ARCH Precision Components Acquires Metalcraft Technologies

Metal Technologies Acquires Rochester Metal Products

September 2, 2026

Manufacturing

Metal Technologies (MTI) completed its acquisition of Rochester Metal Products, an iron foundry founded in 1937. The combined organization will expand domestic gray and ductile iron casting capacity, manufacturing flexibility, and customer end-market coverage by adding Rochester’s molding, engineering, and customer relationships.

Acorn Capital Management to Acquire Majority Interest in MTI Aviation

April 20, 2026

Aerospace & Defense

Acorn Capital Management announced an agreement to acquire a majority interest in MTI Aviation, a provider of component repair, overhaul, and parts distribution for electro-mechanical, hydraulics, pneumatics, and power generation components. The transaction is expected to close in the coming weeks, with MTI’s founder and CEO Jorge Mejia remaining a significant shareholder and continuing to lead the company.

Karman Space & Defense Acquires Metal Technology Inc. (MTI) for $90M

April 4, 2025

Aerospace & Defense

Karman Space & Defense (Karman Holdings Inc.) acquired Metal Technology Inc. (MTI), a refractory-alloy specialist based in Albany, Oregon, for $90 million in cash. The deal expands Karman's advanced materials and manufacturing capabilities (including additive manufacturing, hot forging and specialized forming) and provides accelerated access to strategic and classified missile defense programs.

ARCH Cutting Tools Acquires Diversified Precision Products

May 23, 2022

Manufacturing

ARCH Cutting Tools Corp., part of ARCH Global Holdings LLC, has acquired Diversified Precision Products, Inc., a Spring Arbor, Michigan-based maker of custom round carbide cutting tools and centerless grinder work rest blades. The acquisition expands ARCH’s custom tooling capabilities and domestic manufacturing capacity to better serve automotive, aerospace, medical and industrial customers. Steve Lazaroff, owner of Diversified Precision Products, will transition the business into the ARCH Cutting Tools platform.

ARCH Global Precision Acquires Morsch Machine

October 16, 2020

Manufacturing

ARCH Global Precision, a Jordan Company platform, has acquired Morsch Machine, a precision machining firm based in Chandler, Arizona. The acquisition adds 3-, 4- and 5-axis machining, structural adhesive bonded assembly, 3D printing and assembly capabilities to ARCH’s Precision Components segment and expands capacity for mid- to high-volume aerospace, defense and space work.

The Jordan Company Acquires ARCH Global Precision from Strength Capital

April 1, 2019

Manufacturing

The Jordan Company, a middle-market private equity firm, acquired ARCH Global Precision, a diversified U.S. precision-manufacturing platform, from Strength Capital Partners. ARCH operates across cutting tools, medical implants/instruments and aerospace & defense components with roughly 1,000 employees and multiple facilities nationwide; the deal represents an investor exit and positions ARCH for a next stage of growth under new ownership.