# Forged Solutions Group acquires Steel Industries

Forged Solutions Group, a portfolio company of Arlington Capital Partners, has acquired Steel Industries, Inc., a manufacturer of open die forgings and seamless rolled rings based in Redford, Michigan. Steel Industries will continue to be led locally by Frank Witte.

- Type: Acquisition
- Announced: 2022-11-17
- Where: Redford, Michigan, United States
- Status: completed
- Products: open die forgings, seamless rolled rings
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md), [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Arlington Capital Partners](https://endata.com/companies/20929.md) (investor)
- [Forged Solutions Group](https://endata.com/companies/43359.md) (acquirer)
- [Steel Industries](https://endata.com/companies/66715.md) (target)
- [Continental Forge](https://endata.com/companies/67227.md) (target)

## Sources

- [forgedsolutionsgroup.com](https://www.forgedsolutionsgroup.com/forged-solutions-group-an-arlington-capital-partners-portfolio-company-acquires-steel-industries/), 2022-11-17: "Forged Solutions Group, Inc. (“FSG”), a leading provider of complex, precision forged rings and closed die products to aerospace and defense customers, has acquired Steel Industries, Inc."
- [arlingtoncap.com](https://arlingtoncap.com/news/forged-solutions-group-an-arlington-capital-partners-portfolio-company-acquires-continental-forge/), 2022-12-09: "Forged Solutions Group (“FSG”), a leading provider of complex, precision-forged rings and closed-die products to aerospace and defense customers, has acquired Continental Forge."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.