Voith Hydro Overhauls Legendary Canadian Power Plant

MONTRÉAL, QUEBEC--(Marketwire - April 18, 2011) -

Attention: News editors, business reporters:

Voith Hydro Canada has won a contract to supply parts for the DeCew Falls 1 project. Operator Ontario Power Generation is overhauling the plant that has been supplying electricity to the grid for more than a century. Voith will supply the turbine runner, shaft, and wicket gates of Unit #8. The overhaul will be complete in early 2012.

"Refurbishing DeCew Falls means restoring valuable capacities for electricity generation from renewable energy sources for the 21^st century. Service and refurbishment are a fundamental part of our portfolio and in strong demand by power plant operators. In times of rising energy demand, we can make a significant contribution to the security of supply by refurbishing plants", says Dr. Roland Muench, CEO of Voith Hydro Holding.

"This project further illustrates Voith Hydro's commitment in ensuring the sustainable future of hydropower in Canada. Our focus has always been on providing our customer optimal solutions for their current and future hydro assets. We are especially proud of this project since it represents a historical and monumental testament to Voith's longstanding commitment to the hydro industry,' added Mr. Denys Turcotte, President and CEO for Voith Hydro Canada.

Amongst the first turbines Voith supplied to North America

Voith also had been the original equipment supplier for DeCew Falls 1. Early in the 20^th century, the owner, Hamilton Cataract Power Company, ordered four turbine units in Heidenheim for the plant located in direct vicinity to the Niagara Falls. With delivery from 1904 to 1912, these units were amongst the first ones Voith supplied to North America.

Voith Hydro is a Group Division of Voith and - with a workforce of currently almost 5,200 employees and an order intake of around 970 million Euros in the business year 2009/2010 – belongs to the world-wide leading companies for hydro power equipment.

Voith Hydro Canada, headquartered in Brossard, Quebec has capability to provide water to wire support for the Canadian hydro market for new and existing hydpower stations. Voith Hydro's Canadian operations are home to the Global Center of Excellence for Generator Coils located in Mississauga, Ontario.

Voith sets standards in the energy, oil & gas, paper, raw materials and transportation & automotive markets. Founded in 1867, Voith employs almost 40,000 people, more than 250 in Canada, and generates 5.2 billions Euros in sales. Operating in about 50 countries around the world, Voith is one of Europe's largest family-owned companies.