ARC Group Worldwide, Inc. announces Colorado expansion

ARC Group Worldwide, Inc. announced today that Advanced Forming Technology, Inc., a division of the Company's Precision Components Group, has begun expanding its operational capabilities at its Colorado location.

Commenting on the expansion, Mr. Jedidiah Rust, Director of Operations for AFT Colorado, said, "AFT continues to experience growth within our major market segments, demonstrating the quality of our products and services, and necessitating the need for additional capacity." AFT currently services five growth industries, including Automotive, Medical, Aerospace, Firearms, and Consumer. Mr. Rust further commented, "In order to continue to meet our customer's high demand, AFT has taken the initiative to increase output through infrastructure investment and lean manufacturing initiatives."

Expansion completed to date represents the first of several phases, with the planned expansion expected to be complete by December 2014.

Thomas K. Houck, Vice President of U.S. Metal Injection Molding Operations, stated, "This capital expansion and infrastructure upgrade will enable us to meet current demand and grow our business for the future. Our continued focus on operational excellence will provide the Company with the strengthened ability to expand volumes, provide additional value added processes to our customers and increase our 3D printing capabilities/services. These initiatives, combined with our expected growth, should position the Company for continued success with a diverse, captivated customer base, innovative technology solutions, and increased shareholder value."