Siemens turbine production

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03/11/2010

11 March 2010-- Siemens is planning to build a 60 Hz gas turbine production plant at its existing facility in Charlotte to provide manufacturing and servicing functions for the supply of its gas and steam turbines and generators to 60 Hz markets globally. The initial investment will be $135 million and production is expected to start in the fall of 2011.

All Siemens gas turbines for 60 Hz markets, such as North and South America, Saudi Arabia, South Korea, the Philippines and Japan, will be produced in Charlotte. The 60 Hz site in Canada will be phased out.

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