Business Journal: Siemens To Hire
Siemens, a company that builds light-rail cars, plans to hire 200 people in Sacramento early next year. The company is in the middle of a big expansion.
Permalink
(Sacramento, CA)
Friday, November 7, 2008
Blame it on the bad economy. Without the housing downturn, Siemens Transportation Systems wouldn’t have been able to buy 10 acres near its 13-acre plant in South Sacramento. Without the spike in gas prices, demand for light-rail cars might not have jumped in cities across North America. And if the U.S. dollar hadn’t sunk against the euro, the company wouldn’t have invested in transferring manufacturing from a factory in Austria to the Sacramento plant. The company is now in the middle of a $26 million expansion of its light-rail car assembly plant in Sacramento. It’s looking to fill 200 new jobs starting early next year. The plant began expanding in 2006 to meet $1 billion worth of orders in the pipeline. The company currently has a backlog of orders for seven cities.