Pittsburgh – 08 August 2014 - Siemens Rail Automation will expand engineering capabilities in Pittsburgh, a move that will create 129 new jobs in Allegheny County, Pennsylvania. The company has leased a site in Homestead, Allegheny County, in order to increase its engineering and production capabilities. Siemens will consolidate two locations in the Pittsburgh region to the site in Homestead. The company plans on investing more than $1 million at the new site and has also committed to creating at least 129 new jobs and retaining 93 more positions over the next three years through the expansion.
“We’re building a stronger Pennsylvania where companies – both large and small – are growing and creating new jobs,” said Governor Tom Corbett. “My administration is proud to support job creators like Siemens, a global company that is investing in Pennsylvania and creating good-paying, engineering and manufacturing jobs in the Pittsburgh region.”
The company received a funding proposal from the Department of Community and Economic Development including a $200,000 Pennsylvania First Program grant that facilitates investment and job creation, $129,000 in Job Creation Tax Credits and $58,050 which will be used for skills training for both new and incumbent employees. Siemens has accepted the funding proposal, but must still apply for each program and agree to the terms prior to award receipt.
The project was coordinated by the Governor’s Action Team, an experienced group of economic development professionals who report directly to the Governor and work with businesses that are considering locating or expanding in Pennsylvania. The Allegheny County Department of Economic Development also collaborated on this project.
Siemens Industries, Inc. is a division of Siemens AG. Siemens AG is a globally operating technology company with core activities in the fields of energy, healthcare, industry and infrastructure. Siemens AG business activities focus on four sectors including energy, healthcare, industry and infrastructure and cities.
Source: State of Pennsylvania