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September 8, 2011

Andritz Hydro Corp. expands U.S. headquarters

Company to add energy sector jobs in Charlotte

Andritz Hydro Corp., one of the world’s leading providers of turbines, pumps, rehabilitation services and turnkey construction for the hydroelectric power industry, is expanding its U.S. headquarters operation in Charlotte.Over the coming year, Andritz Hydro Corp. expects to fill approximately 20 new positions.

“We will continue to pursue mechanical and electrical engineers/designers, project managers and supervisors with a heavy industrial background for both field and office locations,” says Steve Schmidt, Co-President.

Andritz Hydro is the largest division of the Andritz Group of Graz, Austria, a global supplier of equipment for the hydro, pulp and paper, metal production, environmental process and feed/biofuels sectors. The Andritz Group generated sales of 3.6 billion euros in 2010, approximately US $5 billion at today’s exchange rates, and employs 16,100 in locations around the globe.

Several new hydroelectric rehabilitation projects, including a $102 million contract for overhauling the Grand Coulee Dam in Washington State, drive Andritz Hydro’s growth in the U.S. The company’s roots in Charlotte date to the last decade and the U.S. office of VA Tech Hydro, an Austrian hydroelectric equipment manufacturer that was acquired by Andritz in 2006. The company’s Charlotte footprint has grown from 4 to over 80 employees in the last ten years, and continued growth is projected based on U.S. market demand.

Please click here to read the company’s official release.

For more information on Andritz Hydro, please visit www.andritz-hydro.com. You may also wish to contact one of the following:

Charlotte Chamber | 330 South Tryon Street | Charlotte, NC 28202 | 704.378.1300 | www.charlottechamber.com

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