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Joint Venture Advanced Airfoil Components Locates Headquarters in Hillsborough County, Florida

10/07/2017
Siemens and Chromalloy Gas Turbine Corporation have chosen Hillsborough County, Florida, as the headquarters location for their new joint venture, Advanced Airfoil Components. The new company will lease 210,000 square feet at Tampa Regional Industrial Park.

The Advanced Airfoil Components manufacturing facility, which is scheduled to open in late 2018, expects to create 350 new jobs with a capital investment of approximately $139 million.

Siemens, a global engineering and technology leader, and Chromalloy Gas Turbine Corporation, a global engine manufacturer, have formed Advanced Airfoil Components to support manufacturing and producing components that will maximize gas turbine performance. Advanced Airfoil Components will hire workers for a range of skilled positions, including technical engineers, manufacturing technicians and production workers.

Siemens USA CEO Judy Marks said, “Siemens is very pleased to make additional investments in the I-4 corridor, where we already have more than 5,000 employees. We’re a global company that is proud to be ‘U.S. local,’ with over 60 manufacturing sites across the country. This joint venture with Chromalloy streamlines our supply chain and ensures we have the most advanced technologies as we pursue performance gains for our gas turbines.”

Chromalloy President Carlo Luzzatto said, “With two existing manufacturing facilities in the Tampa area, Chromalloy is excited to continue our investment in the community and to support technical and professional job growth in Florida. This is a strong market for technical candidates, and we are looking forward to identifying highly skilled individuals to support this new, innovative energy business.”

Governor Rick Scott said, “I’m proud to announce that Siemens and Chromalloy chose Florida as the best place to start their new joint venture that will create 350 new jobs for families in the Tampa area. We have fought to make Florida more business-friendly by permanently eliminating the sales tax on manufacturing machinery and equipment, so Florida manufacturers like Siemens and Chromalloy can invest more in our state. With the $85 million Florida Job Growth Grant Fund, we can ensure our economy will continue to grow so families can succeed in Florida.”

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

Florida Department of Economic Opportunity Executive Director Cissy Proctor said, “This announcement is exciting news for Tampa-area families. We are proud that Advanced Airfoil chose Florida and is planning to create hundreds of high-wage, high-tech manufacturing jobs in Florida’s I-4 Tech Corridor.”

Chairman of the Tampa Hillsborough Economic Development Corporation and President of Hillsborough Community College Dr. Ken Atwater said, “The strength and diversity of our manufacturing sector is encouraging more globally renowned corporations like Siemens and Chromalloy to choose Tampa and Hillsborough County. Advanced Airfoil Components’ success in our market will have a positive impact on our region and help shape our economic future. We look forward to assisting them as they establish roots in our community.”

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