Siemens and Chromalloy form casting joint venture Advanced Airfoil Components

Siemens and Chromalloy Gas Turbine Corporation have formed a joint venture called Advanced Airfoil Components to produce turbine blade and vane cast components for power generation. The partners are investing approximately USD 130 million to create a new production facility in the United States, creating up to 350 jobs.

“The decision to form a joint venture and a new production facility continues our strong commitment to the US as a business location.”press.siemens.com

• 2 sources
• press.siemens.comSiemens and Chromalloy form casting joint venture | Press | Company | SiemensMay 9, 2017
• scandoil.comSiemens and Chromalloy Form Casting Joint Venture (Scandinavian Oil-Gas Magazine)May 10, 2017

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