Chromalloy Acquires Trac Group

Chromalloy, a supplier of gas turbine engine component repairs, coatings and castings, has acquired Trac Group, a Tier 1 component supplier to the aerospace and energy industries.

 

"Chromalloy's acquisition of Trac Group is in line with our strategy to increase our support for the new engine supply chain," says Carlo Luzzatto, president. "Chromalloy and Trac, both industry leaders, together offer the original equipment manufacturers a global source of component production and repair."

 

Trac Group provides design, engineering, and manufacturing of high- and low-pressure complex turbine components including blades, segments, and vanes for the engine hot section.

 

As a supplier on new commercial aircraft engines and power generation systems, Trac Group produces components for Rolls-Royce, Snecma, Alstom, Siemens, and other manufacturers. The company employs about 400 and has headquarters in Crewe, U.K., with production facilities in the U.K. and Mexico.

 

Terry Russett, managing director, Trac Group, calls the combination "a win-win for the equipment manufacturers, which demand innovation, quality, and performance both in the supply chain and the aftermarket."

 

The company will retain its brand name and be referred to as "A Chromalloy Company."

 

Chromalloy and Trac Group are privately held and the terms of the agreement were not disclosed.

 

Chromalloy, a subsidiary of Sequa Corp., headquartered in Palm Beach Gardens, Fla., is a supplier of castings, advanced repairs, coatings, and a catalog of other aftermarket services for turbine airfoils and other critical engine components. Chromalloy facilities include operations, annexes, and sales offices in 17 countries.