institutional access

You are connecting from
Lake Geneva Public Library,
please login or register to take advantage of your institution's Ground News Plan.

Published loading...Updated

Siemens to ‘Wind Down’ Manufacturing at Peterborough Plant

  • Siemens Canada plans to gradually cease manufacturing at its Peterborough site and shift production of Measurement Intelligence technologies to its Concord facility by September 2027.
  • This consolidation responds to global strategy goals to enhance industrial automation competitiveness amid market pressures and adjust capacity.
  • The move will affect approximately 160 manufacturing jobs in Peterborough while creating about 70 new positions at Concord, which will continue to produce communication systems.
  • Siemens stated it will maintain business continuity during the two-year transition and retain product management and research roles in Peterborough as part of its global team.
  • Siemens commits to supporting affected employees with a comprehensive program while aiming to improve operational efficiency and market responsiveness in Canada.
Insights by Ground AI
Does this summary seem wrong?

13 Articles

All
Left
1
Center
6
Right
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 86% of the sources are Center
86% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Electrical Business broke the news in on Wednesday, June 25, 2025.
Sources are mostly out of (0)

Similar News Topics