Ameriforge Group acquires GLOENCE and related China operations

May 8, 2007

Houston-based Ameriforge Group Inc. (, a manufacturer of forged products, has acquired the assets of GLOENCO, a global supplier of products and services to the power generation and aerospace industries. The acquisition includes GLOENCO’s China operations: Foshan AF Manufacturing Technology Co., Ltd. and Shanghai AF International Trading Company. GLOENCO provides design, machining, welding, testing, assembly and component repair services from facilities in Newport, N.H., Greenville, S.C., and Shanghai and Shunde, China.

David Heminger, president and chief executive officer of Ameriforge Group, Inc., said: "Ameriforge is a leader in providing fully integrated forged product solutions to strategic customers in selected markets. The GLOENCO acquisition continues our aggressive growth by broadening our manufacturing base, expanding geographically, and applying our operational competencies to the needs of our key customers. GLOENCO's manufacturing capabilities, global presence, and advanced supply chain management expertise are a great fit with Ameriforge's strategic objectives."