Siemens Energy to expand in Charlotte and Raleigh, promising more than 550 new jobs

Siemens Energy plans to add more than 550 jobs in Charlotte and Raleigh as the company seeks to expand its existing energy grid technology manufacturing in the state. A division of the Munich-based conglomerate Siemens, Siemens Energy already employs more than 1,000 people in North Carolina. On Tuesday, the state Economic Investment Committee approved an incentive deal that could award Siemens Energy close to $10 million if the company meets future hiring and investment goals. Mecklenburg County and the City of Charlotte added local incentive packages worth around $2.7 million...