Siemens Invests $150 Million to Establish Global AI Manufacturing Technologies R&D Center in Ontario
Siemens Invests $150 Million to Establish Global AI Manufacturing Technologies R&D Center in Ontario
03/31/25, 7:14 PM
Location
munichMoney
$150 million
Industry
information technology
Type
partnership
Siemens has made a $150 million investment to establish a Global AI Manufacturing Technologies Research and Development (R&D) Center for Battery Production at its headquarters in Oakville. The investment will create up to 90 new jobs while helping secure Ontario’s leadership in battery manufacturing.
Company Info
Location
munich, bavaria, germany
Additional Info
Siemens AG is a leading technology company focused on industry, infrastructure, transport, and healthcare. The company creates technology with a purpose, adding real value for customers by combining the real and the digital worlds. Siemens empowers its customers to transform their industries and markets, helping them to transform the everyday for billions of people. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a globally leading medical technology provider shaping the future of healthcare.