Siemens VAI, CMI Announce Strategic Cooperation
June 11, 2012
Siemens Metals Technologies (VAI) and Cockerill Maintenance & Ingénierie (CMI) announced a global strategic cooperation agreement that enables both companies to take advantage of their respective organizations in order to render their offerings in the marketplace. The companies will extend their business models to offer complete, high-quality lines and mills for both stainless and electrical steel complexes. Siemens VAI offers mechanical equipment and the related mills in all major stainless and electrical steel markets. CMI offers leading process know-how in chemical and thermal processes related to this market segment.