Siemens, Chromalloy form joint venture to open Tampa Bay manufacturing facility

Siemens and Chromalloy Gas Turbine Corporation have announced the grand opening of Advanced Airfoil Components, a joint venture between the two groups, the company said.

This partnership represents a capital investment of USD 139 million and will add 350 jobs for Floridians. Advanced Airfoil Components will hire workers for a range of skilled positions, including technical engineers, manufacturing technicians and production workers, as well as human resources, finance, procurement and logistics, and operations roles.

The Advanced Airfoil Components (AAC) casting facility is 210,000 square feet and will enable production of the entire range of blades and vanes for Siemens gas turbine fleet, including the newest 9000HL. The facility equipment build-out is being done in stages and will be completed over the next four years. The stand-alone manufacturing plant, which began construction last year, was established to exclusively supply Siemens with casting components for its gas turbines.

Siemens Corporation is a US subsidiary of Siemens AG, a global powerhouse focusing on the areas of electrification, automation and digitalization. One of the world´s largest producers of energy-efficient, resource-saving technologies, Siemens is a leading supplier of systems for power generation and transmission as well as medical diagnosis. With approximately 377,000 employees in 190 countries, Siemens reported worldwide revenue of USD 92.0 billion in fiscal 2017. Siemens in the USA reported revenue of USD 23.3 billion, including USD 5.0 billion in exports, and employs approximately 50,000 people throughout all 50 states and Puerto Rico.

Chromalloy has expanded from a gas turbine parts repair business into an OEM supplier of production parts and advanced repairs and services for gas turbines used in aviation and land-based applications. Chromalloy serves the airline, military, marine and energy segments with a broad range of services at locations around the globe. Chromalloy is authorized by the FAA and EASA and many other NAAs, and is qualified under ISO and NADCAP. Chromalloy is a subsidiary of Sequa Corporation.