The company designs power plants in Orlando and manufacturesthem at out-of-state sites. In a prepared statement, the companysays it has new equipment orders for $4 billion and a backlog of$8.8 billion from previous contracts.
Year-to-date sales are $2 billion. The Orlando division isSiemens AG's most profitable arm, company officials say.
This is the Siemens Westinghouse's largest expansion since theparent company, based in Berlin and Munich, paid $1.5 billion toPittsburgh-based Westinghouse Corp. in 1997 for its powergeneration sector. This division has been operating in Orlandosince 1981.
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