#USA #Thermal Group #ACT Aerospace #Behrman Capital #Gunnison

The Thermal Group Expands Operations with ACT Aerospace Acquisition

In a significant move to bolster its position in the defense and aerospace sectors, The Thermal Group (TTG), renowned for its precision-engineered components, has announced its acquisition of Applied Composite Technology Aerospace, LLC (ACT). This strategic acquisition not only enhances TTG’s product offerings but also marks a pivotal expansion in its capabilities in advanced composite manufacturing.

Founded and operated from Gunnison, Utah, ACT is celebrated for delivering innovative composite structures pivotal for various aerospace and defense applications. With over three decades of expertise in this sector, ACT has made a name by efficiently marrying technological innovation with manufacturing excellence. The company’s proficiency spans laminate construction, composite compression molding, resin transfer molding, and filament winding, serving high-reliability applications for its roster of customers, which includes industry giants in the defense and aerospace markets.

Leadership Insights

Harley Kaplan, the CEO of TTG, expressed enthusiasm about the acquisition, stating, “This partnership with ACT not only complements our existing thermal design expertise but also significantly expands the breadth of our engineered solutions. By leveraging ACT's advanced composite capabilities, we can elevate our service offering and deliver enhanced value to our customers.”

Kaplan’s remarks underline the objective behind the acquisition: to access a broader range of technologies that can facilitate TTG’s growth and augment its competitive edge in the market. The integration of ACT's advanced manufacturing techniques is anticipated to provide significant cross-selling opportunities that could bolster TTG's strategic positioning further.

Jason Christensen, President of ACT, expressed pride in the company’s rich history, stating, “We have always prioritised delivering high-quality engineered solutions. Our merger with The Thermal Group opens new avenues for innovation and growth, allowing us to tap into their extensive resources and infrastructure.” The enthusiasm for partnership highlights a shared commitment to excellence and innovation in serving their client base better.

Future Implications

The acquisition has been welcomed by stakeholders and industry experts alike, with Grant Behrman of Behrman Capital noting that this marks a critical milestone in the evolution of TTG’s platform. Behrman stated, “Acquiring ACT is a significant step towards enhancing TTG's portfolio of high-reliability engineered solutions, and we are eager to see how this synergy expands growth opportunities.”

As TTG integrates ACT’s operations and capabilities, customers can expect a comprehensive suite of thermal management and composite solutions tailored to meet the demands of today’s fast-evolving defense and aerospace landscapes.

About The Companies

TTG stands out as a premier designer and manufacturer of critical thermal management components essential for defense, aerospace, and industrial applications. Their array of products includes ruggedized enclosures, heat sinks, and cooling systems, showcasing expertise in manufacturing processes like dip brazing and CNC machining.

On the other hand, ACT Aerospace has earned its reputation as a leader in the aerospace defense manufacturing domain, producing advanced composite structures that cater to various high-reliability applications. Their fully integrated facility allows them to manage projects seamlessly, from initial design to final product delivery, emphasizing their commitment to integrated solutions.

For those interested in further details about TTG, please visit The Thermal Group's website, and for information on ACT, their site can be found at ACT Aerospace's website. The acquisition signals a promising evolution in engineered solutions poised to elevate industry standards and broaden the horizon of opportunities for both companies.

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