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Press release

AFG Holdings, Inc. secures agreement with Custom Alloy Corporation

03/08/2020

Press releaseIssued by the company.

AFG Holdings, Inc. announced that its AFG Aero & Industrial business has reached an agreement with Custom Alloy Corporation, a leading manufacturer of seamless and welded pipe fittings and forgings based out of High Bridge, NJ, to exclusively manufacture and market their commodity based-product in the USA.

With this agreement, AFG Aero & Industrial significantly expands its overall product offering and will now be able to provide seamless and welded buttweld fittings, material grades, including stainless 1/2 inch to 24 inches, nickel alloys, duplex and super duplex sizes from 1/2 inch to 12 inches with sch 10s, 40s, 80s, and T40.

"We look forward to the growing opportunity that this agreement represents," commented Joe Jenkins, President of AFG Aero & Industrial. "We will continue to work hard to maintain the customer relationships and to meet and exceed the expectations that Custom Alloy customers have come to expect and deserve. We are pleased to introduce our products to the market through this unique endeavor."

The synergies created by this agreement provide a unique offering to the customers of both companies. Custom Alloy Corporation will continue to leverage its ability to fulfill the need for specialty made-to order-items, while AFG Aero & Industrial will now be able to fill customer requirements on everyday stocking items for approved buttweld, along with the Company's approved Texas Metal Works (TMW) flanges.

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