Siemens to invest £35m in development at Lincoln

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Siemens

Engineering giant Siemens is to build a £35m Global Service Operations Centre at Teal Park in Lincoln.

This will enable the company to move its Small Gas Turbine parts and engine storage currently based at Freeman Road, Lincoln into a state-of-the-art 7,000 square metre facility.

Located next to Siemens’ existing Teal Park overhaul facility, the new Global Service Operations Centre will help to improve efficiency by having everything in close proximity such as spare parts, turbine engine units, tooling and safety equipment. It is planned that building will begin in May 2017 and be completed by January 2018, with around 40 employees and current activities moving to the new site by Spring 2018.

In addition to the new development, Siemens will also buy the original 11-acre Siemens’ Feilden House site on the Teal Park industrial estate. The total cost of investment in the new development and the purchase of the original site will be in the region of £35m.

The company says there are are no jobs at risk as a result of this investment, and no other Siemens sites including Main Works in Lincoln will be affected.