Siemens Energy to Increase Production Capacity at Nuremberg Transformer Facility
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 05 2025
0mins
Source: Reuters
Investment in Manufacturing: Siemens Energy will invest 220 million euros in a three-year project to expand its transformer manufacturing facility in Nuremberg, enhancing production capacity by approximately 50%.
Job Creation and Historical Significance: The expansion is expected to create 350 new jobs at the Nuremberg plant, which has been operational since 1912 and currently employs around 1,000 workers.
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.
