Wärtsilä marine gear boxes to be produced by Siemens

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
103
Wärtsilä marine gear boxes to be produced by Siemens

Wärtsilä Corporation, Trade press release, 21 September 2017 at 10 am EEST

The technology group Wärtsilä and Flender (Siemens AG, Mechanical Drives) have reached an agreement regarding the contract manufacturing of Wärtsilä's marine gear box portfolio. With immediate effect, the assembly and testing of the gear boxes will be moved to the Siemens Mechanical Drives facilities in Voerde, Germany

By taking advantage of synergies with processes developed at the Siemens plant, the new arrangement will secure the quality and delivery punctuality of the Wärtsilä gear boxes, and will thus provide greater customer value. The design and technical specifications, as well as the delivery arrangements, project management, and interfacing with shipyards and owners will continue to be Wärtsilä's responsibility.

"We believe that we have found the best possible partner for ensuring that our gear box offering is of the expected quality, and for being able to serve our customers in an efficient, reliable, and on-time way. We wish to emphasise that it is only the production arrangements that are being revised; all the terms and conditions of our contracts with customers remain unchanged," says Arto Lehtinen, Vice President, Propulsion, Wärtsilä Marine Solutions.

"We are pleased to be cooperating with Wärtsilä in the production of their marine gear boxes. The products are excellent and they fit well with our manufacturing programme at this facility," says Felix Henseler, Executive Vice President, Applications, Siemens Mechanical Drives.

The gear box is a vital link between a ship's main propulsion engine and the controllable pitch propeller. Several configurations and sizes are offered according to the actual vessel requirements. Wärtsilä's gear boxes come in both single and two-speed variants, the latter being of particular benefit to enhance the performance of certain types of vessels.

Link to image Caption: Assembly and testing of Wärtsilä marine gear boxes will be moved to the Siemens Mechanical Drives facilities in Voerde, Germany.

Media contacts:

Mr Arto Lehtinen Vice President, Propulsion Wärtsilä Marine Solutions. Tel: +358 10 7095325 arto.lehtinen@wartsila.com

Ms Marit Holmlund-Sund Senior Manager Marketing, Communications, Marine Solutions Wärtsilä Corporation Tel: +358 40 538 3519 marit.holmlund-sund@wartsila.com

Wärtsilä in brief: Wärtsilä is a global leader in advanced technologies and complete lifecycle solutions for the marine and energy markets. By emphasising sustainable innovation and total efficiency, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers. In 2016, Wärtsilä's net sales totalled EUR 4.8 billion with approximately 18,000 employees. The company has operations in over 200 locations in more than 70 countries around the world. Wärtsilä is listed on Nasdaq Helsinki. www.wartsila.com

Siemens AG in brief (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 165 years. The company is active in more than 200 countries, focusing on the areas of electrification, automation and digitalization. One of the world's largest producers of energy-efficient, resource-saving technologies, Siemens is a leading supplier of efficient power generation and power transmission solutions and a pioneer in infrastructure solutions as well as automation, drive and software solutions for industry. The company is also a leading provider of medical imaging equipment - such as computed tomography and magnetic resonance imaging systems - and a leader in laboratory diagnostics as well as clinical IT. In fiscal 2016, which ended on September 30, 2016, Siemens generated revenue of €79.6 billion and net income of €5.6 billion. At the end of September 2016, the company had around 351,000 employees worldwide. Further information is available on the Internet at www.siemens.com . www.siemens.com

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Navigating AI's New Era: Dresner's 2026 Findings

Updated Category News Views 7

Big Insights in the AI World of 2026 Well folks, if there's one thing making waves in the boardrooms this year, it's AI. Dresner Advisory Services just threw down a gauntlet for companies with their fresh batch of reports focused on the dizzying world of AI. They ripped right into it, exploring how firms can bag a heap of benefits and deal with the hurdles that come with...

Continue Reading
Molex's VersaBeam Mini Pushes AI Data Center Limits

Updated Category News Views 3

Game-Changer for AI Data Centers? Across the tech landscape, space is a premium, and Molex's new VersaBeam Mini arrives like a hail Mary in the fourth quarter. In AI data centers, squeezing down every single component counts—especially when optical density's in play. What we're seeing here is a potential paradigm shift. A 3x density improvement from a tiny 3.5 x 9 mm...

Continue Reading
Nature-Based Solutions: The Economic And Community Impact

Updated Category News Views 8

Harnessing Nature to Boost Economies You ever stop to think about how nature itself might just be the best investment? Well, the Walton Family Foundation surely does, betting big on nature-based solutions. Their latest initiative, 'Human Nature,' is shedding light on how these solutions aren't just saving ecosystems — they're fortifying economies and enriching...

Continue Reading
Lavior and CR Fitness Team for Wellness Reach

Updated Category News Views 2

Botanical Care Meets Gym Life in the Southeast Lavior, the botanical whiz kids of wound and skin care out of Miami, are shaking hands with CR Fitness, Crunch's big-time franchise operator carrying the flag across the Southeast. They’ve ironed out a deal that’ll park Lavior’s products in more than 60 gyms covering Florida, Georgia, North Carolina, and Texas. It’s a...

