Lexington, North Carolina — According to state and local development sources, Siemens plans to invest $220,000,000.00 to build out new space in Lexington. The company plans to occupy the new space in Lexington, on or about December 1, 2024. According to the company website Siemens is a technology company focused on industry, infrastructure, mobility, and healthcare. Creating technologies for more resource-efficient factories and resilient supply chains to smarter buildings and grids, to cleaner, comfortable transportation and advanced healthcare, the company empowers customers to transform the industries that form the backbone of economies, transforming the everyday for billions of people. In fiscal 2020, which ended on September 30, 2020, the Siemens Group generated revenue of 57.1 Billion Euros and net income of 4.2 Billion Euros. As of September 30, 2020, the company had around 293,000 employees worldwide.

To learn more about Siemens, visit http://siemens.com/

Company Contact:
Barbara Humpton, Chief Executive Officer
https://www.linkedin.com/in/barbara-humpton/
800-743-6367

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