This report covers Solar Turbines Inc. one of the largest exporters in the U.S. and a wholly owned subsidiary of Caterpillar Inc. We cover export shipments by destination and value. We finish with an example of the top commodities sold by Solar Turbines.
Solar Turbines Inc.
Solar Turbines Incorporated was 44th on the Fortune 500 list in 2009. Solar Turbines was bought by Caterpillar in 1981 and has roughly 5,500 employees. The main products that Solar Turbines produce are axial-flow industrial engines. Solar Turbine has more than 13,000 gas turbine systems. Some of the more popular products are called Saturn, Centaur, Taurus, Mars, and Titan. Solar Turbines products are used in oil and gas production and transmission, and power generation. The gas turbine engines range from 1600 horsepower to 30,000 horsepower. Solar Turbines is one of the 50 largest exporters in the United States and is located in San Diego (click here for San Diego trade profile).
Solar Turbines Inc. exported over 145 shipments from April 2011 to January, 2012. These exports had an estimated value of over 82 million dollars. They went to mainly 11 countries. The largest buyer of Solar Turbines by worth was Venezuela, buying 28 million dollars worth in this time frame. The second largest buyer was India, who bought 15.9 million dollars worth. The third largest buyer was Nigeria and then Belgium. These four countries alone generated 84% of Solar Turbine’s export sales. Please note the table with the buying countries rank-listed by estimated value, followed by a pie chart / graph. The pie chart percentages represent the percent of total value exported to buying country.
Solar Turbine’s Exports by Commodity Value
Using a comprehensive data set of all 146 export shipments, 146 Bills of Lading, available here, we created a graph of the commodities sold by value. We found that the commodities matched the list provided by the company. The top commodity sold was HS: 850230, Generating Sets. This commodity generated 30 million dollars of sales from April 2011 to January 2012. HS: 841181 Gas Turbines of a power less than 5000 KW were exported for 15.9 million dollars. HS: 840790 Spark Ignition Rotary Combustion Engines provided another 11.3 million dollars in overseas sales. Below is a bar graph showing the major commodities by value.
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