# Siemens and Chromalloy form joint venture for turbine components

Siemens Power and Gas division and Chromalloy Gas Turbine Corporation formed a joint venture called Advanced Airfoil Components to produce turbine blades and vane cast components for power generation. They are investing approximately $139 million in a new production facility in Tampa, Florida.

- Type: Partnership
- Announced: 2018-02-22
- Where: Tampa, Florida, United States
- Value: $139.0M
- Status: announced
- Products: turbine blades, vane cast components for power generation
- 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

- [equipment-news.com](https://www.equipment-news.com/siemens-chromalloys-joint-venture-cast-components-power-generation/), 2018-02-22: "The joint venture’s scope focusses on turbine blades and vane cast components for power generation."

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