Siemens dematic secures USD127mln contract from USPS
Siemens Diematic, the logistics technology division of engineering giant Siemens, said Tuesday it has won a $127 million (€113 million) contract to supply letter sorting technology to the US Postal Service (USPS).
The contract covers the supply of an automated tray handling system to complement the sorting machines already supplied by Diematic to USPS, Siemens said in a statement.
A total 350 such systems will be insllled at 137 mail centres across the US beginning October 2004, the statement said.
USPS had an option on a further 184 systems.
