Jacob Lew Visits Siemens Manufacturing Facility In Georgia
2013-Mar-14
In his first trip since taking office, Treasury Secretary Jacob Lew (R) tours a Siemens' manufacturing plant and addresses the press alongside CEO Siemens Industry Sector North America Helmuth Ludwig on March 14, 2013 in Alpharetta, Georgia. This Siemens facility manufactures drive components for major American industries. While in Atlanta, the Secretary will also meet with local business leaders to discuss the president's proposals to make America a magnet for new jobs and manufacturing, accelerate economic growth, and reduce our deficits. "To have a strong and growing middle class, our economy needs companies like Siemens to continue to invest in cutting-edge research, produce innovative products in America for sale around the globe, and create thousands of high-skilled jobs across the country," said Secretary Lew.
Siemens operates 130 manufacturing sites in the country, touching each of the 50 states and employing nearly 60,000 workers across the United States."Siemens has invested $25 billion in the U.S. over the past 10 years and nearly $1 billion annually in research and development. Here in Alpharetta and across the country, we continue to invest in our people, our facilities and our communities to deliver the most efficient, productive and sustainable technologies for our customers," said Helmuth Ludwig, CEO of Siemens Industry Sector, North America. Siemens' GA 400 plant in Alpharetta employs 700 workers. It manufactures traction drives for the rail and mining industries, low voltage drives for the water, wastewater, paper and metals industries, and more than 100 different types of control panels.
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Reference Number: soaxx201307-03
