Dubai, a thousand new jobs at Vertiv

To meet the growing demand globally, “Vertiv” has doubled its production and manufacturing capabilities for electrical switches, distribution systems, integrated and standardized connection solutions. The company's manufacturing departments have seen the addition of over 1000 new jobs since “Vertiv” acquired the E+I Engineering company in November 2021.

Editorial

Publicly traded company “Vertiv – Vertiv”, trading under the symbol (VRT) on the New York Stock Exchange, a leading global provider of digital infrastructure solutions today announced an expansion of its manufacturing and manufacturing capabilities worldwide in electrical switches, distribution systems, connections and integrated solutions (IMS) sector, increasing production by more than 100% since acquiring the E&I Engineering and PowerBarGulf companies in November 2021. The company plans to further double its production capabilities by the end of 2025.

Ongoing expansion plans help the company meet current commitments to customers, as well as meet growing demand for energy infrastructure solutions in data centers, particularly shared data centers and large broadband data centers, for support various operations, including hosting artificial intelligence applications and high-performance computing operations.

Over the last two years, “vertiv“, after the acquisition of E&I Engineering and PowerBar Gulf, has globally expanded its manufacturing capabilities in electrical switches, distribution systems, connection and integrated energy management solutions, through the opening of new facilities and the expansion of manufacturing operations in existing facilities, bringing adding more than 1000 new manufacturing department jobs by the end of 2023.

With additional expansion plans currently underway, “Vertiv” expects to increase its manufacturing capabilities in the area of ​​electrical switches, distribution systems, connection and integrated solutions by more than double in the next two years.

Giordano Albertazzi, CEO of “Vertiv”, said: “When we acquired E&I Engineering and PowerBar Gulf, specialized in the production of electrical switches and distribution and connection systems, to expand our complete range of data center energy management solutions and support the operations of commercial and industrial applications vital, we expected our broad product range to help deliver greater value and high-quality solutions to our customers. With continued growth in data exchange, fueled by the acceleration of the adoption of AI solutions, the current level of demand exceeds the expectations we had during the time the acquisitions were completed. “Vertiv” is addressing this growing demand by investing in its manufacturing capabilities in many of its key operating areas and locations, as well as expanding operations around the world, enabling us to track future demand for energy management solutions.”

Albertazzi highlighted that the acceleration of the adoption of solutions supported by artificial intelligence and high-performance computing technologies has led to an increase in demand for a wide range of solutions offered by the company, especially those capable of increasing energy capacity and drive innovation in data centers, including solutions to improve energy efficiency, thermal management and standardized solutions. Lui noted that the company's efforts to increase investment in manufacturing capabilities around the world are in line with its strategy to support the growth of the data center industry and improve the flexibility of supply and distribution chains.

Currently, “Vertiv” is expanding its operations and manufacturing capabilities in the field of electrical switches, distribution systems, connection and integrated solutions in its manufacturing facilities in South Carolina (United States), Mexico, Slovakia, United Arab Emirates, Ireland, and Northern Ireland.

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Dubai, a thousand new jobs at Vertiv

| Economics |