Siemens Energy has begun the expansion of its transformer manufacturing facility in Nuremberg, Germany, in response to the rising global demand for large transformers essential for grid expansion.
The company is investing approximately €220m ($256.2m) in the expansion, which is set to create 350 new jobs and enhance production capabilities at the Nuremberg factory.
The current workforce at the Nuremberg factory, which has been operational since 1912, stands at nearly 1,000 employees.
Read more in Power Technology here.
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