News Siemens Plant To Produce Mechanical Drives for Wind Turbines

Siemens Energy & Automation Inc. announced that it plans to invest more than US $20 million to develop a second plant in Elgin, Illinois for its Drives Technologies business. Siemens is the largest producer of wind turbine gear drives in the United States.

The new plant, expected to be completed in March 2009, will create approximately 300 new jobs in production and 55 new office jobs over the next three to four years. The State of Illinois and the City of Elgin provided a number of incentives to Siemens to help secure the investment including a Wind Energy Development Grant and Employer Training Investment Program job training funds.

“Siemens is committed to providing technologies that promote energy efficiency and reduce costs,” said Anne Cooney, vice president of the Power Conversion Division for Siemens Energy & Automation. “Combined with the expertise and product knowledge we have in Elgin, the new facility will enable Siemens to increase production of our mechanical drives to help our customers meet the growing demand for sustainable energy resources.”

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