processor Sifco Industries Inc. has acquired MW General Inc. as
it looks to boost its presence in the aluminum forging and
commercial aerospace markets.
The terms of the deal
for Colorado Springs, Colo.-based MW General, which does
business as General Aluminum Forgings, were not disclosed.
The acquired company,
renamed General Aluminum Forge LLC (GAF), will become part of
Sifcos aluminum forging business, expanding its capacity
and broadening its customer base.
GAF supplies both the
medical and military industries but primarily makes precision
aluminum forgings for the commercial aerospace sector,
Cleveland-based Sifco said.
"The addition of GAF
meaningfully grows our aluminum forgings business and increases
our aluminum product capabilities," Sifco chief executive
officer Michael S. Lipscomb said in a statement.
forging, heat-treating, coating and welding, and supplies
machined parts, including those for turbine engines. It has two
businesses: forged components and turbine components services