Facility will add 226 new jobs over the next five years

CHARLOTTE, N.C., Oct. 8 /PRNewswire-FirstCall/ -- Siemens Energy, along with state and local public officials and a host of community leaders, celebrated the groundbreaking of the new 60,000-square-foot expansion project adjacent to the existing Siemens Steam Turbine-Generator Manufacturing Plant in Charlotte, North Carolina, today. Over the next five years, the company plans to invest a total of nearly $50 million and create 226 new engineering and manufacturing jobs at this location. The expanded facility, designed to achieve LEED Gold certification, will house engineering operations that will support the company's design, manufacture and service of power generation components.

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Nearly 400 attendees and employees watched as Siemens executives and state and local dignitaries ceremonially turned the first spades of dirt during the event.

"The U.S. is and will continue to be one of the most important markets for Siemens, and we are proud to expand our operations in Charlotte, North Carolina," stated Randy Zwirn, president and CEO of Siemens Energy, Inc. "We've had a large presence in the Charlotte area and in other areas in North Carolina for 40 years now, and it was our first-hand knowledge of the excellent business environment here that convinced us to expand our investment further. Charlotte is definitely an emerging energy center of excellence and we owe many thanks to the State of North Carolina and the City of Charlotte for their ongoing dedication to our business success. We look forward to our next 40 years in Charlotte."

Siemens Energy currently employs 780 workers at its 550,000-square-foot Charlotte manufacturing facility, an operation that has been in place for 40 years.

"Our Charlotte operation is a critical part of Siemens Energy global manufacturing network, serving not only the U.S. but other regions in the Americas as well," said Dr. Michael Suess, CEO of the Siemens Energy Fossil Power Division. "We have manufacturing locations strategically positioned all over the world in order to best serve our customers with solutions that are delivered more quickly and cost efficiently."

Siemens Energy supplies the power systems that provide one-third of the nation's electricity, and through this expansion in Charlotte, Siemens will be able to continue bringing efficient and competitive power generation solutions to U.S. and Americas-based customers. Siemens employs nearly 10,000 people in the energy sector and 69,000 people overall in the U.S. covering the energy, healthcare and industry sectors.

The Siemens Energy Sector is the world's leading supplier of a complete spectrum of products, services and solutions for the generation, transmission and distribution of power and for the extraction, conversion and transport of oil and gas. In fiscal 2008 (ended September 30), the Energy Sector had revenues of approximately EUR22.6 billion and received new orders totaling approximately EUR33.4 billion and posted a profit of EUR1.4 billion. On September 30, 2008, the Energy Sector had a work force of approximately 83,500. Further information is available at: www.siemens.com/energy.

SOURCE Siemens Energy

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