For those US-based readers interested in investment in manufacturing here, this news provides a bit of good news. I’ve visited the Lexington plant discussed here. It is an impressive operation. Glad to see Schneider Electric putting some additional money there.
Schneider Electric announced it will invest about $46 million in its Lexington, KY and Lincoln, NE manufacturing plants to modernize their operations and increase circuit breaker and related electrical product output for its customers in the U.S. and Canada.
In addition, company officials said:
- Construction of its El Paso, TX manufacturing plant is progressing on schedule. The 160,000 square foot plant is projected to be operational by the end of 2022.
- Expansion of Schneider’s Tlaxcala, MX operation continues as the company seeks to meet demand for the circuit breakers and electrical panel boards produced there. The 150,000 square foot operation will employ about 600 workers and will provide the company with the capability to manufacture and ship products in-region should the need arise.
- Schneider will expand its manufacturing operation in Monterrey, MX with a 185,000 square foot manufacturing plant that will build and ship customized switchgear products used to transmit power most often in commercial buildings. The company expects to employ about 325 workers and begin shipping products before the end of 2023.
- The Lexington, KY plant is recognized by the World Economic Forum as both an Advanced Lighthouse and a Sustainability Lighthouse for its adoption and use of 4IR technologies and for achieving sustainability and productivity breakthroughs, respectively. Schneider Electric was ranked No. 2 in the Gartner Supply Chain Top 25 for 2022. It recently ranked eighth on the 2022 Best Workplaces in Manufacturing & Production list by Fortune magazine.