Effective November 30, 2023, Joe A. Powell has sold his remaining shares in Akron Steel Treating Company, his family’s commercial heat treating business for over 80 years in Akron, Ohio, USA, to a fourth generation of new “family” ownership.
The team at AST will continue to deliver ISO and Nadcap aerospace heat treating and related metallurgical services to part making customers.
Joe A. Powell, AST’s Chairman of the Board, will remain active in the heat treating and metallurgical services community as president of Integrated Heat Treating Solutions, LLC. (IHTS). IHTS is a “heat transfer” consulting company for product development teams to enable more sustainable heat treating equipment and practices to be integrated into their new product designs. IHTS and its team of part making consultants enable their part making clients to deliver more “total added value” from heat treating and forging per BTU expended in making their products for their end users; including the design of the associated heating and quench cooling equipment for "leaner + greener, more sustainable, manufacturing" and for greater recyclability of metal alloys.
Pictured in the image above: AST’s new shareholder team, and Joe A. Powell, Chairman of the Board, are pictured from left to right: Matt Moldvay, President; Steve Powell, Vice President of Quality, Christina Powell Somogye, Vice President of Administration; Joe A. Powell, Chairman; and Joe N. Powell, Vice President of Sales. (Source: AST)