# Stellex Capital Management to acquire McConway & Torley and Standard Forged Products from Arcosa

An affiliate of Stellex Capital Management agreed to acquire McConway & Torley and Standard Forged Products from Arcosa. The companies produce cast, forged, and machined products for rail and industrial customers from three facilities in Pittsburgh. David Meyer was named CEO.

- Type: Acquisition
- Announced: 2024-08-05
- Where: Pittsburgh, Pennsylvania, United States
- Status: announced
- Products: cast products, forged products, machined products
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Stellex Capital Management](https://endata.com/companies/5668.md) (acquirer)
- [Arcosa Inc](https://endata.com/companies/15143.md) (partner)
- [McConway & Torley](https://endata.com/companies/79004.md) (target)
- [Standard Forged Products](https://endata.com/companies/79005.md) (target)

## Sources

- [businesswire.com](https://www.businesswire.com/news/home/20240805820876/en/Stellex-Capital-Management-to-Acquire-Foundry-and-Forge-Platform-from-Arcosa-Inc.-Set-for-New-Chapter), 2024-08-05: "We see tremendous potential in the Company's capabilities and are committed to investing in its future."

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