Can-Eng Furnaces International Ltd. received a contract from a Tier 1 manufacturer of forged suspension components for a system that will produce lightweight forged-aluminum parts for passenger vehicles. The system includes a pre-forging rotary-hearth aluminum heating furnace, water quench and continuous aging furnace. The equipment will be integrated into an automated forging cell that includes specialized material-handling components and advanced controls.

Germany’s Kaiser Aluminium-Umformtechnik GmbH, a manufacturer of forged-aluminum components for small- and medium-sized products, successfully started up its first Schuler servo screw press. The system will be primarily used to produce complex chassis components for the automotive industry. The investment further expands Kaiser Aluminium-Umformtechnik’s market position as a competent partner for forged parts and components in the aluminum sector.

Allegheny Technologies Inc. (ATI) announced a realignment of its business segments to further enhance its position as a leading specialty materials manufacturer and to accelerate sustainable long-term profitable growth. Starting with first-quarter 2020 financial results, ATI will report in two business segments: a streamlined High Performance Materials & Components (HPMC) segment and the new Advanced Alloys & Solutions (AA&S) segment.

Arlington Capital Partners, a Washington, D.C.-based private-equity firm, acquired Firth Rixson Forgings Ltd. from Arconic. Going forward, the business will operate as part of Forged Solutions Group, which was formed in November 2019 by Arlington Capital as its aerospace forging platform. Located in Sheffield, United Kingdom, Firth Rixson provides complex closed-die forgings and forged discs and proprietary forward-and-backward extrusion-produced shafts and cylinders primarily for OEM and Tier 1 aerospace and defense engine customers.

Premier Forge Group, a portfolio company of Wynnchurch Capital, acquired California Amforge Corp. Located in Azusa, Calif., Amforge manufactures closed-die, upset and rolled-ring forgings for the aerospace, defense and oil-and-gas industries. The company supplies critical components for both fixed and rotary wing aircraft and engines in military and civil applications. Located in Portland, Ind., and Lebanon, Ky., Premier Forge provides high-value, complex forgings for OEMs in a range of markets. The company’s capabilities include comprehensive forging processes complemented by in-house design and engineering, product machining and heat-treating services.

Blue Point Capital Partners acquired Mattco Forge Inc., a manufacturer of forged-metal products primarily for the aerospace and defense sectors. Paramount, Calif.-based Mattco offers a wide range of products and customized product configurations in various metal alloys that are critical to high-performance parts. According to Blue Point, Mattco has strategically positioned itself as a key supplier of forged-metal products in the aerospace and defense industries. Blue Point hopes to expand the company's production capabilities, improve its supply-chain management and enhance its business infrastructure.