PETERBOROUGH- Siemens Canada has announced it will wind down manufacturing at its Peterborough factory leaving approximately 160 local residents out of work.
The manufacturing of Measurement Intelligence technologies currently located in Peterborough will move into an existing Siemens facility in Concord that manufactures the company’s RuggedCom portfolio of industrial grade communications equipment. The optimization and consolidation are estimated to impact approximately 160 manufacturing positions in Peterborough over the next two years.
Officials say the decision has been made to optimize and consolidate the manufacturing capacities of two Siemens factories within its Digital Industries business in Canada, currently located in Peterborough, Ontario and Concord, Ontario. The implementation of the measures will begin immediately and will be completed by September 2027.
To facilitate the production of Measurement Intelligence product lines being transferred to Concord, approximately 70 new manufacturing positions are estimated to be created. Siemens will continue manufacturing communication systems in Concord.
Siemens says these actions are necessary for its industrial automation business to become more competitive in a challenging market environment with increased competitive pressures. The optimization and consolidation help to position the Canadian operations for growth by allowing for more synergies across its local and global supply chains and enabling the organization to respond more quickly to customer and market demands.
“Siemens understands the impact this action has on employees and the local Peterborough community, and the company is dedicated to managing this process with transparency and respect. Siemens is committed to supporting employees who are affected and will implement a comprehensive support program to assist employees during this period of change. Siemens in Canada has been consistently growing over the past years, employing approximately 4,400 people and currently has approximately 100 open positions to be filled.” said the company in a press release.
The Measurement Intelligence business roles such as product management, and research and development teams, are planned to remain in Peterborough as part of a global business line team.
