EVENDALE, OHIO - GE Aircraft Engines (GEAE) and Turbomecanica S.A. of Bucharest, Romania, have formed a joint venture company to manufacture jet engine components, primarily for commercial aircraft.
The 50/50 joint venture will be located at Turbomecanica S.A.'s Bucharest operation. Turbomecanica manufactures high-quality aerospace components and, since 1998, has been a supplier to GEAE and GE Power Systems, producing static hot section parts for various gas turbine engines.
The GEAE/Turbomecanica S.A. joint venture, the first manufacturing operation established by GE in Romania, will enhance the relationship between the two companies while creating new opportunities for aerospace-related manufacturing in Romania. As a result, the joint venture will enhance GEAE's competitive position in Europe. The joint venture will produce combustor-related components.
GEAE, a division of General Electric Company (NYSE: GE), is the world's leading manufacturer of jet engines for civil and military aircraft, including engines produced by CFM International. GEAE also manufactures gas turbines, derived from its highly successful jet engine programs, for marine and industrial applications. In addition, GEAE provides comprehensive maintenance support, through its GE Engine Services operation, for GE and non-GE jet engines in service throughout the world. Visit GEAE online at: http://www.geae.com.