Parsons Marine Steam Turbine Company

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Parsons Marine Steam Turbine Company, often referred to simply as Parsons, was a British shipbuilding company based in Wallsend, North England, on the River Tyne. It was founded by Charles Algernon Parsons and specialised in building the steam turbine engine that Parsons had invented. Parsons usually sub-contracted hull building work to another UK shipbuilder. The company survives in the Heaton area of Newcastle and is now part of Siemens, a German industrial conglomerate, as part of their power generation branch.