Siemens and Chromalloy Gas Turbine Corp. opened its joint venture, Advanced Airfoil Components, in Hillsborough County, Fla. The $139 million investment will create 350 jobs. Advanced Airfoil Components will manufacture innovative, high-tech casting components for Siemens’ gas turbines.

The 210,000-square-foot facility will enable production of the entire range of blades and vanes for Siemens’ gas turbine fleet, including the newest 9000HL. The facility equipment build-out is being done in stages and will be completed over the next four years.