HOUSTON, May 6, 2013 /PRNewswire/ -- Ameriforge Group, Inc. today announced that it has changed its name to AFGlobal Corporation, reflecting the company's expanding global footprint and continued evolution to a vertically integrated turnkey solutions provider. AFGlobal serves the global upstream, midstream, and downstream oil and gas segments, as well as the power generation, aerospace, transportation and industrial markets.
Providing a full spectrum of products from molten metal to syntactic foam sciences, AFGlobal Corporation provides a wide range of products including drilling risers and gas turbine combustor components, subsea components such as manifolds, skids, plets, plems, production riser components, BOP assemblies and buoyancy modules, and individual parts such as precision machined and fabricated products. It also supports its diverse customer base through providing a variety of complementary aftermarket services.
"Our name change is tremendously significant for us," said Gean Stalcup, CEO of AFGlobal. "It symbolizes our ability to deliver more than products and services; as a fully integrated turnkey supplier, we can offer a differentiated value proposition to our customers around the globe. This strategic evolution has positioned us for growth and ensures that we are better able to capitalize on new global opportunities, such as those found offshore in deepwater resource development and exploration."
Launched in 1996 as a forged products manufacturer, AFGlobal has evolved to offer its customers a differentiated level of service, product engineering and metallurgical knowledge, while still delivering best-in-class equipment, systems, sub-systems and related services. AFGlobal's unique Advanced Technology Center, led by some of the world's most knowledgeable and experienced engineers, is central to the highly-innovative manufacturing and design solutions which the company offers its strategic customers.
The company, headquartered in Houston, Texas, currently operates 30 facilities in five countries spanning four continents. The company's innovative and highly-engineered solutions are relied upon in the toughest operating conditions found in the ultra deepwater subsea environment, onshore, unconventional, well completion applications, and in gas processing / refinery operations worldwide, as well as the power generation, aerospace, transportation and industrial markets.
In December 2012, First Reserve acquired AFGlobal in partnership with management. Founded in 1983, First Reserve is the largest and most experienced private equity firm focused exclusively on energy investing. Visit AFGlobal at www.afglobalcorp.com to see the company's new visual identity, logo and website or visit booth 3105 at the Offshore Technology Conference.
About AFGlobal Corporation
AFGlobal Corporation is a privately-held Houston-based company with a global footprint across 30 facilities in five countries spanning four continents. AFGlobal provides a range of highly engineered products, including turnkey solutions such as drilling risers and gas turbine components, subsea components such as manifolds, skids, plets, plems, production riser components, BOP assemblies and buoyancy modules, and individual parts such as precision machined and fabricated products. The company also further supports its diverse customer base through providing a variety of complementary aftermarket services.
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