MAJOR NEW AGREEMENT SEALS THE RELATIONSHIP BETWEEN JOHN CRANE AND SIEMENS

Phil Black - PII Editor 28/08/2008

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John Crane, part of the global technology business Smiths Group, has announced a major new supplier frame agreement with Siemens AG that is expected to secure business worth some EUR10 million over the next two years.

With the potential for future extensions, the deal provides for John Crane gas seal equipment to be supplied via Siemens to a range of turbo-machinery applications in the Middle East, Caspian, Asia Pacific and South American regions. It also includes the supply of aftermarket services.

John Crane has underlined its commitment to the agreement by developing a new standard gas seal product designed to meet Siemens specific operating parameters with the added benefit of service support from John Cranes unparalleled international network of customer support centres.

The agreement will also allow John Crane and Siemens to collaborate more closely than previously on the development of innovative new solutions to market requirements.

John Crane has also extended the scope of the offering it makes to Siemens to cover other areas of turbo-machinery equipment such as speciality engineered bearings and filters.

For more information contact John Crane EAA, Trafford Park, Manchester

Tel: (+44) (0)161 886 5993 Fax: (+44) (0)161 872 1654

E-mail: louise.palmer@johncrane.co.uk Web: http://www.johncrane.com