Siemens Invests $218 Million in German Offshore Wind Factory

GALWAY, IRELAND--August 10, 2015--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland) German engineering giant Siemens AG (NYSE:SI) (Munich, Germany) is so convinced by the country's offshore wind ambitions that it has announced plans to build a 200 million-euro ($218 million) offshore wind turbine factory in Cuxhaven.