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Siemens VDO Automotive
Siemens VDO Automotive Creates 55 Jobs In Newport News
-Governor Warner announces $2.6 million expansion-
RICHMOND - Governor Mark R. Warner today announced that Siemens VDO Automotive will expand its production facility in the City of Newport News. The expansion is a result of the consolidation and relocation of three business activities in Michigan, Indiana and Connecticut. The company will create 55 new jobs through an investment of $2.6 million.
“I am pleased to announce the expansion of this longstanding corporate citizen,” said Governor Warner. “Siemens VDO Automotive will create new job opportunities for the people of Newport News. Virginia's dedicated workforce and positive business climate paved the way.”
On January 1, 2002, Siemens Automotive Corp. and VDO North America merged to form Siemens VDO Automotive Corp. in the United States. Siemens VDO Automotive is a supplier of automotive electronic/electrical systems and components with applications covering gasoline and diesel powertrain systems, safety and chassis systems and body electronics. Worldwide sales reflecting partial fiscal year 2000/2001 totaled $5 billion. Additional information can be found on the company’s web site at www.usa.siemensvdo.com.
“Virginia has become home to many Siemens operations over the past decade,” said John Sanderson, president and CEO, Siemens VDO Automotive Corporation. “Virginia’s proud, talented workforce combined with the excellent quality of life it offers our employees continues to attract us to this region.”
The Virginia Economic Development Partnership managed the project while the Peninsula Alliance for Economic Development and the Newport News Department of Economic Development assisted Siemens VDO Automotive with its decision. The Virginia Department of Business Assistance will provide workforce training services.