November 25, 2013
Chromalloy expands support in new engine supply chain with acquisition of TRAC Group
Chromalloy, a leading supplier of gas turbine engine component repairs, coatings and castings, reported its acquisition of Trac Group, a tier one component supplier to the aerospace and energy industries. 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, called 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.