RALEIGH, N.C. (WNCN) – U.S. Energy Sec. Jennifer Granholm traveled to Raleigh Friday to announce that Siemens is among dozens of companies receiving tax credits under the Inflation Reduction Act as the company expands its presence in North Carolina.
The Department of Energy released details of 35 projects in 20 states that qualified for the credits to do different kinds of work to advance clean energy.
Siemens recently announced a plan to add more than 500 additional jobs in Wake County and Charlotte. About 475 of those jobs will be in the Queen City, where Siemens will produce large power transformers in 2026.
The company says that will help to modernize and expand the electrical grid, especially in light of renewables and growing data centers to support AI.
“But, really what it is, is investing in manufacturing in America, bringing jobs back to America after we have seen them leave,” said Granholm.
The secretary’s visit to this important 2024 …