India Business Journal - Schneider Electric to invest over $700 million in US to power AI growth

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Schneider Electric to invest over $700 million in US to power AI growth

IBJ Bureau
Mar 26, 2025

Schneider Electric said on Tuesday that it plans to invest over $700 million in its US operations over the next two years amid tariff threats that could affect the French electrical equipment-maker.

The company said that the investment, to be made through 2027, will focus on bolstering the US energy infrastructure to power AI growth, boost domestic manufacturing and strengthen energy security.

Since his inauguration, US 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 US, including in Tennessee, Massachusetts, Texas, Missouri, Ohio, and North and South Carolinas as a 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 US supply chain, the company’s US investment is set to surpass $1 billion this decade.

“We stand at an inflection point for the technology and industrial sectors in the US, driven by incredible AI growth and unprecedented energy demand,” Aamir Paul, the president of North America operations for Schneider Electric, has said in a statement.