Alcoa (AA +0.4%) signs a long-term agreement with Siemens (SI) to supply blades and vanes for a...

|By:, SA News Editor

Alcoa (AA +0.4%) signs a long-term agreement with Siemens (SI) to supply blades and vanes for a range of industrial gas turbines; financial terms were not disclosed. AA parts will be used in, among others, the Siemens F-Class turbine which generates enough power to supply the energy needs of a city of 300K residents.