WesTech Engineering to Purchase Conventional Water Treatment Business from Siemens |
Siemens Water Technologies
181 Thorn Hill Rd.
Warrendale, PA, 15086
USA
Press release date: August 21, 2012
Siemens Industry Automation Division announced today that it has signed an agreement with WesTech Engineering, Inc. to sell the conventional water treatment business that includes the Microfloc and General Filter product portfolios. Headquartered in Salt Lake City, Utah, USA, WesTech engineers and manufactures process equipment and working solutions for water, wastewater and industrial applications. The purchase price was not disclosed.
The agreement includes all active projects, associated assets and liabilities, inventory, and associated patents and trademarks, as well as the facility in Ames, Iowa, USA. Sixty-two active employees dedicated to this business will transition to WesTech.
"The Microfloc and General Filter product lines are solid businesses with excellent employees, a rich history, and strong brand recognition," says Dr. Lukas Loeffler, CEO Water Technologies, Siemens Industry Automation Division. "But these products are not a fit with our focus on portfolio differentiation, which is a key driver of our business overall."
As with the recent divestiture of several of its disinfection product lines, this latest sale reflects Siemens Water Technologies' ongoing assessment of its portfolio, processes and operations and alignment of its municipal strategy with long-term business objectives.
"General Filter and Microfloc are both well-respected water treatment product portfolios and represent an important strategic acquisition for WesTech," says Rex Plaizier, WesTech President. "They have extensive installations throughout the United States, and their product lines complement WesTech's own in a way that provides municipalities with the most comprehensive solution to their water treatment needs."
Founded in 1973, WesTech Engineering, Inc. is an employee-owned company that specializes in the design and manufacture of process equipment for municipal water and wastewater treatment as well as industrial and minerals processing. The company now has more than 500 employees with offices in the United States, Brazil, China, India and South Africa.
Further information about solutions for water treatment is available at: www.siemens.com/water
Media Contact
Siemens - USA
Ms. Allison Britt
Corporate Communications
Siemens Industry, Inc.
Water Technologies Business Unit
2501 N. Barrington Rd.
Hoffman Estates, IL 60192, USA
Phone: +1 (847) 713-8477
E-mail: allison.britt@siemens.com
The Siemens Industry Sector (Erlangen, Germany) is the world's leading supplier of innovative and environmentally friendly products and solutions for industrial customers. With end-to-end automation technology and industrial software, solid vertical-market expertise, and technology-based services, the Sector enhances its customers' productivity, efficiency, and flexibility. With a global workforce of more than 100,000 employees, the Industry Sector comprises the Divisions Industry Automation, Drive Technologies and Customer Services as well as the Business Unit Metals Technologies. For more information, visit www.siemens.com/industry
The Siemens Industry Automation Division (Nuremberg, Germany) supports the entire value chain of its industrial customers - from product design to production and services - with an unmatched combination of automation technology, industrial control technology, and industrial software. With its software solutions, the Division can shorten the time-to-market of new products by up to 50 percent. Industry Automation comprises five Business Units: Industrial Automation Systems, Control Components and Systems Engineering, Sensors and Communications, Siemens PLM Software, and Water Technologies. For more information, visit www.siemens.com/industryautomation
Siemens AG
Corporate Communications and Government Affairs
Wittelsbacherplatz 2
80333 Munich, Germany
Media Relations: Gerhard Stauss
Telephone: +49 (911) 895-7945
E-mail: gerhard.stauss@siemens.com
Siemens AG
Industry Sector - Industry Automation Division
Gleiwitzerstr. 555, 90475 Nuremberg, Germany
|
|
|
|
|
|
