SIFCO Industries Acquires Quality Aluminum Forge
SIFCO Industries Inc. of Cleveland, Ohio, acquired the business and related
assets of GEL industries Inc., doing business as Quality Aluminum Forge (QAF), an
aerospace component supplier located in Orange, Calif. QAF is principally known
as a supplier of precision-forged and machined aerospace components for use on
commercial and military aircraft. The transaction, which includes essentially
all of the operating assets and liabilities of QAF, closed on Oct. 28. The
acquisition enhances SIFCO's product offering by adding a new metal capability
and increasing the company's finish-machining capability.
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