On December 7, 2009, Siemens Industrial Automation & Drive Technology Group (IA&DT) held a grand celebration for the 15th anniversary of Suzhou Siemens Electrical Appliances Co., LTD. (SEAL). Founded in 1994, SEAL is one of the earliest operating companies of Siemens in China. Over the past 15 years, SEAL's business has grown and expanded rapidly. At present, the company has a complete low-voltage product line and more than 1500 employees. At the same time, SEAL already has a research and develo
On December 7, 2009, Siemens Industrial Automation & Drive Technology Group (IA&DT) held a grand celebration for the 15th anniversary of Suzhou Siemens Electrical Appliances Co., LTD. (SEAL). Founded in 1994, SEAL is one of the earliest operating companies of Siemens in China. Over the past 15 years, SEAL's business has grown and expanded rapidly. At present, the company has a complete low-voltage product line and more than 1500 employees. At the same time, SEAL already has a research and development center for the development of low-voltage products, thus becoming the manufacturing and research and development center for IA&DT's low-voltage business in China.
Anton Huber, CEO of Industrial Automation Group, Siemens Industrial Business Area, said: "China is one of the most important markets for Siemens Industrial Automation worldwide. We are committed to the Chinese market for a long time, and we continue to invest here even in the face of the challenges of the current economic crisis. This significant investment in the SEAL Research and Development Center demonstrates our commitment to the Chinese market and our customers and partners."
SEAL was established in June 1994 as a joint venture between Siemens (China) Co., Ltd. and the then Suzhou Machine Tool Electric Plant, and in 2001 SEAL was transformed into a wholly foreign-owned enterprise controlled by Siemens. The acquisitions of Beijing Siemens Electric Co., Ltd. in 2002 and Shanghai Ergong Electric Co., Ltd. in 2008 further enhanced SEAL's competitiveness in various low-voltage market segments.
SEAL covers a total area of about 87,000 square meters, construction area of 39,000 square meters, including production plant area of 18,000 square meters, is the control products and systems engineering business unit of Siemens Industrial Automation Group, the world's second largest operating company. With outstanding performance and high quality products, SEAL has been named a star factory of Siemens Industrial Automation Group worldwide. Even in the context of the global economic crisis, SEAL still achieved excellent results in the fiscal year that ended on September 30, with annual sales revenue exceeding 1 billion yuan for the first time. At present, SEAL has invested 200 million yuan in the new research and development building which was used just last year.
Suzhou municipal government leaders, including Vice Mayor Qiu Lixin, Siemens customers and partners, as well as Siemens senior management from the German headquarters and more than 1,000 SEAL employees participated in the celebration.
Mr. Shi Mingde, Senior Vice President of IA&DT, Siemens (China) Co., LTD., said: "The path that SEAL has traveled can be seen as a microcosm of IA&DT China. By continuously expanding our business, we do our best to help our customers increase productivity, operational efficiency and flexibility, while reducing costs. That's what we've been working towards."
Siemens has many operations in Jiangsu. At present, Siemens has 7 sales offices and 19 operating companies in Jiangsu.
