Forgital, a producer of large forged and machined components for the aerospace and other industries, will be acquired by global investment firm The Carlyle Group. The transaction values Forgital at approximately $1.1 billion and is expected to be completed in the second half of 2019. Established in 1873 with headquarters in Vicenza, Italy, Forgital is a specialist in the manufacture of machine-finished forged and laminated rolled rings made from different materials, including steel, aluminum, titanium and nickel-based alloys. In addition to aerospace applications, Forgital also serves the oil-and-gas, construction, mining and power-generation industries. The company employs over 1,100 people across nine facilities in Italy, France and the United States and through its global salesforce.
FIA will hold its biennial Forge Fair May 21-23 at Cleveland’s Huntington Convention Center. This article, geared to the less experienced tradeshow attendee, will give you tips on how to make the most of your time on the exhibit floor and in the technical sessions.
Ellwood Group Inc. of Ellwood City, Pa., will acquire McInnes Rolled Rings, a manufacturer of seamless carbon, alloy and stainless steel rolled rings. The deal is scheduled to close on March 31, and Ellwood expects to run Erie, Pa.-based McInnes independently as a wholly owned subsidiary. Operations at both companies are expected to continue seamlessly throughout the acquisition process. The deal fits Ellwood’s strategy to provide quality metals and custom-engineered components for critical applications around the world.
Patriot Forge Co. (Ontario, Canada) depends on advanced high-density polyethylene (HDPE) cooling towers to maintain optimum bath temperatures for quenching metal forgings and cooling hydraulic systems.
December 7, 2018
The forging industry has achieved an impressive place in the North American industrial economy by producing components with unique benefits that are difficult to duplicate by any other metalworking process.
The new advanced quench-and-temper facility (AQTF) heat-treatment line supplied by SMS group to TimkenSteel at its Gambrinus Steel Plant in Canton, Ohio, commenced full commercial production. Extensive testing was successfully completed in November 2017. The line is able to treat 10 tons per hour of bars and heavy-walled tubes up to 13 inches in diameter.
The risk of catastrophic fires in industrial forging facilities is a reality the industry faces daily. However, the risk can be mitigated with the proactive installation of an appropriate fire-suppression system.
Check out the June 2019 issue of FORGE, featuring our cover story that showcases blacksmithing becoming a "Hot" topic. Other features include "Germany's Lightweight Forging Initiative for Hybrid Vehicles and Heavy-Duty Trucks", "FAQs About Testing Forged Metal Parts", and much more.