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Siemens to Acquire Morgan Construction Company

西門子公司收購Morgan建筑公司

Linz, Jan 2, 2008 -- The Siemens Division Industry Solutions (IS) strengthens its position in metals technologies with the acquisition of Morgan Construction Co., Worcester, MA, U.S.A., a designer and producer of high-quality rolling-mill products and services for the metals industry worldwide. In 2006, Morgan reported sales of 180 Mio USD and employed around 1,100 people in the U.S.A., China, India, the United Kingdom, and in Brazil. Siemens intends to take over 100% of the Morgan Construction shares. All parties have agreed not to disclose the purchase price. The transaction is conditional upon the approval of the relevant authorities.

林茨1月2日消息—通過收購位于美國馬薩諸塞州Worcester的Morgan建筑公司，一家面向全球冶金工業提供優質軋機產品和服務的設計及制造商，西門子工業解決方案部(IS)將進一步鞏固其在冶金技術領域的地位。在2006年，Morgan報告的銷售額為1.8億美元，在美國、中國、印度、英國和巴西各地大約有1,100名員工。西門子將收購Morgan建筑公司的100%股份，所有各方同意不披露收購價格。該交易正等待相關部門的批準。

Morgan Construction Company is acknowledged as a leader in rolling mill technology. Founded in 1888, Morgan Construction Company is worldwide supplier of wire rod rolling-mill equipment for the long-products industry today. Morgan has designed and installed more than 450 rod, bar, and billet mills in over 40 countries worldwide, setting benchmarks as a designer, manufacturer and service provider of high-speed rod, bar, combination mills and handling equipment for the steel and non-ferrous industries. The technology includes the patented Reducing/Sizing Mill, which enables products to be rolled faster, with closer tolerances and at lower costs.

Morgan建筑公司是一家在軋機技術領域公認的領導企業。Morgan建筑公司成立于1888年，如今已發展成為長材行業線材軋機設備的世界級供應商，在世界40多個國家設計并安裝了超過450套的線材、棒材和鋼坯軋機。作為一家鋼鐵和有色金屬工業高速線材軋機、棒材軋機、聯合軋機和處理設備的設計商、制造商和服務供應商，Morgan建筑公司取得了良好的業績。該技術包括減/定徑機專利技術，這能夠以更快的速度、更嚴格的公差和更低的成本生產出軋材。

"With the acquisition of Morgan Construction we combine its competence in the sector of rolling mill equipment with our know-how in industrial automation,” said Dr. Richard Pfeiffer, CEO Siemens VAI Metal Technologies. “This step underscores our position as a trendsetter in rolling and processing solutions. We will improve our capabilities to offer integrated solutions by increasing the degree of standardization."

西門子VAI冶金技術公司首席執行官Richard Pfeiffer博士表示：“通過收購Morgan建筑公司，我們將其在軋機設備領域的雄厚實力同我們的工業自動化訣竅結合在一起。這一步加強了我們作為軋機和處理解決方案引領者的地位。通過進一步提高標準化程度，我們將會提升提供綜合性解決方案的實力。”

Philip R. Morgan, President and CEO of Morgan, said: “The fit between our two companies is remarkably good. Morgan Construction is the acknowledged leader in the design and manufacture of wire rod mills and Siemens Metals Technologies has a very strong bar mill group. There are true synergies between the two companies, which strengthen the position of both in the flat product rolling mill area.” With Siemens, Morgan has access to the Siemens´ resources worldwide, which improves Morgan´s global market presence. “This will assure long-term stability for our manufacturing facilities and employees,” Morgan said.

Morgan公司的總裁兼首席執行官Philip R. Morgan表示：“我們兩家公司具有很高的契合度。Morgan建筑公司是線材軋機設計和制造的公認領先企業，而西門子冶金技術公司具有很強的棒材軋機實力。兩家公司之間真正是優勢互補，這將加強雙方在扁平材軋機技術領域的地位。加入西門子后，Morgan可以充分利用西門子的全球資源，有利于提高Morgan在國際市場的占有率。這將確保我們的制造廠和員工保持長期的穩定。”

Morgan Construction will be a division company of Siemens Industry Solutions under the responsibility of the IS Business Unit VAI Metals Technologies, headquartered in Linz/Austria.

Morgan建筑公司將被納入西門子工業解決方案業務部門，屬于總部位于奧地利林茨的VAI冶金技術公司IS業務部旗下。

Siemens VAI Metals Technologies (MT) is one of the world's leading engineering and plant-building companies for the iron and steel industry as well as for the flat-rolling sector of the aluminum industry and for open-cast mining. MT, which was created from the integration of Voest-Alpine Industrieanlagenbau, Linz/Austria, plus the electrical engineering product business and automation solutions of Siemens, provides a comprehensive range of supplies and services for all related technological processes and integrated automation solutions for the entire life-cycle of metallurgical plants.

西門子VAI冶金技術公司(MT)是鋼鐵行業、鋁扁平材軋制領域以及露天采礦領域一家全球領先的工程設計和工廠建造公司之一。MT由奧地利林茨VAI工程技術公司加上西門子的電氣工程產品業務和自動化解決方案業務合并組成，為冶金工廠全程所有相關的技術流程和綜合自動化解決方案提供一整范圍的支持和服務。

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