Siemens Energy is investing approximately €220 m to expand its transformer factory in Nuremberg, and started on 5 September with the laying of the foundation stone for the new works. This investment decision is Siemens’ response to the sharp increase in global demand for large transformers, which are crucial for grid expansion.
Currently, Siemens Energy employs nearly 1000 people at the factory in Nuremberg, where transformers have been manufactured since 1912. To meet rising demand, the facility will be expanded by around 16 000 square metres, increasing production capacity by approximately 50 %. Construction will take place while operations at the factory continue, with the new production areas expected to be available by 2028. The Free State of Bavaria is supporting the expansion with up to €20 million in technology funding – aiming to sustainably strengthen Nuremberg as a hub for innovation, research, and development.
Dr Markus Söder, the minister president of Bavaria, commented: “Nuremberg is becoming a hub for the energy transition: With an investment of €220 million, Siemens Energy is creating 350 modern jobs in a place that has been successfully shaping energy history for over a century. We are investing up to €20 million in research and development for this project alone. Thus, we are creating a climate for an economically friendly future, secure jobs, and environmentally friendly technologies. Only with forward-looking and courageous policies will we be able to master today’s challenges and thereby secure tomorrow’s prosperity.”
Last year, Siemens Energy announced a €90 million investment at the same site for a new converter production facility. In total, the company has invested around €1 billion in Germany over the past three years.
