Schneider Electric will invest $7 million to expand its operations in El Paso, Texas, creating 193 new jobs in the Lone Star State. Schneider Electric plans to expand its facility in El Paso to house a new custom engineered-to-order power control business line, targeting data centers, hospitals and other customers with mission-critical electrical continuity requirements.
As a global specialist in energy management, Schneider Electric offers integrated solutions across multiple market segments, including leadership positions in utilities and infrastructure; industries and machines manufacturers; non-residential buildings; data centers and networks; and residential.
"At Schneider Electric we strive for continuous improvement in our manufacturing system and driving innovation to meet customer needs. This investment in our El Paso facility is a testament to the excellent experience here, the local workforce, and resources available in Texas," said Ted Klee, Senior Vice President, Global Supply Chain, North America, Schneider Electric.
Governor Rick Perry said the Texas Enterprise Fund awarded the firm $750,000 to assist in its expansion project. Execution of the state's agreement is contingent upon finalization of a local incentive offer as required by program criteria. "This TEF investment will help power Schneider Electric's growth, which will pump millions of dollars into the local economy and create quality jobs for Texans,” Governor Perry said.
"Schneider's expansion of its operations in El Paso will be a tremendous boost to our regional economy," said Borderplex Alliance CEO Rolando Pablos. "Governor Perry and Mayor Leeser are to be commended for their continued commitment to the attraction and retention of high quality companies like Schneider. This latest announcement is proof positive that our region is on the move."