IFA invests in Sheffield site
Image courtesy IFA
The new investment includes two new hydraulic press forges – a 3000T Open Die press and a Closed Die press – aimed at increasing its heavy press range and capacity. Plans also include two additional Axial Ring Rolling Mills and Drop Stamp Forge Technology, expanding their capacity to manufacture advanced alloys and critical application parts for the commercial, business, defence and aerospace sectors.
IFA intends to expand their Sheffield site by the end of 2027 with the addition of new state-of-the-art forging and automation technology to support the sector’s growing demand signal.
The plans also include a new machine shop, die shop, central warehouse and office space. This growth will provide new career opportunities – with production, engineering, metallurgy, inspection, technical, quality and commercial roles created as part of this growth.
This multimillion pound development follows the investment into IFA by Trive Capital, the Texas based private equity firm with more than US$8 billion of regulatory assets under management.
IFA CEO, Andy McGuinness stated: “IFA’s experience as a highly skilled, technically experienced provider of forgings has allowed the Company to grow as a major contributor to the aerospace and defence supply chain. IFA is excited to partner with Trive to enhance our capabilities and execute on several near and long-term growth opportunities.”
