Enjoying increased sales, the Schneider Electric company is on the verge of building a new and large production facility.
At this point, the company has not decided specifically where the plant will go up but is currently considering sites in both El Paso and Santa Teresa.
Based in Rueil-Malmaison, France, Schneider manufactures energy and automation digital solutions for homes, buildings, and data centers, with an emphasis on panelboards, switchboards, and switchgears.
The company, enjoying nearly $29 billion in annual revenue, has long had an El Paso presence, with a manufacturing facility up and running on the western side of the city at 1701 Northwestern Drive in the Northwest Corporate Center industrial park.
Schneider moved into that nearly 113,000 square foot space nearly 3 years ago.
It is expected that it will cost at least $20 million to build the new plant. The company has additionally announced plans to build two more facilities in metro Mexico City.
Company officials will most likely announce the location for the new U.S. plant by the end of this year.
By Garry Boulard
