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Siemens and Chromalloy Gas Turbine Corp. formed a joint venture called Advanced Airfoil Components, with a $130 million combined investment, to produce turbine blade and vane cast components for power generation. The new facility will employ up to 350 people and is scheduled to begin operations in 2018.
“The joint venture, called Advanced Airfoil Components, will employ up to 350 new jobs in the United States, and consists of a $130 million combined investment.”power-eng.com
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