By Nina Kienle
Dow Jones-Schneider Electric is investing more than $ 700 million in his US business by 2027. The investment will support the US energy infrastructure in order to promote growth in the field of artificial intelligence, boost domestic production and strengthen energy security, said French energy management and automation group. More than 1,000 new jobs are to be created. Together with previous investments in 2023 and 2024, Schneider Electric’s investments in the USA amount to more than $ 1 billion in this decade.
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DJG/DJN/Sha/Hab
(End) Dow Jones Newswires
March 25, 2025 09:32 ET (13:32 GMT)
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