Siemens announces $285 million investment in US manufacturing

LOS ANGELES (AP) — Siemens plans to invest $285 million in manufacturing in the United States, the tech company said Thursday, including two new facilities in California and Texas.

The U.S. is the largest market for the company. The recent investments in the Siemens’ U.S. manufacturing footprint and the planned acquisition of Altair, a Michigan-based software company, mark more than $10 billion in investment in the U.S.