October 22, 2008
Alstom Opens Washington, D.C. Office
Alstom, a global leader in equipment and services for the power generation and rail transportation industries, today announced the opening of a new office in Washington, D.C., extending the company's network in North America.
The strong and growing demand for clean, alternative power generation solutions and for efficient mass transportation systems in North America presents unique opportunities for Alstom in the region. The company is committed to developing new technologies that minimize the environmental impact of the power generation and rail transportation industries and brings strong international experience to the clean energy challenges facing the U.S.
"Given the political and regulatory challenges involved in our industries, having an executive office in Washington D.C. will greatly enhance our contribution to the discussion concerning clean power solutions," said Philippe Joubert, Executive Vice President of Alstom and head of the company's international division.
With over 9,000 employees across the U.S., Alstom is fully committed to the U.S. market. The company has invested more than $200 million in a new manufacturing facility in Chattanooga, TN where it will manufacture steam turbines, gas turbines, generators and related equipment for use in U.S. power generation facilities. This will include manufacturing new steam turbines for fossil and nuclear applications, as well as retrofitting existing steam turbines with current technology. The new facility, the largest of its kind in the U.S., is expected to create more than 350 jobs in the Chattanooga area, many of which are high paying skilled labor and engineering positions.
Alstom continues to be a valuable and trusted business partner to many of the top energy and industrial companies in the U.S. and Canada, including AEP, Dow Chemical, TransAlta, WE Energies, EPRI (Electric Power Research Institute), UniStar Nuclear and Exelon.
The company is at the forefront of developing cost-effective carbon capture technologies, one of the most critical challenges facing the power generation industry, not only in the U.S. but around the world. In February 2008, Alstom, along with We Energies and EPRI, announced the first pilot project in the U.S. that uses Alstom's chilled ammonia process to capture carbon dioxide from coal-fueled power plants. Alstom designed, constructed and is operating the system that captures carbon dioxide from a portion of the coal-fired boiler flue gas at We Energies' Pleasant Prairie Power Plant in Wisconsin.
"Our newly established presence in Washington will provide us with greater access to influential legislators, regulators and other stakeholders. As a result, Alstom will have the ability to participate more fully in public policy discussions regarding carbon capture and storage (CCS) and other clean power solutions," said Mr. Joubert. "Given our proximity to the beltway community, it is our primary objective to communicate that coal is as clean as gas; that nuclear is a viable option and that CCS technologies are a reality in 2008."
The company's new Washington, D.C. office is located at 801 Pennsylvania Avenue. Pierre L. Gauthier has been appointed President and CEO of Alstom U.S. and will be based in the new Washington headquarters, along with a senior executive team. Mr. Gauthier has more than thirty years of experience in the industry. He joined Alstom in 1996.
Alstom is a global leader in the world of power generation and rail infrastructure and sets the benchmark for innovative and environmentally friendly technologies. Alstom builds the fastest train and the highest capacity automated metro in the world, and provides turnkey integrated power plant solutions and associated services for a wide variety of energy sources, including hydro, nuclear, gas, coal and wind. The Group employs more than 76,000 people in 70 countries, and had orders of EUR 23.5 billion in 2007/08.