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Siemens Energy assumes full ownership of Advanced Airfoil
Components, announces roadmap to add 100 export-oriented U.S. manufacturing
jobs
The Gibsonton, Florida facility demonstrates
Siemens Energy’s commitment to investing in U.S.-based manufacturing and
servicing of components for advanced energy projects, for worldwide export. The company has invested over $100 million
into the facility so far.
Wage increases already implemented for existing
workforce
Growth plan includes hiring roughly 100 employees
in the next two years
Ownership of AAC will help secure the company’s
supply chain in the U.S., with essential turbine parts composed of advanced
materials and requiring advanced manufacturing processes
Siemens
Energy announced today that it has acquired Advanced Airfoil Components (AAC),
a business operating as a joint venture of Siemens Energy and Chromalloy since
November 2016.
The Gibsonton, Florida facility demonstrates
Siemens Energy’s commitment to investing in U.S.-based manufacturing and
servicing of components for advanced energy projects, for worldwide export. The company has invested over $100 million
into the facility so far.
Wage increases already implemented for existing
workforce
Growth plan includes hiring roughly 100 employees
in the next two years
Ownership of AAC will help secure the company’s
supply chain in the U.S., with essential turbine parts composed of advanced
materials and requiring advanced manufacturing processes
Siemens
Energy announced today that it has acquired Advanced Airfoil Components (AAC),
a business operating as a joint venture of Siemens Energy and Chromalloy since
November 2016.
AAC’s advanced
technology in the manufacturing and servicing of components such as turbine
blades and vanes are of critical importance for turbine projects that will
support the growth of renewable energy generation for Siemens Energy customers.
An example is that AAC technologies enable gas turbines
to run on hydrogen, which will play a key role in fueling the transformation of
our energy infrastructure. Having backup
power generation available also helps to bring more renewables onto the grid by
stabilizing variable output. Siemens
Energy’s acquisition of AAC helps secure its supply chain with more U.S.-based
manufacturing, service and export capabilities.
“Supporting domestic manufacturing is
increasingly important, especially as we continue to face supply chain
shortages,” says Rich Voorberg, president of Siemens Energy North America. “We have a world class business right here in
Florida, and we are looking forward to growing AAC as an asset with its
one-of-a-kind casting technology. The
capabilities at AAC allow us to maximize turbine efficiency and support the
energy transition for customers around the world.”
“I’m pleased to see Siemens Energy invest in
Florida manufacturing, further proving that our state is the best in the country
to do business,” said U.S. Rep. Vern Buchanan. “This commitment to Florida
manufacturing will create jobs, boost the local economy and help mitigate
supply chain shortages.”
Siemens
Energy will oversee the operation of AAC’s 210,000 sq. ft. facility in
Gibsonton, Florida and its 229 employees.
In addition, the company plans to hire roughly
100 people to fill critical needs at the facility over the course of the next
few years.
Siemens Energy is one of the world’s leading energy technology companies. The company works with its customers and partners on energy systems for the future, thus supporting the transition to a more sustainable world. With its portfolio of products, solutions and services, Siemens Energy covers almost the entire energy value chain – from power generation and transmission to storage. The portfolio includes conventional and renewable energy technology,
such as gas and steam turbines, hybrid power plants operated with hydrogen, and power generators and transformers. More than 50 percent of the portfolio has already been decarbonized. A majority stake in the listed company Siemens Gamesa Renewable Energy (SGRE) makes Siemens Energy a global market leader for renewable energies. An estimated one-sixth of the electricity generated worldwide is based on technologies from Siemens Energy. Siemens Energy employs around 91,000 people worldwide in more than 90 countries and generated revenue of €28.5 billion in fiscal year 2021.