Siemens enters into local manufacturing agreement with black industrialist firm

German electronics manufacturer Siemens has entered into a local manufacturing agreement with Cape Town-based black industrialist company Electro Inductive Industries (Eii). Through this partnership, Eii will benefit from internationally recognised skills and knowledge transfer, while Siemens will benefit from having its own branded transformers that are mainly locally manufactured. “The local transformer manufacturing industry will benefit significantly from this investment in bringing manufacturing technology and skill sets to South Africa, while the entire supply chain will also benefit from Siemens’ experience on global procurement and local subsupplier development,” Siemens South Africa head of transformers Ronnie Naidoo said.