Precision casting firm signs contract worth over $1billion for industrial gas turbine parts

Doncasters, a leading global manufacturer of high-precision components, has announced the signing of 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 $1billion USD, 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 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 worldwide.

Mike Quinn, chief executive officer at Doncasters, expressed his enthusiasm for the renewed collaboration, stating: “This renewal of Doncasters’ contract with Siemens Energy reflects the hard work of all our employees and I’m 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, added: "We are excited about this collaboration with Doncasters, as it supports our commitment to providing cutting-edge technology and innovative 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.

“Both companies look forward to embarking on this journey together, combining our expertise and resources to drive advancements in the energy industry.”

Doncasters
www.doncasters.com