More aero supply chain consolidation predicted

Apr 26, 2012 | 05:20 PM | Frank Haflich

Tags  aerospace, kevin michaels, ICF, AMM Aerospace Materials Conference, frank haflich

PITTSBURGH — Supply chain consolidation, characterized by three "blockbuster" deals in the past year, is likely to continue among both producers and processors of aerospace materials, a top aviation analyst said at AMM’s 6th Annual Aerospace Materials Conference in Pittsburgh.

Kevin Michaels, vice president of Ann Arbor, Mich.-based aviation consultant ICF SH&E, called the past year’s blockbuster deals—the $883-million purchase of Ladish Co. by Allegheny Technologies Inc.; the $900-million acquisition of Primus International by Precision Castparts Corp.; and the $558-million deal combining major aerospace alloy producers Latrobe Specialty Steel Co. and Carpenter Technology Corp.—"harbingers" of future consolidation and vertical integration in Tiers 3....





Latest Pricing Trends

Poll

Is severe weather affecting your business?

Yes
No


View previous results

AMM Events