Latest Siemens’ U.S. Investment Demonstrates Future of Advanced Manufacturing

Latest Siemens’ U.S. Investment Demonstrates Future of Advanced Manufacturing

Lisa Davis, CEO Energy, Siemens AG

 

Friday was a big day for Siemens and for American manufacturing

Siemens and Chromalloy Gas Turbine Corporation celebrated the grand opening of our new joint venture: Advanced Airfoil Components, in Tampa, Florida.

 

Our partnership represents a capital investment of $139 million and will add 350 jobs for Floridians. The advanced manufacturing site also enhances what Siemens sees as our larger responsibility: not just to create profit, but to create jobs, to spur economic growth, and to support innovation.

 

Advanced Airfoil Components will hire workers for a range of skilled positions, including engineers and manufacturing technicians, as well as production and operational roles.

 

As the National Association of Manufacturers (NAM) noted, this good news comes as manufacturing jobs are being created at a rapid pace and a new era of advanced manufacturing gains momentum.

 

“Companies like Siemens,” the NAM wrote on its blog, Shopfloor, which highlighted our announcement and workforce development efforts, “are fueling that growth and are creating new opportunities for manufacturing workers in the United States.”

 

Workers at Advanced Airfoil will support a high-tech manufacturing process that’s changing the game for producing turbine blades and components. The technical process is impressive.

 

What’s even more impressive, though, are three broader impacts stemming from the capability to support advanced manufacturing.

 

1. It’s a competitive advantage for our global energy business.

 

The power generation market is experiencing significant change. I’d even call it a structural change. With advanced manufacturing, Siemens can leverage innovation to reduce costs and deliver cutting-edge products and components to our customers to gain an edge in a highly competitive global market.

 

2It supports our already large U.S. manufacturing footprint.

 

Advanced Airfoil joins a Siemens family of more than 60 manufacturing, digital, and R&D sites across the United States. Our company has invested $40 billion in America over the past 15 years, and currently supports a supply chain of more than 36,000 U.S. companies.

3. It attracts the next generation of manufacturing workers.

 

Young people today see the tech world as the future. They want to contribute to the development of the future and use advanced technology to make real things.

 

Advanced Airfoil provides that platform.

 

That’s why we’re already seeing enthusiasm among recent engineering graduates to join the Advanced Airfoil team. They’re seeing the opportunity to be part of an industry reinventing itself into a highly advanced industry led by high-tech workers.

 

This is an inspiring, exciting development for companies like ours that are expanding U.S. apprenticeships and investing in a 21st century skilled workforce – from manufacturing professionals with digital skills, to data scientists with manufacturing knowledge.

 

As I told CNBC, we’re in a very long-term business. Siemens has been in the United States for more than 160 years; America is our largest market in the world today.

 

Florida, in turn, has long been integral to Siemens’ U.S. presence. Out of our 50,000 U.S. employees, 5,000 of them live and work in the Sunshine State, including at our energy business headquarters in Orlando.

Siemens wants to prove that global companies can also be local companies – and Advanced Airfoil is indeed our latest proof that it’s possible.

 

Publsihed On: October 29th, 2018