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Firth Rixson Acquires Future Tech

May 14, 2007
Provides additional rough machining capabilities for large seamless rings.

May 11 Firth Rixson, www.firthrixson.com , a major provider of highly engineered forged, cast, and other specialty metal products, today announced that it has acquired Future Tech, a southern California-based business specializing in the machining of ultra large aerospace components.

Future Tech is a premier supplier of rough machining, a process used to prepare forged rings for finish machining and final fabrication. The addition of Future Tech's capabilities vertically integrates rough machining at Firth Rixson's large seamless ring manufacturing facilities, including Schlosser Forge, Viking, and Forged Metals. This internal rough machining capability will further reduce Firth Rixson's manufacturing cycle time, while expanding large and ultra large ring capacity.

David C. Mortimer, CEO of Firth Rixson, said, "We are delighted to announce the acquisition of Future Tech, which marks another exciting step in the development of our company. Many of our customers require rough machining preparation of our ring products for their final processing. This initiative enhances our capacity to grow with our customers, especially within the large and ultra large ring market."