Siemen’s Expansion| Energy’s Big Day In Charlotte

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Siemens Expands in Charlotte- $135M Expansion is Another Big Energy Get for Charlotte

Siemens, an international leader in energy, has been in Charlotte for more than a decade and yesterday announced a $135M expansion to its Westinghouse Rd facility, creating over 800 jobs in the next 5 years.  This will more than double the size of  Siemens in Charlotte-already the German company’s largest installation in the US-   they will be manufacturing turbines and generators for nuclear and steam power plants,  making Siemens a key player in the US energy future.

Siemens expanison is on top of a $50 M 75000 sf expanison begun in November. It is now  just one of many major energy companies, Duke Energy and the Shaw Energy Group are the largest players so far.  This expansion will make Siemens the largest manufacturer in Charlotte. This is good news for Charlotte’s desire to become an energy hub.

In Real Estate News

February Home Sales Prices up from February 2009 with the number of houses, condos and townhouses up 3.6% from our local board of Realtors- and their median ome price rose 4.6%. I’ll look at actual square foot increases next week over at Charlotte Real Estate

Realty Trac announced a 6% increase in foreclosure filings, the smallest increase in more than 40 months. These are primarily unemployment related foreclosures.


The Relocations are back… so far we will move 6 families in the first half of the year to Charlotte- these are all moves by choice to Charlotte.  Cost of living and the  quality of life are the most often cited reasons.  Vistit Terry’s sister site to Search for Charlotte Homes for Sale

Terry McDonald

Terry McDonald

I am the owner and operator of and was inspired to create this website when I moved my young family of 6 down to Charlotte from the northeast, now over 20 years ago. Charlotte quickly became home to us and I wanted to create a website that would help individuals and families considering a move to Charlotte. I'm also the owner of The McDonald Group at eXp Realty (my day job) and have helped hundreds of folks relocate to Charlotte over the years.

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So everybody’s heard that Atlanta calls itself the “capitol” of the New South. Ok, I’ll give them that. But if Atlanta is the “capitol”, then Charlotte is the heart of the New South. Charlotte is the 20th largest city

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