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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Siemens and Chromalloy form joint venture for turbine blade cast components · Endata

◂ Announcements

May 9, 2017PARTNERSHIPmultiple Southern states under evaluation, United States

Siemens and Chromalloy form joint venture for turbine blade cast components

Siemens and Chromalloy Gas Turbine Corp. formed a joint venture, Advanced Airfoil Components, to supply Siemens with turbine blade and vane cast components for power generation, with a combined investment of approximately $130 million and up to 350 new jobs in the US. A new facility is planned, with groundbreaking later in 2017 and completion in fall 2018.

Value

$130.0M

Jobs

350

Status

Announced

Productsturbine blade and vane cast components

CompaniesSiemens partner Chromalloy Gas Turbine Corporation partner

Sectors#Power Generation Equipment

“Siemens and Chromalloy Gas Turbine Corp. have entered a partnership to form a new joint venture called Advanced Airfoil Components that will supply Siemens with turbine blade and vane cast components for power generation.”powerprogress.com

1 source
powerprogress.comSiemens, Chromalloy Partner On Blade, Vane Cast Components - Power ProgressJack BurkeMay 9, 2017

Summarized from public sources; check the original articles before acting on it.

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