MUNICH and BOSTON - In the companies' latest Alliance Board meeting, Bentley Systems and Siemens decided to further strengthen their strategic alliance. The two companies have decided to extend their existing agreement, to further develop their joint business cooperation and commercial initiatives. Therefore, the joint innovation investment program will be increased from the initial 50 million euros funding to 100 million euros.

RYE BROOK, N.Y. – Xylem, ABB and Siemens have been included on FORTUNE’s 2018 "Change the World" list, a ranking of 50 companies that have made a significant social impact through their core business strategy.

Xylem has been recognized for creating tangible social value through its innovative solutions that are helping to solve water challenges across the world.

For the past 17 years, the BPMA’s Pump Industry Awards have been recognizing the best performing companies, products and people for their achievements and positive contributions to this important industry sector. In 2018, the BPMA will again recognize those who strive for business, professional and engineering excellence. Eight awards are up for grabs at the 2018 event:

HOUSTON (October 9, 2017) - Paulo Ruiz Sternadt has been appointed CEO of the Dresser-Rand business, part of Siemens Power and Gas Division. He succeeds Judith Marks, who will leave the company at her own request.

Ruiz Sternadt brings to this position extensive leadership experience, including more than 16 years with Siemens in multiple global roles in the United States, Germany, Mexico and Brazil.

WASHINGTON, D.C. (May 9, 2017) -- Siemens and Chromally Gas Turbine Corporation this week announced a $130 million joint venture to manufacture turbine blades and vane cast components for power generation.

According to a Siemens release, the the new casting facility will operate under the company named of Advanced Airfoil Components. The venture is expected to create around 250 new jobs, with the first product shipment slated for 2018.

More than 30 industry leaders answered key questions about the pump marketplace in 2017. The Pumps & Systems editorial team selected excerpts from their responses to help you prepare for the new year.

ATLANTA (Jan. 23, 2017)—Siemens has launched SIschool, a training program to provide students with hands-on training in the field of low-voltage electrical engineering, according to a statement from the company.

Siemens will provide local distribution and technical schools with residential electrical equipment that allows students to practice advanced wiring skills and become familiar with the technologies used in today’s electrical engineering field.