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Siemens invests 75 million euros in expansion of Brazilian plant


WEBWIRE

Siemens AG has opened the largest South American power technology plant to date in the Brazilian capital of São Paulo. Investments in the expansion of the Jundiaí manufacturing site amount to 75 million euros. The Siemens Power Generation Group (PG) and the Power Transmission and Distribution Group (PTD) are consolidating their Brazilian production facilities in one site that covers an area of 52,000 square meters.

In Jundiaí, 1400 employees produce transformers, industrial steam turbines rated up to 100 megawatts (MW), as well as high-voltage and medium-voltage products and systems for power transmission and distribution. In addition, the site houses the largest transformer testing center on the South American continent. The expanded factory is located 60 kilometers north of the Brazilian metropolis of São Paulo, and Siemens delivers about 40 percent of the transformers manufactured there abroad, especially to the U.S. and other Latin American countries. The export contingent of the high-voltage and medium-voltage products amounts to about 20 percent. The principal customer at this is the Mercosur region.

“With the expansion of the plant in Jundiaí, Siemens is strengthening its leading role in the energy sector and highlighting its commitment to job creation and local value added in Brazil,” said Adilson Primo, President of Siemens’s national company in Brazil, at the plant dedication. The ceremony was also attended by Brazilian President Luiz Inácio Lula da Silva. “Siemens is now optimally prepared to satisfy Brazil’s demands for energy technology. At the same time, the plant serves as a platform for exports to the entire world,” said Primo.

Siemens (Berlin and Munich) is a global powerhouse in electrical engineering and electronics. The company has around 475,000 employees (incl. discontinued operations) working to develop and manufacture products, design and install complex systems and projects, and tailor a wide range of services for individual requirements. Siemens provides innovative technologies and comprehensive know-how to benefit customers in over 190 countries. Founded more than 160 years ago, the company focuses on the areas of Information and Communications, Automation and Control, Power, Transportation, Medical, and Lighting. In fiscal 2006 (ended September 30), Siemens had sales of €87.3 billion and net income of €3.033 billion, according to U.S. GAAP. Further information is available on the Internet at: www.siemens.com



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