Over the next five years, the company plans to invest a total of nearly $50m and create 226 new engineering and manufacturing jobs at this location. The expanded facility will house engineering operations that will support the company’s design, manufacture and service of power generation components.

Randy Zwirn, president and CEO of Siemens Energy, said: “The US is and will continue to be one of the most important markets for Siemens, and we are proud to expand our operations in Charlotte, North Carolina.

“We’ve had a large presence in the Charlotte area and in other areas in North Carolina for 40 years now, and it was our first-hand knowledge of the excellent business environment here that convinced us to expand our investment further. Charlotte is definitely an emerging energy center of excellence and we owe many thanks to the State of North Carolina and the City of Charlotte for their ongoing dedication to our business success. We look forward to our next 40 years in Charlotte.”

Siemens Energy currently employs 780 workers at its 550,000 square-foot Charlotte manufacturing facility, an operation that has been in place for 40 years.

Michael Suess, CEO of the Siemens Energy Fossil Power Division, said: “Our Charlotte operation is a critical part of Siemens Energy global manufacturing network, serving not only the US but other regions in the Americas as well. We have manufacturing locations strategically positioned all over the world in order to best serve our customers with solutions that are delivered more quickly and cost efficiently.”