Westinghouse

Industry Briefs

Orlando, FL-based Siemens Westinghouse Power and San Antonio,TX-based Chromalloy Gas Turbine Corp., a subsidiary of Sequa Corp.,are forming a joint venture effective June 1 to support the growthof the Siemens gas turbine fleet. Siemens owns 51% of the venture,and Chromalloy owns 49%. The new enterprise, a U.S. company calledTurbine Airfoil Coating & Repair LLC (TACR), will provide forthe repair of Siemens industrial gas turbine blades and vanes, thecoating of repaired components, and the coating of new Siemensindustrial gas turbine blades and vanes for manufacturing andservice needs around the world. Headquartered in Middletown, NY,the venture will operate from existing Chromalloy installations inMiddletown and in Dallas, TX, and from an existing Siemens facilityin Berlin, Germany.

May 26, 2000