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.
