Siemens Energy targets US transformer production in 2027, can further expand factory
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 26 2025
0mins
Source: Reuters
Siemens Energy's U.S. Expansion Plans: Siemens Energy plans to start production of large industrial power transformers in the U.S. by 2027, with potential for further expansion at its Charlotte factory depending on demand and import tariffs.
Market Outlook and Tariff Impact: The company anticipates significant investment in the U.S. power grid due to rising power demands, while also addressing concerns about the impact of U.S. import tariffs on their profits and operations.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
