Siemens Energy

Project facts

Decision / announcement date

2026-02-03

Date precision

day

Sector

Industrial machinery & equipment

Facility action

Expansion

Facility type

Manufacturing plant

Project status

Announced

Project / facility

Expansion of Fort Payne manufacturing plant (copper and insulated electrical components for generators)

Figures & qualifications

Capital category

Not disclosed

Capital scope

site

Jobs classification

New/Direct

Jobs basis

Commerce: '120 new advanced manufacturing jobs for the company's operations in Fort Payne'. About 250 current employees (existing).

Statistical exclusion reason

Expansion band ($50M/100): outside the core $100M/250 statistical series.

Siemens Energy will add 120 manufacturing jobs at its Fort Payne plant.