{"id":83949,"date":"2024-03-03T00:00:00","date_gmt":"2024-03-03T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2024\/03\/03\/siemens-inaugurates-electric-equipment-factory-in-jeddah\/"},"modified":"2024-03-03T00:00:00","modified_gmt":"2024-03-03T00:00:00","slug":"siemens-inaugurates-electric-equipment-factory-in-jeddah","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2024\/03\/03\/siemens-inaugurates-electric-equipment-factory-in-jeddah\/","title":{"rendered":"Siemens inaugurates electric equipment factory in Jeddah"},"content":{"rendered":"

Siemens opened its new electrical <\/strong>equipment factory in Jeddah<\/strong> in partnership with Arabia Electric Equipment, Arab News<\/a> reported last week. The factory spans 6k sqm and boasts a 120-person workforce.<\/p>\n

The plant produces substation <\/strong>automation systems, communication and protection panels<\/strong>, as well as other products for the utility, oil and gas, infrastructure, and petrochemical industries. The facility will have an annual production capacity of 8k electrical panels and circuit breakers annually, Al Eqtisadiah<\/a> reported, citing statements by Siemens CEO Ahmed Hawsawi said.<\/p>\n

Hawsawi said the facility is designed to meet growing <\/strong>demand for energy solutions<\/strong>, adding that the facility will direct its output to the local market before exporting to neighboring countries in the future.<\/p>\n

\n

IN OTHER MANUFACTURING NEWS-<\/p>\n

#1- Al Kathiri Holding has broken ground on a SAR 20 mn luxury yachts<\/strong> plant<\/strong> in the third industrial city in Jeddah through its subsidiary The Luxury Yacht of Industry, it said in a disclosure to Tadawul<\/a>. The factory is expected to reach a maximum production capacity of 150 units by 4Q 2025, with commercial production slated for 2Q 2025. The company will self finance the project.<\/p>\n

#2- Eastern Province Cement Company has contracted China\u2019s Sinoma CDI for <\/strong>the construction of a replacement production line<\/strong> under a SAR 270.5 mn, 26-month agreement, it said in a regulatory filing to Tadawul<\/a>. The line is expected to have a production <\/p>\n

#3- Nomu-listed <\/strong>Saudi Lime Industries expects its production costs to surge <\/strong>11% <\/strong>on the back of Aramco\u2019s fuel hikes, it said in a disclosure to Tadawul<\/a> last week. The limestone supplier said it would \u201cexplore ways to reduce the financial impact\u201d from the hikes.capacity of 10k tons per day.<\/p>\n","protected":false},"excerpt":{"rendered":"

PLUS: News from Al Kathiri Holding, Eastern Province Cement and Lime Industries<\/p>\n","protected":false},"author":1,"featured_media":83950,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2716],"tags":[1304,10,392,850,1303],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-83949","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-manufacturing","tag-arabia-electric","tag-enterpriseam-ksa","tag-manufacturing","tag-ministry-of-industry-and-mineral-resources","tag-siemens","wpautop","entry"],"acf":{"mongo_id":"c047eddd-a939-4743-9e66-3cb3e2cf024a","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/3\/41.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Siemens inaugurates electric equipment factory in Jeddah","related_issue":[83940],"teaser":"PLUS: News from Al Kathiri Holding, Eastern Province Cement and Lime Industries","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/3\/.d84ffe0b-8977-4961-bdab-da094a3f6aaf.mp3"},"yoast_head":"\nSiemens inaugurates electric equipment factory in Jeddah - 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