Schneider Electric has unveiled plans for a substantial investment totaling $140 million aimed at bolstering its manufacturing operations in the United States while creating 750 new job opportunities.
A significant portion of this investment, amounting to $85 million, will be allocated towards the establishment of a new facility in Mt. Juliet, Tennessee, alongside enhancements to an existing site in Smyrna, Tennessee. These strategic moves are set to enhance the production capabilities for custom electrical switchgear and medium voltage power distribution products.
The new plant in Mt. Juliet is scheduled to commence operations in 2024, with full functionality expected by 2025.
Together, both locations will provide employment to a workforce totaling 455 individuals, comprising both fresh hires and existing staff members.
Aamir Paul, President of North America Operations at Schneider Electric, emphasized the crucial role of electrical infrastructure in supporting advancements in computing and technology.
He further highlighted how these investments align with the objectives of key legislation, such as the Infrastructure Investment and Jobs Act and the Inflation Reduction Act, aiming to fortify the domestic supply chain for essential products.
Additionally, Paul emphasized Schneider Electric’s commitment to driving the nation’s transition towards clean energy.