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Doncasters sign $1 billion castings deal with Siemens Energy

Posted on 15 Aug 2023 and read 699 times
Doncasters sign $1 billion castings deal with Siemens EnergyPictured clockwise from top left: Jannis Gikadi, Siemens Energy head of purchasing; Indy Rattu, Doncasters’ president of Europe and Asia; Chris Steinwachs, vice president Siemens Energy; and Doncasters’ chief executive officer Mike Quinn

Burton-upon-Trent-based Doncasters, a leading global manufacturer of high-precision components, has signed a multi-year contract with Siemens Energy, a world-renowned energy technology company. The multi-year agreement, which represents a milestone achievement with an anticipated value exceeding $1 billion, covers the supply of complex precision investment castings for Siemens Energy’s gas turbine platforms.

Under this contract, Doncasters will leverage its vertically integrated alloy manufacturing and casting capabilities in the UK and Germany to deliver a range of products to Siemens Energy. The scope of work includes both legacy products and groundbreaking new projects, encompassing some of the most substantial and intricate precision castings ever produced globally.

Mike Quinn, CEO at Doncasters, said: “This renewal of Doncasters’ contract with Siemens Energy reflects the hard work of all our employees and I am delighted that we have been able to cement our relationship with one of our oldest and largest customers. This agreement forms the backbone to the significant capital investments in capacity and capability currently underway or planned to support the growth in our airfoil casting plants.”

Christopher Steinwachs, vice president at Siemens Energy, concluded: “We are excited about this collaboration with Doncasters, as it supports our commitment to providing cutting-edge technology and superior solutions to our customers. This agreement aligns with our vision to lead the energy transition with sustainable, innovative, and reliable products. Doncaster’s customer centric approach was a decisive factor in our decision to sign a long-term agreement.”