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Continued Growth Fuels Siemens Third Expansion Into New Facility

16 December 1999

Continued Growth Fuels Siemens Third Expansion Into New Automation Alley Facility

    AUBURN HILLS, Mich., Dec. 16 -- Siemens Automotive engineers,
technicians and administrators soon will begin occupying a third Detroit area
facility in Troy, Mich., located in the heart of the Automation Alley
corridor.
    The new, three-story, 77,000-square-foot Troy building will be the third
expansion initiative by Siemens Automotive in the past two years.  Siemens
opened a 65,000-square-foot Dearborn campus in the fall of 1998, and recently
completed a 66,000-square-foot expansion of its North American headquarters in
Auburn Hills.
    The Troy facility will serve as an engineering and administrative office.
It presently is under construction in a new Troy office park located near the
intersection of Crooks and Long Lake Roads.
    "The increasing role of electronics in vehicles has been driving our
growth in the Motor City," said Dr. Franz Wressnigg, group president of
Siemens AG's worldwide Automotive Systems Group.  "We chose a site in the
heart of Automation Alley to be centrally located to our customers and to
attract the highly skilled workforce residing in this emerging high-tech
region," he said.
    The building will be completed in January of 2000, and will be targeted
for move-in by April.  The facility's total capacity will be approximately 250
people.  Siemens Automotive expects to reach the building's full capacity by
2001.
    Siemens Information & Business Communication Network (ICN), a sister
company of Siemens Automotive, will equip the building with advanced
telecommunications and business communications technologies for a seamless
link to the company's other local and global operations.
    Siemens Automotive will be the sole tenant in the new building under a
ten-year lease contract.
    Siemens Automotive is an operating unit of Siemens AG, the world's second
largest manufacturer of electronics capital goods.  Siemens Automotive is a
supplier of advanced electronic and electrical products and systems to
the worldwide automotive industry.  Siemens Automotive Sales in 1998/99 fiscal
year were $3.6 billion.  Company sales are projected to double through
internal growth by 2003.
    Siemens Automotive is a foundation member of the Oakland County Automation
Alley.  The Automation Alley initiative is designed to help expand area
awareness and cultivate high tech industry growth.