Chromalloy, known to metalcasters as an investment casting company focused on aerospace and industrial gas turbine parts, recently acquired a British company with a similar focus. Trac Group, based in Crewe, England, and with precision machining plants there, in Derby, England and Sonora, Mexico, is a Tier One aerospace components supplier. The operations produce parts for manufacturers that include Alstom, Rolls-Royce plc, Siemens, and Snecma.
The Trac Group also includes divisions that produce precision fixtures, gauges, special purpose tooling for the aerospace manufacturing sector, and measurement and quality control devices.
Terry Russett, managing director, called the combination of Trac Group and Chromalloy “a win-win for the equipment manufacturers, which demand innovation, quality and performance both in the supply chain and the aftermarket.”
Trac Group will retain its brand name and add a tagline to identify it as “a Chromalloy company.”
Neither company indicated the value or other terms of the purchase.
In addition to producing investment cast turbine parts, Chromalloy also develops specialty coatings for aerospace engine parts, and operates multiple service centers for commercial and military aircraft.
“Chromalloy’s acquisition of Trac Group is in line with our strategy to increase our support for the new engine supply chain,” stated Carlo Luzzatto, the company’s president. “Chromalloy and Trac, both industry leaders, together offer the original equipment manufacturers a global source of component production and repair.”