Source: The Wall Street Journal (paywall)
Caterpillar, Cummins, Eaton, and Ford are redirecting manufacturing capacity and R&D toward specialized power equipment for AI infrastructure—generators, cooling systems, electrical distribution—because data centers now consume more electricity than many countries and incumbent suppliers can't scale fast enough. This reallocation of US industrial capacity away from traditional markets (construction, automotive, utilities) toward compute infrastructure has real consequences for labor skills, supply chains, and which companies capture the economic rents of the AI buildout.