Siemens Energy sees U.S. transformer production starting in 2027
Photo: Freepik Siemens Energy (OTCPK:SMEGF) expects to launch U.S. production of big industrial power transformers in 2027 and can further expand its North Carolina factory if demand, and import tariffs, stay high, executives said Thursday, Reuters reported. Siemens Energy (OTCPK:SMEGF) tallies more than 20% of its total sales in the U.S. market, where it operates…