# Siemens and Chromalloy form joint venture for turbine blade components

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.

- Type: Partnership
- Announced: 2017-05-09
- Where: southern United States (multiple states under consideration), United States
- Value: $130.0M
- Jobs: 350
- Status: announced
- Products: turbine blade and vane cast components
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Siemens](https://endata.com/companies/301.md) (partner)
- [Chromalloy Gas Turbine Corporation](https://endata.com/companies/1469.md) (partner)

## Sources

- [power-eng.com](https://www.power-eng.com/gas/siemens-forms-joint-venture-with-chromalloy/), 2017-05-09: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.