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Siemens kicks off supplier meetings for landmark Saudi manufacturing facility
 
 
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- Siemens expands its local supply chain in the Kingdom with support of Saudi Aramco and
Saudi Electricity Company
- Local suppliers to support construction of new landmark manufacturing, service facility
- Siemens committed to contributing to Saudi industrialization drive

Siemens, the global powerhouse in electronics and electrical engineering operating in the
energy, infrastructure, industry and healthcare sectors, today kicked off a two-day meeting
in Saudi Arabia aimed at developing a supply chain of local companies to support
construction of its planned landmark manufacturing and service facility in the kingdom, and
to contribute to the country’s ongoing industrialization.

The meeting, held in Al Khobar in Saudi Arabia’s Eastern Province, takes place in collaboration
with Saudi Aramco and Saudi Electricity Company. Siemens will cooperate closely with both
companies, drawing on their extensive local expertise, towards developing a chain of local
component suppliers and contractors for the Dammam Industrial City-based facility, where it will
manufacture gas turbines, compressors and heat recovery steam generators, and provide repair
and service works for the Saudi market. Suppliers selected for the project will be added to the
Siemens global supplier network in the future.

“This meeting is a testimonial to our continuous efforts to strengthen local content in our projects.
Working closely with our partners Saudi Aramco and Saudi Electricity Company in building a local
supplier chain network is part of our commitment to develop local expertise and human capital in
the Kingdom,” said Arja Talakar, CEO of Siemens in Saudi Arabia.

“Building up a domestic supplier network will enhance the mutual understanding of Siemens needs
and supplier capabilities, establish a local supplier network with identified strategic partners, and
boost Siemens innovation platform, while also identifying areas of future co-operation,” Mr. Talakar
added.

Siemens and its local partner E.A. Juffali and Brothers will invest jointly a three-digit million US
dollar figure in the facility, which will create qualified local jobs and serve as a technology hub for
knowledge transfer. Construction on the project is due to start in May 2012, with completion
scheduled for late 2013.

Posted on: Apr 25 2012


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CategoryDescription
Electronics
 
http://www.siemens.com
Country: Germany

Siemens AG (Berlin and Munich) is a global powerhouse in electronics and electrical engineering, operating in the industry, energy and healthcare sectors. For over 160 years, Siemens has stood for technical achievements, innovation, quality, reliability and internationality

The Siemens Industry Sector (Erlangen, Germany) is the worldwide leading supplier of environmentally friendly production, transportation, building and lighting technologies. With integrated automation technologies and comprehensive industry-specific solutions, Siemens increases the productivity, efficiency and flexibility of its customers in the fields of industry and infrastructure. The Sector consists of six divisions: Building Technologies, Drive Technologies, Industry Automation, Industry Solutions, Mobility and Osram. With around 204,000 employees worldwide (September 30), Siemens Industry achieved in fiscal year 2010 total sales of approximately €34.9 billion. http://www.siemens.com/industry

The Mobility Division (Berlin, Germany) is the internationally leading provider of transportation and logistics solutions. With its "Complete mobility" approach, the Division is focused on networking the various modes of transportation in order to ensure the efficient transport of people and goods. "Complete mobility" combines the company's competence in operations control systems for railways and traffic control systems for roadways together with solutions for airport logistics, postal automation, traction power supplies and rolling stock for mass transit, regional and mainline services, turnkey systems as well as forward-looking service concepts. With around 24,000 employees worldwide, Siemens Mobility posted sales of EUR6.5bn in fiscal year 2010 (ended September 30).


Siemens AG
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D-80333 Munich, Germany

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t : +971 4 390 1630
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