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The expansion of the Fusesaver facility is expected to nearly quadruple Siemens' manufacturing footprint and increase exports by more than AU$300mn in the same period.
German technology company Siemens is set to expand its Fusesaver manufacturing facility in Queensland, Australia, with plans to move to larger premises.
With growing demand for the locally developed energy network technology cited as a reason, the expansion will increase the facility’s footprint from 1,400sqm to 5,500sqm, nearly quadrupling its manufacturing space. Siemens said the move is expected to double the workforce and increase exports by more than AU$300mn over the next decade.
Fusesaver is a medium-voltage vacuum circuit-breaker designed to clear faults in 10 milliseconds. The technology is used on rural electricity networks to reduce the risk of bushfires caused by fallen power lines and improve network reliability.
In addition to the growth of Fusesaver, the investment will also continue to support manufacturing of the Compact Modular Recloser, another local product designed and developed at the current facility and exported worldwide.
Speaking at the launch event, Queensland’s Minister for Finance, Trade, Employment and Training, Ros Bates, said the expansion would support local jobs, exports and advanced manufacturing capability.
"Queensland is open for business, and this investment reinforces the State’s position as a leader in advanced manufacturing and innovation," she said.
"It demonstrates the strong outcomes that can be achieved when global companies invest in local capability, creating jobs, strengthening exports and delivering economic benefits for our state," she added.
Siemens Australia and New Zealand CEO Peter Halliday also commented on the move, noting that the facility expansion reflected the company’s long-term commitment to innovation and sustainability.
At the same time, Dr Brett Watson, one of the co-founders of Fusesaver and the head of Siemens’ electrification and automation business in the region said that the expansion comes at an appropriate time, when the demand through the years has accelerated as "utilities worldwide prioritise network resilience, bushfire risk mitigation and the integration of renewable energy sources."
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Lead image / Siemens
(From l-R: Peter Halliday, CEO of Siemens Australia and New Zealand, Hon Ros Bates, Minister for Finance, Trade, Employment and Training, and Dr Brett Watson, Head of Electrification & Automation at Siemens Australia and New Zealand)
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