Industrial automation and digital transformation supplier Rockwell Automation announced on Aug. 6 that the company plans to invest $2 billion in U.S. manufacturing plants, talent and digital infrastructure.

CEO and Chairman Blake Moret said in the company’s financial release that the U.S. was the primary recipient of these capital expenditures, which aim to support productivity initiatives and advance global growth and margin expansion targets.  The company added that more details on the investment scope and milestones are expected in November.

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The plan includes implementing automation to improve plant efficiency, recruiting talent for key business areas and developing an AI-driven business system to enhance employee, partner and customer interactions.

“To be clear, a portion of this will include brick and mortar,” Rockwell CFO Christian Rothe said in the company’s fiscal third quarter earnings call that same day. “We will share additional information at our Investor Day in November, but know that each element of this program will have a clear ROI aimed at enhancing competitiveness, expanding margins and positioning Rockwell for long-term growth. We believe in the power of industrial automation and digital transformation. That’s true for our customers. It’s also true for us. This investment reflects our conviction.”

While the company has not disclosed the exact number of jobs expected to be created from the investment, the company confirmed that hiring is resuming following workforce reductions earlier in 2024.