregon; and two facilities in Sacramento, California.
