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Schneider Electric to Invest and Build Three New Manufacturing Plants in North America

Schneider Electric, the global leader in the digital transformation of
energy management and automation, today announced it will build and equip
three new manufacturing plants in North America and hire more than 1,000 new
employees to increase production and speed the delivery of electrical
products to customers in Canada, Mexico, and the U.S.

Company officials are currently evaluating locations in Santa Teresa, New
Mexico and El Paso, Texas for the U.S. manufacturing site. Land owned by
Schneider Electric in Tlaxcala, Mexico will be used to build a new
manufacturing plant expanding its presence in the city. The company is also
evaluating existing buildings in Mexico City, Mexico to renovate into a
manufacturing operation. The company plans to start construction and
renovation before the end of 2021 with an ambition to increase its workforce
to manufacture circuit breakers, switchboards, panelboards, and medium
voltage switchgear for use in data centers, infrastructure, and homes by
late 2022.

“Our future is calling for a more resilient and sustainable supply chain and
that’s exactly what we’re seeking to deliver with this latest investment,”
said Annette Clayton, CEO and President, Schneider Electric North America.
“By continuing to invest in modern, digitally enabled manufacturing, we’re
increasing capacity to minimize interruption risk when unforeseen challenges
occur and reduce wait time for customers.”

Schneider Electric is also focused on shortening its regional supply chain.
Beyond bolstering its manufacturing capacity, Schneider Electric has vetted
and approved more than one hundred alternate suppliers and secured strategic
buys of industry-constrained raw materials to support increased demand and
improve continuity of supply, respectively.

Schneider Electric’s supply chain investments of more than $100 million in
2021 and 2020 will enable the company to build and equip the new plants to
increase manufacturing capacity. The monies have also been used to purchase
new equipment and tooling to build components used for production, and to
hire, train, and upskill its workforce within its regional manufacturing
network.

Earlier this year, Schneider Electric was ranked fourth in Gartner’s closely
watched annual ranking of corporate supply chains, marking the second
consecutive year it was placed in the Top 5. Additionally, three of its
factories, including its Lexington, KY operation, have earned the
distinction of 4th Industrial Revolution (4IR) Advanced Lighthouse by the
World Economic Forum for incorporating 4IR technologies such as artificial
intelligence and the Internet of Things into its manufacturing and supply
chain operations. The Kentucky plant was also recognized recently by the
World Economic Forum as a Sustainability Lighthouse-one of only three
worldwide for achieving sustainability and productivity breakthroughs.

About Schneider Electric

Schneider’s purpose is to empower all to make the most of our energy and
resources, bridging progress and sustainability for all. We call this Life
Is On.

Our mission is to be your digital partner for Sustainability and Efficiency.

We drive digital transformation by integrating world-leading process and
energy technologies, end-point to cloud connecting products, controls,
software and services, across the entire lifecycle, enabling integrated
company management, for homes, buildings, data centers, infrastructure and
industries.

We are the most local of global companies. We are advocates of open
standards and partnership ecosystems that are passionate about our shared
Meaningful Purpose, Inclusive and Empowered values.

www.se.com

Sat. November 27th, 2021

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