Schenectady County officials today praised the decision by Siemens PTI to consolidate its local operations in 30,000 square feet of new office space at 400 State Street in the center of downtown Schenectady.Susan E. Savage, Chair of the Schenectady County Legislature said, “Retaining Siemens PTI in Schenectady County is a major win for our economic development efforts. This company is a world class leader in so many technologies, and we are thrilled that the Siemens PTI headquarters will stay in Schenectady County.”
Mayor Brian U. Stratton said, “Siemens is a global powerhouse. To have this global company make a commitment to Schenectady is very important and helps to strengthen the key role that this community plays in bringing the best in power technology to utility companies around the world.”Michael Edmonds, vice president and general manager of Siemens PTI said, “For over 37 years, Siemens PTI has been a successful part of Schenectady\'s growing energy industry. Our consulting and training headquarters offers well-paying, knowledge-based jobs to the local workforce and helps to provide our nation\'s electric utility workforce with the skills and services required to maintain our critical infrastructure.”
Siemens has a160 year track record and employs 400,000 people around the world. The company is a leader in electronics and electrical engineering and plays a major role in industry, energy and health care sectors of the global economy.Siemens Power Transmission & Distribution, Inc. owns and operates Siemens Power Technologies International (PTI). Headquartered in Schenectady, Siemens PTI provides software, training and consulting services to utility companies. The company helps to train engineers to maintain and operate power plants and power transmission and distribution systems and operates the well-known and respected Siemens Power Academy. Siemens PTI has 55 employees in Schenectady. The company brings about 1,000 students per year to Schenectady for training in the latest developments in energy technology.
Siemens also operates satellite training facilities in Houston; Denver; Wendell, North Carolina and Jackson, Mississippi. Siemens PTI considered numerous locations in the Capital Region before selecting 400 State Street. The company plans to consolidate several local offices to the new location by the end of this year.\"We have deep roots in Schenectady, and we\'re delighted to make this positive statement about the downtown area by remaining part of the community,\" said Dave Pacyna, president & CEO of Siemens Power Transmission & Distribution, Inc. and an alumnus of Schenectady\'s Union College. Employees and guests of Siemens PTI will utilize the Metroplex Parking Garage on Broadway. 400 State Street is owned and managed by the Galesi Group, the Capital Region’s largest private developer. The building located a the corner of State and Broadway houses the popular Bowtie Cinema on the first floor with 30,000 square feet of Class A office space on the top two floors. The building opened in May of 2007.