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Siemens Strengthens Logistics Division
November 11, 2004 |Estimated reading time: 1 minute
Grand Rapids, Mich.—Siemens announces that it has finalized the integration of Siemens Dematic Corp. of Grand Rapids, Mich., Siemens Dematic Postal Automation L.P. of Arlington, Texas and Siemens Dematic Electronic Assembly Systems of Norcross, Ga. The combined organization is called Siemens Logistics and Assembly Systems Inc. (Siemens L&A), and will be better positioned to leverage synergies among other Siemens operating companies. The company expects this integration to benefit its customers through increased efficiencies, greater speed and more tailored solutions.
Siemens L&A is comprised of four distinct divisions to provide more integrated, cost-effective solutions across the supply chain, including:
*Airport Logistics: Airport baggage, cargo and security solutions.
*Distribution and Industry: Integrated material handling solutions for retail, wholesale, manufacturing, assembly and in-process operations.
*Electronics Assembly: SMT and pick-and-place technology for the electronics industry.
*Postal Automation: Letter, flats, and parcel mail sorting and handling solutions.
"Logistics automation is a strategic component of Siemens' industrial business. By merging these companies, we can more effectively leverage our strength as a global market leader to achieve greater economies of scale and innovation to improve our offerings to our customers," says Johann Loettner, president of the Logistics and Assembly Systems Group of Siemens AG. "The new organization enables us to fully recognize the synergies across businesses and turn innovations into integrated solutions that ultimately provide a competitive advantage for our customers.""As Siemens Logistics and Assembly Systems, our customers will continue to receive superior products, service and innovative solutions. We know that reliability, efficiency and speed need to be increased in every aspect of our customers' business to remain competitive," says Prashant Ranade, president and CEO of Siemens L&A. "Additionally, comprehensive customer service and support are important components of successful logistics and assembly operations. To that end, we have bundled our service activities globally to offer solutions that are flexible for the unique needs of each of the industries we serve, but also consistent and reliable in terms of quality and efficiency. Our goal is to offer our customers the right products and services to ensure the most efficient systems and greatest life cycle return."