The secretary of state for transport Louise Haigh and the Mayor of London attended the grand opening of the Goole Train Manufacturing Facility.
Alongside the opening, Siemens Mobility announced an investment of up to £40m in a Bogie Assembly and Service Centre at the site.
The new Bogie Assembly and Service Centre will incorporate and expand Siemens Mobility's current capabilities to overhaul bogies from UK trains, including the 3,224 strong fleet of vehicles (572 trains) it maintains in the UK, and will also include new production lines for assembling bogies for new trains, a first for Siemens in the UK.
The investment is set to secure about 100 existing jobs and create up to a further 200. The facility is due to be operational towards the end of 2026.
The investment in the new service centre in Goole, Yorkshire, comes in addition to the previously announced £200m investment in the Goole Rail Village including the Train Manufacturing Facility.
The facility will help produced the next generation of trains for the UK, including the new Piccadilly line trains for Transport for London (TfL). All of Siemens' future UK train orders, including Siemens Mobility's new battery trains, will be built at Goole, which is also gearing up to serving other global markets by 2030.
Transport secretary Louise Haigh said: "This impressive, world-class facility will be transformational to Goole and its people, providing a boost to the region's economy and supporting hundreds of skilled jobs.
"Its opening demonstrates the importance of high quality, long-term investment to pave the way for employment and growth."
Mayor of London Sadiq Khan said: "This train manufacturing facility in Goole is a fantastic example of the expertise we don't have and how investment in London benefits the whole country.
"This factory, where the new state-of-the-art Piccadilly line trains will be built, will create up to 900 direct jobs and support another 1,700 in the supply chain, delivering great benefits to the wider UK economy, showing that where London succeeds, the whole country succeeds and vice versa."
Sambit Banerjee, joint CEO at Siemens Mobility, added: "After more than a decade of tremendous dedication and hard work, we have officially opened our state-of-the-art Rail Village in Goole which is testament to our commitment to the North of England. None of this would have been possible without the brilliance, perseverance, and passion of our people and I'm incredibly proud of what we have achieved together.
"We'll assemble 80 per cent of London's new Piccadilly line trains and all future Siemens trains for the UK including our Verve battery train here in Goole and I'm pleased that we are supporting the local supply chain in the process. Our further investment in the Bogie Assembly and Service Centre will only add to our ability to transform rail and transport for everyone, right here in Goole."