Schneider Electric announced on Tuesday plans to invest over $700 million in its U.S. operations over the next two years, focusing on strengthening energy infrastructure to support the AI boom, enhance domestic manufacturing, and improve energy security. The investment, slated to continue through 2027, comes amid ongoing tariff threats that could impact the French electrical equipment giant.
The U.S. government, under President Donald Trump, has imposed tariffs on a wide range of products, from aluminum and steel to pharmaceuticals and semiconductor chips. These tariffs have prompted many companies, including Eli Lilly and Apple, to boost their domestic manufacturing efforts. Schneider Electric aims to capitalize on this trend by expanding its facilities in Tennessee, Massachusetts, Texas, Missouri, Ohio, and North and South Carolina. The company also plans to create more than 1,000 new jobs as part of the investment.
In addition to the new $700 million, Schneider Electric has already committed $440 million since 2020 to enhance its U.S. supply chain. With these ongoing investments, the company’s total U.S. investment this decade is set to exceed $1 billion.
“We stand at an inflection point for the technology and industrial sectors in the U.S., driven by incredible AI growth and unprecedented energy demand,” said Aamir Paul, President of North America Operations for Schneider Electric.
