Schneider Electric invests $40 million to strengthen US supply chain

Nov. 10, 2020
Investment will increase manufacturing capacity and introduces more than 130 new jobs in the US.

Schneider Electric announced an additional $40 million investment toward modernizing its US manufacturing plants in Iowa, Kentucky, Nebraska and Texas. The monies will go toward innovative technologies and new production lines that will help increase Schneider Electric’s capacity of operations in the US for its customers, as well as further develop its local workforce.

This additional stake in the US is part of a larger, strategic approach to strengthen resilience, increase flexibility, and safeguard its supply chain, according to Schneider. The initiative will provide Schneider Electric with greater control of its production processes that will help them deliver quality products and services to its customers, while introducing new learning opportunities to the workforce.

“This investment demonstrates our continued commitment to both our customers and our employees, while setting the foundation for the future,” said Annette Clayton, CEO and president, Schneider Electric North America. “We now have the technology and resources available to expand and efficiently produce more locally. By modernizing and localizing our operations, we can better serve our customers and minimize the risk of interruption when we face the challenges of global economic changes.”

For example, Schneider Electric’s smart factory in Lexington, KY recently earned the distinction of 4th Industrial Revolution (4IR) Advanced Lighthouse by the World Economic Forum, becoming the third of its factories to receive this honor. The factory was recognized for its success in adopting Industry 4.0 technologies at scale with demonstrated benefits around energy efficiency, sustainability and overall cost savings, while offering increasing agility and resiliency within the operation.