SIEMENS WATER TECHNOLOGIES USES USFILTER AS PLATFORM TO PURSUE GROWTH IN GLOBAL WATER MARKET

摘要

Building on the USFilter platform and beginning with its strongest presence in the United States, Siemens Water Technologies (Pittsburgh, Penn.; www.siemens.com/ water) identifies its key strategic initiative as penetration of the global water treatment market through growth in those markets that are expanding faster than both the national economies and the water industry's own growth rate. Estimating a global water treatment market of about $400 billion, the company is confident in its ability to achieve these goals, despite the entry of other major new players like General Electric and ITT Industries, according to Roger Radke, Siemens Water Technologies CEO.