Alstom moves forward with Global Technology Center in Latin America

Alstom (OTCPK: AOMFF) said it has placed the corner stone of its future hydro power Global Technology Centre for Latin America in the Brazilian state of Sao Paulo.

Announced in November 2011, the facility will be located in Alstom’s largest hydro manufacturing facility in the world, with capacity to produce all electromechanical equipment for hydro plants in Brazil and for projects abroad.

The facility will include a test stand for turbine models and will be able to contribute to the development of technological solutions for projects all over the world.

Alstom already has similar centers in France, India, Switzerland and Canada. The Brazilian center will be the first to have the complete hydro product technical expertise in a single location: turbines, generators, governors, command and control, hydro mechanical and lifting equipment.

The facility is expected to be complete in mid-2013.

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