Siemens expands dewatering solutions into mining market with acquisition

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Filter press from Industrial Process Machinery.

WARRENDALE, PA, Jan. 7, 2010 -- By acquiring the American company Industrial Process Machinery (IPM), Manchester, New Hampshire, Siemens is continuing to expand its dewatering solutions offering for industrial applications. As of December 31, 2009, IPM is part of Siemens Water Technologies, a Business Unit of the Siemens Industry Solutions Division. In the future, Siemens will offer IPM filter presses worldwide, mainly within the scope of its solutions offering for the mining industry. With more than 100 global installations, IPM provides high-capacity filter presses for slurry dewatering, primarily to the mining and process industries. The purchase price was not disclosed.

"IPM has a strong reputation in the mining market with their filter presses," said Dave Spyker, Executive Vice President of the Industrial Segment for Siemens Water Technologies. "The acquisition expands our filter press line of products and related services further into the global mining market, and into other industries as well, including chemical and remediation." IPM will continue to operate out of its office in Manchester, New Hampshire. Siemens is a leading supplier of integrated solutions for the mining industry. The portfolio ranges form excavation, transportation to beneficiation and secondary processes.

IPM provides a unique line of filter presses that are robust and highly automated, offering shorter filter press cycle times and high speed shifting, resulting in reduced cost. IPM filter presses provide such high cake dryness that thermal drying equipment may not be needed further, reducing operating expenses. With its innovative features, the IPM filter press will be incorporated into the existing Siemens dewatering product portfolio, which includes the J-Press line of filter presses.

About the Siemens Industry Sector
The Siemens Industry Sector (Erlangen, Germany) is the worldwide leading supplier of environmentally friendly production, transportation, building and lighting technologies. With integrated automation technologies and comprehensive industry-specific solutions, Siemens increases the productivity, efficiency and flexibility of its customers in the fields of industry and infrastructure. The Sector consists of six divisions: Building Technologies, Drive Technologies, Industry Automation, Industry Solutions, Mobility und Osram. With around 207,000 employees worldwide (September 30), Siemens Industry achieved in fiscal year 2009 total sales of approximately €35 billion.

About the Siemens Industry Solutions Division
The Siemens Industry Solutions Division (Erlangen, Germany) is one of the world's leading solution and service providers for industrial and infrastructure facilities comprising the business activities of Siemens VAI Metals Technologies, Water Technologies and Industrial Technologies. Activities include engineering and installation, operation and service for the entire life cycle. A wide-ranging portfolio of environmental solutions helps industrial companies to use energy, water and equipment efficiently, reduce emissions and comply with environmental guidelines. With around 31,000 employees worldwide (September 30), Siemens Industry Solutions posted sales of €6.8 billion in fiscal year 2009. Further information and downloads at: http://www.siemens.com/industry-solutions

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