There were fears the company might leave Lincolnshire
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Engineering firm Siemens has revealed plans to build a new �40m factory in Lincolnshire.
The new plant will be based on Teal Park next to the A46 in North Hykeham. The firm's Ruston works in Lincoln city centre will also stay open.
It could safeguard hundreds of jobs and ends months of speculation that the gas turbine company could quit the county.
The firm's Lincoln managing director Nick Muntz said the quality of the staff was a major factor.
Siemens currently employs about 2,000 people in Lincoln and is one of the area's largest private sector employers.
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