Houston, Texas — According to state and local economic development sources Siemens plans to invest $12,000,000.00 to build out 20,000 square feet of new space in Houston. The company plans to occupy the new space at 10730 Telge Road in Houston, on or about September 1, 2022. According to the company website Siemens is a technology company focused on industry, infrastructure, mobility, and healthcare. Creating technologies for more resource-efficient factories and resilient supply chains to smarter buildings and grids, to cleaner, comfortable transportation and advanced healthcare, the company empowers customers to transform the industries that form the backbone of economies, transforming the everyday for billions of people. In fiscal 2020, which ended on September 30, 2020, the Siemens Group generated revenue of 57.1 Billion Euros and net income of 4.2 Billion Euros. As of September 30, 2020, the company had around 293,000 employees worldwide.

To learn more about Siemens, visit http://siemens.com/

Company Contact:
Joe Kaeser, Chief Executive Officer
joe.kaeser@siemens.com
https://www.linkedin.com/in/joe-kaeser/
800-743-6367

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