Siemens Canada renames transformer facility

    TROIS-RIVIERES, QC, June 14 /CNW/ - On the occasion of Ferranti-Packard
(Quebec) VA Tech's 50th anniversary in business, the company announced the
changing of its name to Siemens Transformers Canada. This announcement
represents a milestone in the company's positioning and market offering in
addition to making a stronger connection to the Siemens Canada organization.
    "Today's announcement marks a significant moment in our company's
history," said François Faisy, General Manager of the Trois-Rivières facility.
"Rapid growth and excellent performance by Siemens in the transformer market,
along with strong leadership in the industry has led to excellent
relationships with key customers in Ontario, Quebec and Atlantic Canada. We
are very proud of our accomplishments and our customers' success in Canada."
    Along with employees and key customers, also on hand to celebrate the
50th anniversary were company officials from Germany and Canada. "This
operation demonstrates our commitment to continued investment in Quebec," said
Marcus Horn, newly appointed Vice-President of Siemens Canada's Power
Transmission and Distribution division. "What is really important for us is to
be able to show our customers that we are a solid partner committed to
providing the best possible local technology, and that we are an integral part
of the community."
    The facility currently employs 85 people and produces pole mounted
transformers and special purpose transformers, up to 1,000 kVA. The
Trois-Rivières facility has the most advanced technology for the production of
single phase distribution transformers among all Siemens factories world-wide.
"This is truly a key element to our success in providing our customers with
the best-in-class solutions, keeping them on the leading-edge of power
transmission and distribution," said François Faisy. Production and output in
the facility has more than doubled during the past several years and
positioned Siemens well to assist with the growing demand to support the
Canadian marketplace.

    About Siemens in Canada

    Siemens is one of the largest and most diversified companies in the
world, providing innovations in areas such as automation and control, power,
transportation, medical, information and communications, and lighting. In
Canada, Siemens is headquartered in Mississauga, Ontario, with more than 7,500
employees located in 76 offices and seven major manufacturing facilities.
Sales for fiscal 2006 were $2.3 billion.

    The Siemens Power Transmission and Distribution Group (PTD),
headquartered in Erlangen, Germany, is one of the leading global players in
its market sector. As a product supplier, system integrator, solution designer
and service provider, Siemens PTD ensures - for utilities and industry alike -
the efficient and reliable transmission of electrical energy from the power
plant to the consumer. With a worldwide workforce of about 27,500 and
operations in nearly 90 countries, PTD had sales of 6.5 billion euros in
fiscal 2006 (ended September 30).

    This press release may contain forward-looking statements based on the
beliefs of Siemens Canada Limited management. The words "anticipate,"
"believe," "estimate," "forecast," "expect," "intend," "plan," "should," and
"project," are used to identify forward-looking statements. Such statements
reflect the company'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 many vary materially
from those projected here. Siemens Canada Limited does not intend or assume
any obligation to update these forward-looking statements.

For further information:

For further information: Siemens Canada Limited, Corporate
Communications, Media Relations, Mississauga, Ontario, Contact: DL Leslie,
Tel.: (905) 819-5926, Fax: (905) 819-5793, E-mail:

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