By Kari Williamson
ARC is acquiring AFT for US$43 million, and the transaction values QMT at US$31.4m. The group will have operations in Colorado, Florida, Pennsylvania, Texas, Minnesota, China and Hungary.
ARC says it will maintain its commitment to growing the wireless broadband internet business through products such as its eXsite dual-polarisation dish and variable sector antennas, IES line of integrated panel antennas and enclosures, and the new ARCFlex line of full solution radios. With the acquisitions, ARC will have a larger manufacturing platform to provide further support to grow its business and continue to streamline costs.
Metal injection moulding giant?
QMT holds a majority interest in manufacturing businesses FloMet LLC, Tekna Seal LLC, General Flange & Forge LLC and Tubefit LLC.
Through the combination of FloMet and AFT, ARC says it will create “the world leader in metal injection moulding (MIM)”.
Through the other QMT businesses, ARC will also have significant operations in the manufacture and distribution of custom hermetic seals and pipe fittings and flanges.
AFT is an ISO-certified speciality manufacturer of precision metal injection moulded parts for the automotive, aerospace, medical, firearms, and consumer markets.
