Siemens’ Industry Solutions (IS) Division announced the acquisition of Morgan Construction Co. of Worcester, Mass. Morgan, a leader in rolling-mill technology, designs and produces wire rod rolling-mill equipment for the international long-products industry. Morgan has designed and installed more than 450 rod, bar and billet mills in over 40 countries.
With the acquisition, Morgan would become a division company of Siemens Industry Solutions under the responsibility of the IS Business Unit VAI Metals Technologies, which is headquartered in Austria.
Siemens to Acquire Morgan Construction
January 4, 2008