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September 26, 2012

Siemens Announces 3rd Contract In 2 Weeks

Siemens VAI Metals Technologies said it will supply a Chinese steelmaker with a wire rod mill that will help expand annual production by more than 30 percent.

The customer is Wiyuan Iron & Steel Co., located in Sichuan Province. The project is expected to start in the spring.

Siemens, which has a facility in Worcester, announced two contracts last week, both with other Chinese customers.

The company did not disclose the dollar values of the contracts.

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