Continue Reading
HNTB Expands in Capital Region: A Strategic Move

Updated Category News Views 2

Breaking New Ground in Arlington and Baltimore Deepening their stake in the Capital Region's future, HNTB has thrown open new office doors in Arlington, Virginia, and Baltimore, Maryland. We're not just talking fancy buildings, folks—this is about securing a piece of the infrastructure pie that's only going to get bigger and tastier. Infrastructure's the backbone of...

Continue Reading
Lawsuit Targets Electrical Consultants' Labor Practices

Updated Category News Views 4

Trouble Brews at Electrical Consultants, Inc. Right on the heels of a long workday, some employees of Electrical Consultants, Inc. seem to be getting a double whammy. The company is tangled up in a class action lawsuit lodged by the well-known Blumenthal Nordrehaug Bhowmik De Blouw LLP. This ain't your everyday grievance, folks; we're talking meal and rest period...

Continue Reading
Spencer Peterman Hosts Eco-Friendly Wood Bowl Sale

Updated Category News Views 4

Just when you think you've seen it all in the world of craftsmanship, along comes a dynamo like Spencer Peterman. For over 25 years, he's been turning what others discard into treasures. Fallen trees? Most folks see firewood. Spencer sees a future masterpiece. And now, he’s rolling out the welcome mat for his loyal customers with a special sale that runs until December...

Continue Reading
Annex Brands Grows with Bastrop's PostalAnnex Opening

Updated Category News Views 4

New PostalAnnex Location Opens in Bastrop, TX Here's a fresh chapter in the books for Annex Brands, Inc. They've just cut the ribbon on a brand spanking new PostalAnnex in Bastrop, Texas, handing the reins over to eager fresh faces, Chetan Modi and Karan Desai. And you know what? This ain't just any regular location. It's a one-stop-shop for anything you could need, from...

Continue Reading
Lititz Mutual Embraces AI with Guidewire ProNavigator

Updated Category News Views 6

It's not every day you see a company like Lititz Mutual making moves in the artificial intelligence (AI) arena. Based out of Lititz, Pennsylvania, this insurance firm has decided to shake things up with Guidewire's ProNavigator AI assistant. Forging New Paths in Insurance Lititz Mutual is set to inject some serious tech into their operations. The goal? Make life easier...

Continue Reading
Castillo Engineering Gears Up with New VP Appointments

Updated Category News Views 3

New Leadership to Drive Expansion In a boost to its commitment to scaling up, Castillo Engineering, based in Maitland, Florida, has roped in two veterans from the renewables sector as vice presidents. Aaron Carrillo and Devin Radovich, who share a history of successful collaboration at Renewable Energy Systems Americas (RES), are set to guide Castillo's growth in the...

Continue Reading

Top 5 Most Recently Viewed Articles

Gene Therapy Revolutionizing Healthcare: Projected Growth Insights

Updated Category News Views 83

Gene Therapy Market Growth Projections The global gene therapy market is experiencing significant advancements, driven by innovation in biotechnology and rising patient demands for effective treatments. This market was valued at approximately US$7.21 billion and is projected to grow at an impressive compound annual growth rate (CAGR) of 19.4%, reaching an estimated...

Continue Reading
Accuray Set to Announce Second Quarter Fiscal Results Soon

Updated Category News Views 80

Accuray's Upcoming Financial Announcement Accuray Incorporated (NASDAQ: ARAY) is gearing up to report its financial results for the second quarter of fiscal year 2026. This pivotal event will take place during a conference call with company management scheduled for February 4, 2026, at 1:30 p.m. PT/4:30 p.m. ET. Investors and stakeholders are eagerly anticipating insights...

Continue Reading
UBS Advocates for Increased Investment in Global Real Estate

Updated Category News Views 421

Why Consider Global Real Estate Investments? As the landscape of global finance evolves, UBS encourages investors to consider enhancing their exposure to direct global real estate. This strategy comes as a response to the improving conditions and lucrative opportunities emerging in the market. Current Market Trends and Projections In their latest insights, UBS has...

Continue Reading
22nd Century Group Elevates Its Market Position and Growth

Updated Category News Views 113

Significant Financial Progress by 22nd Century Group 22nd Century Group, Inc. (NASDAQ: XXII) has recently made headlines with its remarkable third quarter results. Marking the transition into a pivotal phase, the company has eliminated its debt and received a significant boost of $9.5 million from an insurance settlement. This financial turnaround is expected to fuel...

Continue Reading
Founders Metals Secures Strategic Investment and Financing

Updated Category News Views 82

Founders Metals Expands Financing and Investment Opportunities Founders Metals Inc. has announced an exciting new development that involves a financing deal and a strategic investment. This Canadian-based exploration company, focusing on the Antino Gold Project, has entered into an agreement with a syndicate of underwriters, primarily led by BMO Capital Markets, with the...

Continue Reading