One of the largest electrical products manufacturers in the country plans to launch a new production facility on the west side of El Paso, adding to four such plants that the company already operates in the city.
Schneider Electric, whose corporate headquarters are in Rueil-Malmison, France, will put up a 160,000 square-foot plant at the intersection of Northern Pass Drive and Northwestern Drive, within the borders of the Northwest Corporate Center industrial park.
Describing the project as a “new, state-of-the-art facility,” Annette Clayton, chief executive officer of Schneider Electric, said the plant will “allow us to get products into the hands of our distributors and end-users more quickly, and it will bring an estimated $138 million in economic value to the local area.”
The company, specializing in energy management and automation digital solutions, says the new El Paso plant will help to accelerate the delivery of its products to a wide customer base throughout the U.S., as well as in Canada and Mexico.
The new facility is expected to cost around $100 million to build, and upon completion will be the company’s largest such plant in the U.S.
A Fortune 500 company, Schneider, which first set up operations in El Paso in 2001, saw revenues of nearly $29 billion in 2020.
Work on the new El Paso facility will begin this spring, bringing Schneider’s total facility footprint to more than 576,000 square feet in the city.
By Garry Boulard
