Purchase supports long-term growth strategy for Saskatchewan and Western
REGINA, Nov. 11, 2011 /CNW/ - Siemens Canada has officially announced its purchase of Regina-based,
electrical maintenance firm Prairie West Technical Services. The
acquisition helps to support Siemens' existing mining and oil & gas
customers in Saskatchewan and advances the company's technical
capabilities in the region. Prairie West is one of the largest
electrical service organizations in Canada, specializing in engineering
solutions for the utility, industrial, commercial and institutional
"This deal is a triple win for Siemens, our customers and for Prairie
West," says Michael Gross, Country Sector Lead, Industry Sector,
Siemens Canada. "It affirms our long-term commitment to the province of
Saskatchewan and provides a base to deliver Siemens' technical products
and services to local customers, as well as adding more than a dozen
skilled technicians to our Ontario team. It also allows Prairie West
the resources needed to enhance local market needs."
"Siemens Canada will maintain and grow the current Prairie West
workforce employed at locations in Regina and Saskatoon, Saskatchewan
and in Sudbury, Ontario. We feel the employees at Prairie West are the
greatest asset of the deal and we hold them in the highest regards,"
"Prairie West is a successful business with strong customer ties, and
we're confident that we'll continue to provide the highest standard and
continue to expand our service offerings as part of the Siemens
technology portfolio," says Lee Eady, Director of Operations, Prairie
West Technical Services.
As part of the deal, Siemens acquires Prairie West's state-of-the-art
Regina repair facility, the most modern and best equipped Electrical
Motor Service Shop in Saskatchewan. Siemens also plans to upgrade the
existing repair facility in Sudbury, Ontario to the same high-level of
Prairie West's areas of service include: on-site mechanical and
electrical services; solutions for rotating apparatuses; remove, repair
and replacement of electric motors; on-site repair & rewinding of large
motors and generators; warranty service; motor management programs;
new, surplus and refurbished motor sales; Predictive Diagnostic
Technologies, and a full range of crane services.
For more information about Siemens Canada please visit: www.siemens.ca
About Siemens in Canada
Siemens is one of the largest and most diversified companies in the
world of electronics and electrical engineering, operating in the
industry, energy, healthcare and infrastructure & cities sectors. The
company has approximately 5,000 employees in Canada, working to develop
and manufacture products, design and install complex systems and
projects, and tailor a wide range of solutions for individual
requirements. For almost 100 years in Canada, Siemens has stood for
technical achievements, innovation, quality and reliability. Sales for
Siemens in Canada for fiscal 2010 (ended September 30), were $2.3
billion CAD. Further information is available at www.siemens.ca.
This press release may contain forward-looking statements based on the
beliefs of the management of Siemens Canada Limited and its affiliates.
The words "anticipate," "believe," "estimate," "forecast," "expect,"
"intend," "plan," "should," and "project," are used to identify
forward-looking statements. Such statements reflect the management's
current views with respect to future events and are subject to risks
and uncertainties. Many factors could cause the actual results to be
materially different, among others, changes in general economic and
business conditions, changes in currency exchange rate and interest
rates, introduction of competing products, lack of acceptance of new
products or services and changes in business strategy. Actual results
may vary materially from those projected here. Siemens Canada Limited
and its affiliates do not intend or assume any obligation to update
these forward-looking statements.
SOURCE Siemens Canada Limited
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