Forged Solutions Group Expands Portfolio with Custom Alloy Acquisition
Sheffield, U.K. – Forged Solutions Group, Inc. (FSG), known for its high-quality forgings within the aerospace, defense, and space segments, has recently made headlines by acquiring Custom Alloy Corporation (CAC), a notable manufacturer based in High Bridge, New Jersey. This acquisition marks a significant enhancement to FSG's operational capabilities and positions the company as a stronger player in the military supply chain.
CAC is recognized for its vertical integration and specialization in providing sophisticated forgings as well as reliable fittings and piping solutions to various defense and industrial sectors. The company's outstanding reputation stems from its quality products, punctual deliveries, and mastery in working with over 170 types of alloys. Notably, CAC has achieved a Level 1 qualification as a manufacturer for the U.S. Navy's nuclear forgings and fittings, cementing its role as a vital supplier for the naval supply chain, particularly in the context of subsurface and surface operations.
The acquisition not only broadens FSG's portfolio but also strategically strengthens its ties to the U.S. Navy’s modernization initiatives. Alex Harman, Managing Partner at J.F. Lehman Company (JFLCO), the parent company of FSG, emphasized the significance of this consolidation, stating, “The acquisition of CAC strengthens and diversifies the FSG platform by adding attractive U.S. nuclear navy exposure.” Harman expressed confidence in CAC's ability to contribute significantly to the U.S. Navy's ongoing fleet modernization and the revitalization of the shipbuilding supply chain, which has seen increased investments recently.
Olivier Jarrault, the Chief Executive Officer of FSG, praised the integration of CAC into FSG, expressing excitement about the opportunities for cross-leveraging innovative forging technologies between the two companies. He mentioned that this acquisition will not only uphold the high standards FSG is known for but also support CAC's growth by streamlining operational efficiencies and fortifying production processes.
About Forged Solutions Group (FSG)
FSG stands out as a premier supplier of high specification forgings tailored for the aerospace, defense, and space markets. The company excels in a variety of manufacturing processes, including rolled rings, closed die forging, extrusion, and open die forging. The materials processed encompass nickel, titanium, steel, and aluminum, aimed at supporting global Original Equipment Manufacturers (OEMs) and Tier 1 clients.
Headquartered in Sheffield, U.K., FSG operates several manufacturing sites across both the U.K. and the U.S., ensuring they meet the growing demands of their dynamic customer base. The recent acquisition is set to bolster their strategic positioning within the industry, tapping into new opportunities while reinforcing their commitment to quality and service.
About J.F. Lehman Company
Founded in 1992, J.F. Lehman Company is a dedicated investment firm specializing in sectors crucial to national security and infrastructure, including aerospace, defense, and environmental services. With assets under management surpassing $9 billion, JFLCO maintains a strategic focus on industries with significant growth potential and enduring importance to the global economy. The company operates from offices in New York and Washington, D.C.
For additional details about the Forged Solutions Group, please visit their official website at
www.forgedsolutionsgroup.com.
The acquisition of Custom Alloy by Forged Solutions Group is a strategic move that not only enhances FSG's capabilities in the defense industry but also solidifies its role as a key manufacturer supporting crucial military and industrial applications. This integration sets the stage for continued evolution and innovation within the sphere of forged components.
Lastly, the move is aligned with the growing investment in defense capabilities, suggesting a promising future for both companies amidst a revitalizing sector.