Schneider Electric announced an additional $40 million investment toward modernizing its US manufacturing plants in Iowa, Kentucky, Nebraska and Texas. The monies will go toward innovative technologies and new production lines that will help increase Schneider Electric’s capacity of operations in the US for its customers, as well as further develop its local workforce.
This additional stake in the US is part of a larger, strategic approach to strengthen resilience, increase flexibility, and safeguard its supply chain, according to Schneider. The initiative will provide Schneider Electric with greater control of its production processes that will help them deliver quality products and services to its customers, while introducing new learning opportunities to the workforce.
“This investment demonstrates our continued commitment to both our customers and our employees, while setting the foundation for the future,” said Annette Clayton, CEO and president, Schneider Electric North America. “We now have the technology and resources available to expand and efficiently produce more locally. By modernizing and localizing our operations, we can better serve our customers and minimize the risk of interruption when we face the challenges of global economic changes.”
Schneider Electric is leading the Digital Transformation of Energy Management and Automation in Homes, Buildings, Data Centers, Infrastructure and Industries. With global presence in over 100 countries, Schneider is the undisputable leader in Power Management – Medium Voltage, Low Voltage and Secure Power, and in Automation Systems. We provide integrated efficiency solutions, combining energy, automation and software. In our global Ecosystem, we collaborate with the largest Partner, Integrator and Developer Community on our Open Platform to deliver real-time control and operational efficiency. We believe that great people and partners make Schneider a great company and that our commitment to Innovation, Diversity and Sustainability ensures that Life Is On everywhere, for everyone and at every moment.
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