Market Expansion Forged Components has actively grown through strategic acquisitions, including Western of Texas, enhancing their manufacturing capabilities for forged pressure vessels and flanges with advanced alloys like stainless steel and nickel, which opens opportunities to serve a broader range of industrial clients.
Industry Leadership As a global leader in forged integral self-reinforcing connections for pressure vessels and industrial fittings, the company is well-positioned to attract customers seeking high-quality, specialized forged components for the oil and gas, power, and subsea sectors.
Technological Modernization The recent website redesign with improved technical content and web tools indicates a focus on digital engagement and technical customer support, making the company more accessible to engineers and procurement teams in need of detailed product specifications.
Financial Stability With an estimated revenue range between $50 million and $100 million and an expanding manufacturing footprint, Forged Components demonstrates solid financial health, presenting opportunities for repeat business and long-term contracts with large industrial clients.
Growing Portfolio The company's diverse product portfolio, including custom forgings, wellhead components, and subsea fittings, positions it to meet the complex and varying needs of industries involved in energy production, offering multiple entry points for product upselling or cross-selling.