Siemens Industry Inc. and DrinkPAK have revealed their plans to expand their operations in Tarrant County, bringing significant economic growth and job opportunities to the region.
Siemens Industry Inc., which already has a manufacturing facility in Grand Prairie, is set to establish a new site in Fort Worth. The company's primary focus at this location will be low-voltage electrical panels and circuits. By the end of 2026, Siemens aims to employ approximately 715 workers, with an average annual salary of $63,000. It's worth noting that Siemens and its subsidiaries collectively provide employment to over 311,000 people globally.
Meanwhile, DrinkPAK, a prominent beverage manufacturer, will also be expanding its operations in Fort Worth. This expansion is expected to contribute around 1,000 jobs to the local economy by December 2027, with an anticipated minimum average salary of $70,000 annually.
Collectively, Siemens Industry Inc. and DrinkPAK are planning to invest nearly $600 million in the Tarrant County area as part of their expansion initiatives.