From CEOs of Mayo, U.S. Bank and nVent on Midwestern leadership — North Star Summit 2025 · · Star Tribune
“nVent spun out of another company, Pentair, so we kind of naturally were here. For us as a new, growing company in data centers, AI and electrical products, we have a great talent base to attract here — engineers, manufacturing, financial professionals — and the diversity of industries in the Midwest allows us to bring people together to solve problems and innovate.”
On , Beth Wozniak, Chief Executive Officer & Chairman of the Board at NVENT ELECTRIC PLC, spoke about regional advantage during CEOs of Mayo, U.S. Bank and nVent on Midwestern leadership — North Star Summit 2025 on Star Tribune.
Beth Wozniak, chair and CEO of nVent Electric, has discussed the company's growth and its role in the expanding electrical infrastructure market. In July 2025, she noted that nVent's market capitalization had grown from under $4 billion to $12 billion since its 2018 stock exchange listing, attributing the growth to electrification and AI data center demand. Wozniak stated that the company has expanded its manufacturing capability in Minnesota and is adding hundreds of jobs, and she highlighted nVent's liquid cooling technology for data centers as a key product. She described the company's use of AI as still in its early stages, applied to coding, cybersecurity, and transactional functions. At the North Star Summit in November 2025, Wozniak said that nVent is expanding into a new facility in Blaine, Minnesota, and is hiring locally while working with technical colleges on apprenticeships. She stated that the electrical grid's capacity, which took a century to build, needs to double in the next 25 years, and that nVent's products are critical to that buildout. Wozniak also described liquid cooling as capable of reducing energy use in data centers by about 50%, and said that AI should complement human work by synthesizing data so employees can respond to customers with empathy.