The largest commercial aluminum heat treater in the United States was recently acquired by a leading provider of metal heat treating services.
Al-Fe Heat Treating has been purchased by Premier Thermal Solutions (PTS), which provides commercial metal processing services to a variety of industries, including automotive, energy, and aviation, through its wholly-owned subsidiaries, Atmosphere Annealing and NitroSteel. PTS maintains five facilities in four locations across the Midwest.
“With the acquisition of Al-Fe, PTS has expanded its service offerings to include both ferrous and aluminum heat treating services. This is an important diversification of our portfolio as we expect to see substantial growth in the use of aluminum in the automotive industry as well as in a variety of other industries that we serve,” said Steve Wyatt, President of PTS. “In addition to its aluminum processing capabilities, Al-Fe is Nadcap certified which will allow PTS to enhance its service offerings in other end-markets such as aerospace and defense.”
Al-Fe Heat Treating, which has plants in Defiance, Ohio; Saginaw, Michigan; Wadsworth, Indiana; and Wabash, Indiana, provides demanding heat treat applications including continuous or drop-bottom processing, precision air quench for distortion control, and hyperquench for aerospace specifications or testing/inspection services.
“We are thrilled to have closed this transaction and expect to announce incremental acquisitions over the next 12 months,” said Rahul Sawhney, Senior Managing Director of Z Capital. Premier Thermal Solutions was acquired by Z Capital Partners, LLC in 2017. “Not only does Al-Fe add incremental heat treating capabilities, but also further strengthens the collective talent at PTS, which will be instrumental in continuing to provide superior customer service.”
Photo credit: Al-Fe Heat Treating
