Finance
Schneider Electric to invest over $700 million in US to power AI boom
Published by Global Banking & Finance Review®
Posted on March 25, 2025
2 min readLast updated: January 24, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on March 25, 2025
2 min readLast updated: January 24, 2026
Schneider Electric plans a $700M investment in US operations to enhance energy infrastructure and support AI growth, creating over 1,000 jobs.
(Reuters) - Schneider Electric said on Tuesday it plans to invest over $700 million in its U.S. operations over the next two years amid tariff threats that could affect the French electrical equipment maker.
The company said the investment, to be made through 2027, will focus on bolstering the U.S. energy infrastructure to power AI growth, boost domestic manufacturing and strengthen energy security.
Since his inauguration, U.S. President Donald Trump has announced tariffs on multiple commodities from aluminium to steel, and pharmaceuticals to semiconductor chips.
The looming threat has compelled companies including Eli Lilly, and Apple to expand manufacturing domestically.
Schneider will upgrade, expand and open several facilities across the U.S. including in Tennessee, Massachusetts, Texas, Missouri, Ohio, and North & South Carolinas as part of the planned investment. It also expects to create over 1,000 new jobs.
Coupled with the $440 million already announced since 2020 to strengthen its U.S. supply chain, the company's U.S. investment is set to surpass $1 billion this decade.
"We stand at an inflection point for the technology and industrial sectors in the U.S., driven by incredible AI growth and unprecedented energy demand," Aamir Paul, President of North America Operations for Schneider Electric, said in a statement.
(Reporting by Mrinalika Roy in Bengaluru; Editing by Sahal Muhammed)
The article discusses Schneider Electric's $700M investment in US operations to support AI growth and energy infrastructure.
The investment aims to bolster US energy infrastructure, support AI growth, and mitigate tariff threats by boosting domestic manufacturing.
Schneider Electric expects to create over 1,000 new jobs through this investment.
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