SOURCE: Industrial Info Resources

Industrial Info Resources

January 29, 2014 06:15 ET

Siemens Sees Uptick in Orders in Fiscal First-Quarter 2014, Despite Difficult Global Market, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Jan 29, 2014) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Leading global engineering and electronics company Siemens AG (Munich, Germany) saw a significant growth in orders in the first quarter of the company's fiscal year 2014. Although market conditions proved very challenging, including currency effects that constrained volume and income growth, the order backlog hit a record 102 billion euros ($139.31 billion) and the company benefited from major windfarm projects. Industrial Info is tracking about $100 billion in active projects involving Siemens.

Other companies featured: Tennessee Valley Authority (NYSE:TVC)

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and nine international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.

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