Siemens-Chromalloy joint venture opens in Tampa

Siemens and Chromalloy Gas Turbine Corporation celebrated the grand opening of their new joint venture, Advanced Airfoil Components, in Hillsborough County. This partnership represents a capital investment of $139 million and will add 350 jobs for Floridians. Advanced Airfoil Components will hire workers for a range of skilled positions, including technical engineers, manufacturing technicians and production workers, as well as human resources, finance, procurement and logistics, and operations roles.

“Advanced Airfoil Components’ new facility demonstrates Siemens' commitment to delivering state-of-the-art technology solutions for our power and gas customers in the United States and throughout the world,” said Lisa Davis, CEO Energy, Siemens AG. “Not only does this joint venture help reduce costs and support our supply chain needs, but it will create 350 high-wage, skilled positions, including technical engineers, manufacturing technicians and production workers and expand Siemens more than 5,000 employees footprint in Florida.”

“Advanced Airfoil Components is proud to exclusively deliver innovative, high-tech casting components for Siemens gas turbines at this new, state-of-the-art site,” said Kevin Updegrove, CEO, Advanced Airfoil Components. “The new space will allow Advanced Airfoil Components to grow this new business with Siemens and Chromalloy, taking our partnership to the next level.”

“Chromalloy is committed to advancing the technological development and job growth in the aerospace and energy industries throughout Florida,” said Tom Mepham, CEO of Sequa Corporation, the parent company of Chromalloy. “Our collaboration with Siemens in the creation of Advanced Airfoil Components is a natural progression in our partnership that will ensure success and financial profitability in this market space.” This announcement reflects Chromalloy’s continuing investment in Florida, which includes a current footprint of five locations and over 700 employees.

This project was made possible through strong partnerships between Enterprise Florida, the Florida Department of Economic Opportunity, Hillsborough County, and the Tampa Hillsborough Economic Development Corporation.