Gov. Scott Announces Siemens and Chromalloy to Create 350 New Jobs in Tampa

TAMPA, Fla.–(BUSINESS WIRE)–Today, Governor Rick Scott announced that Siemens and Chromalloy Gas
Turbine Corporation have chosen Hillsborough County as the headquarters
location for their new joint venture, Advanced Airfoil Components. The
Advanced Airfoil Components manufacturing facility will lead to the
creation of 350 new jobs with a capital investment of approximately $139
million. Siemens and Chromalloy evaluated multiple states before
ultimately choosing Florida as the best destination for this new
headquarters.

Governor 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.”

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. This
facility will be leasing 210,000 square feet at Tampa Regional
Industrial Park and is scheduled to open in late 2018. Siemens already
has approximately 5,200 employees in Florida.

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.”

Florida is one of the nation’s top 10 states for manufacturing. Home to
over 19,000 companies that employ more than 331,000 people, Florida’s
diverse manufacturing industry produces everything from aerospace
products, batteries, food and beverages, communications equipment,
pharmaceuticals, semiconductors, boats, and more. In 2016, Governor
Scott championed the permanent elimination of the sales tax on
manufacturing machinery and equipment so Florida manufactures can invest
more money in growing their businesses and creating new jobs.

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

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 Hillsborough County Board of County Commissioners Stacy
White, said, “We are excited to welcome Advanced Airfoil Components to
Hillsborough County and thank them for their investment in our
community. The addition of hundreds of skilled manufacturing jobs is
great news for local families. We are confident that the quality of our
workforce and the responsiveness of our colleges and universities to the
industry’s evolving training needs will help Advanced Airfoil Components
thrive here for decades to come.”

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.”

Enterprise Florida board member and President and CEO and Voltair
Consulting Engineers Julius Davis said, “Florida attracts high-tech
companies from around the world, and with a qualified workforce and
robust infrastructure, it is clear why Siemens and Chromalloy chose
Hillsborough County as the location for Advanced Airfoil Components. The
350 new jobs and investment into our community are a direct result of
business-friendly policies championed by Governor Rick Scott.”

Siemens
Corporation
is a U.S. subsidiary of Siemens AG, a global
powerhouse focusing on the areas of electrification, automation and
digitalization. One of the world’s largest producers of
energy-efficient, resource-saving technologies, Siemens is a leading
supplier of systems for power generation and transmission as well as
medical diagnosis. With approximately 351,000 employees in 190
countries, Siemens reported worldwide revenue of $88.1 billion in fiscal
2016. Siemens in the USA reported revenue of $23.7 billion, including
$5.4 billion in exports, and employs approximately 50,000 people
throughout all 50 states and Puerto Rico.

Chromalloy
has expanded from a gas turbine parts repair business into an OEM
supplier of production parts and advanced repairs and services for gas
turbines used in aviation and land-based applications. Chromalloy serves
the airline, military, marine and energy segments with a broad range of
services at locations around the globe. Chromalloy is authorized by the
FAA and EASA and many other NAAs, and is qualified under ISO and NADCAP.
Chromalloy is a subsidiary of Sequa Corporation.

Sequa
Corporation
is a diversified industrial company with operations
in the aerospace, energy and metal coatings industries. Sequa is a
Carlyle Group company. For additional information, visit www.sequa.com

Enterprise
Florida, Inc. (EFI)
is a partnership between Florida’s
businesses and government leaders and is the principal economic
development organization for Florida. EFI facilitates job growth through
recruitment and retention, international trade and exporting, promotion
of sporting events, and capital funding programs to assist small and
minority businesses. EFI launched “Florida
– The Future is Here”
to promote the state as the nation’s premier
business destination.

Tampa
Hillsborough Economic Development Corporation
is the lead
designated economic development agency for Hillsborough County and the
cities of Tampa, Plant City, and Temple Terrace. Established in 2009 as
a partnership between the public sector and private corporate investors,
the EDC works to develop and sustain a thriving local economy through
the attraction, retention and expansion of high wage jobs and capital
investment within targeted industry sectors. The EDC exists because of
the generous support of more than 100 corporations, the Board of County
Commissioners of Hillsborough County, and the cities of Tampa, Plant
City and Temple Terrace.

Hillsborough
County, Florida
is the commercial and industrial heart of
Tampa Bay. The fourth largest county in the state of Florida,
Hillsborough is home to nearly 1.3 million residents, with thousands
more arriving each year. Its strength is drawn from being one of the
most advanced economies and having one of the most educated workforces
in the state. Hillsborough County and its three municipalities –Tampa,
Plant City, and Temple Terrace – offer a competitive business
environment and an abundance of regional assets including Port Tampa
Bay, Tampa International Airport, and MacDill Air Force Base. County
government is focused on creating economic prosperity for residents and
businesses throughout the area.

Contacts

Siemens
Brie Sachse, 1 202 730 1013
[email protected]