Siemens Mobility will invest $220 million in a rail manufacturing facility in North Carolina

Siemens Mobility, the largest manufacturer of passenger rolling stock in the United States, will build a $220 million advanced manufacturing and rail services facility in Lexington, North Carolina. The facility will create over 500 new jobs and become one of the largest employers in the city.

Siemens Mobility will meet the growing demand for passenger rail in the United States by manufacturing some of the most innovative and environmentally friendly passenger trains available on the North American market.

“America’s investing in rail – and we are investing in America,” said Dr. Roland Busch, CEO of Siemens AG. “Siemens has invested $3 billion in manufacturing expansions and M&A activities in the U.S. over the past four years alone, including nearly $400 million to grow its U.S. manufacturing footprint and over two and half billion dollars in strategic U.S. acquisitions. This latest facility will build rail technology to help transform the everyday for millions of passengers around the country, particularly as the country sees a resurgence in public transit and intercity travel.”