Siemens announced on Wednesday, February 16, that it is ready to go ahead with the relocation of its industrial gas turbine service business.
The company plans to move its industrial gas turbine service business currently located at Firth Road and Olympic House, as well as its overhaul workshop from Ruston Works, to a new site in Lincoln.
Siemens is considering a number of locations, but has confirmed that its preferred site is at Teal Park, situated near Lincoln’s bypass.
Siemens is working with its current landlord, St Modwen, on this project to facilitate the move.
The project would consolidate the service activities into the new location, likely to consist of 4,500 sqm office area and a 7,300 sqm overhaul workshop.
The site will also have the capability to accommodate future expansion to both the office and workshop facilities.
Building works will commence in mid-2011 and the projected completion date is targeted for summer 2012.
Siemens’ service business employs around 540 people in Lincoln and is the global service product centre for small-scale (1.5-15 MW) industrial gas turbines.
The service business together with Siemens other operations in Lincoln have enjoyed a record year, with new orders worth more than £100 million.
Neil Corner, Director of Service at Siemens Lincoln said the proposed move will bring major benefits to the business.
“The new facility will bring together the majority of our service operations in Lincoln on to one site that will deliver clear business benefits, as well as create a world-class facility to deliver a first class service to our customers.”
Karl McCartney, Lincoln’s MP, said he is delighted that Siemens has decided to go ahead with the new site development in the Lincoln area.
“Siemens’ Service Business already employs circa 540 people in our City and I would hope that this new investment will lead to more jobs in our City and local area.”