ARCH Precision Components Acquires Metalcraft Technologies

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.

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.

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.

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.

Hyperion Materials & Technologies Acquires Crafts Technology

April 15, 2021

Manufacturing

Hyperion Materials & Technologies acquired Crafts Technology, a precision manufacturer of cemented tungsten carbide components, to broaden its engineered hard- and super-hard-materials capabilities and global footprint. Crafts Technology will continue to be led by President and CEO Jeffrey Taylor, and Prairie Capital Advisors served as financial advisor to Crafts on the transaction.

ARCH Global Precision Acquires Cling's Aerospace

August 11, 2020

Manufacturing

ARCH Global Precision, LLC has acquired Cling's Aerospace, LLC, adding Cling's precision machining, tubing and weldment capabilities to ARCH’s Precision Components segment. The acquisition expands ARCH’s aerospace and defense manufacturing capabilities and broadens its footprint in the Phoenix (Tempe/Mesa) area; former owner Doug Cling will remain to run the business post-closing.