Siemon Company plans to open Japan office

Jan. 20, 2003
Jan. 20, 2003 - Move is first part of global expansion plan.

The Siemon Company is expanding its global reach with plans to open an office in Japan this year.

The opening of the Japan office is the company's first step in an expansive plan to further increase the cable manufacturer's global operations.

"By 2006, analysts predict that the global structured cabling market will be approaching $6 billion," says President Carl N. Siemon. "Nearly two-thirds of that spending will be outside the US. Our plans are to position ourselves to capture our share of this business."

Siemon says the company has more than 500,000 square feet of highly automated, vertically integrated manufacturing capacity at its Watertown, Conn. location. The company now has operations spread throughout the globe, including the US, Canada, Mexico, South America, the United Kingdom, China, Australia, and Southeast Asia. In 2002, the company expanded its presence to Italy, Germany, France,
India and Korea.

Siemon says the Japan office will represent a positive step for the company, and will take place in a down economy when many companies are pulling in the reigns.

"My great grandfather established this business in 1903, and over the past century the company has seen tremendous growth. It is with utmost confidence in our people, products and services that we now set our sights on global presence in the next century," says Siemon.

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