Chromalloy Announces Expansion in Georgia

Press release from the issuing company

Friday, July 15th, 2011

Chromalloy announced today that it will expand itsNewnan, Ga., operation and work force, adding gas turbine engine service capabilities and up to 125 jobs at the site.

"Chromalloy is pleased to offer engine operators additional advanced repairs and services at our greaterAtlantaarea facility," saidArmand F. Lauzon, Jr., President. "We have worked closely with the state ofGeorgia, Governor Deal's office and the Coweta County Development Authority to bring this development and work to the area – and we look forward to significantly expanding our presence in the community," Lauzon said.

GeorgiaGovernorNathan Dealsaid, "The commitment Chromalloy is making toGeorgiaspeaks volumes about our state's competitive resources for companies in the advanced repairs and gas turbine engine industry. I'm proud that Chromalloy has been here inGeorgiafor more than 20 years, and I look forward to the company's continued success inCoweta Countyand around the world."

U.S. SenatorJohnny Isakson, said, "I congratulate theNewnan-Coweta Countyarea and economic development team, as well as the citizens of the area.An expansion announcement is great news in the current economy and demonstrates the confidence that Chromalloy and Sequa Corporation have in theirGeorgiaemployees."

Greg Wright, President, Coweta County Development Authority, added, "Chromalloy has played an important part in our economic success for decades, and we are delighted that the company has chosen to expand itsNewnanfacility. Chromalloy is a great company and an outstanding community partner, and I join with the people ofCoweta Countyin thanking the company, its leadership and its employees for their continued commitment to our area."