IBC Advanced Alloys
IBC Advanced Alloys produces a variety of copper and beryllium-aluminum alloys, serving industries such as defense, aerospace, and automotive. The company operates facilities in Indiana and Massachusetts and is traded on the TSX Venture Exchange and OTCQB.
Company Overview
IBC Advanced Alloys produces a variety of copper alloys as castings and forgings, including beryllium copper, chrome copper, and aluminum bronze. The company serves industries such as defense, aerospace, automotive, telecom, and manufacturing. It has two main business divisions: Copper Alloys and Engineered Materials. IBC Advanced Alloys is traded on the TSX Venture Exchange under the ticker symbol 'IB' and on the US-based OTCQB as 'IAALF'.
Copper Alloys Division
The Copper Alloys division manufactures and distributes a wide variety of copper alloys as castings and forgings. Located in Franklin, Indiana, the facility includes a large 1,500-ton forge press, a state-of-the-art solution annealing furnace and quench tank system, three forge hammers, a ring rolling mill, a complete heat treatment center, lathes, milling machines, CNC equipment, and various saws. This division has been profitable since the quarter ended September 30, 2020.
Engineered Materials Division
The Engineered Materials division of IBC Advanced Alloys operates a manufacturing facility in Wilmington, Massachusetts. This division manufactures the Beralcast® family of beryllium-aluminum alloys, which can be precision cast and are used in defense, aerospace, and other systems. One of the notable products includes Beralmax®, a type of beryllium-aluminum alloy.
Manufacturing Capabilities
IBC Advanced Alloys operates production facilities in Indiana and Massachusetts. The vertically integrated foundry in Franklin, Indiana, includes advanced manufacturing equipment such as forge presses, solution annealing furnaces, forge hammers, ring rolling mills, heat treatment centers, and varying CNC machinery. Additionally, the company offers tolling services and metallurgical consulting to its clients.
Key Products
IBC Advanced Alloys produces critical parts for the F-35 Lightning II system and other mission-critical alloy products for applications in defense, aerospace, electronics, automotive, oil & gas, and many other industries. Key products include Beralcast® and Beralmax® beryllium-aluminum alloys, as well as a beryllium-free mold alloy called Thermal Mold Super.
Recent Developments
In a strategic move to focus on its profitable Copper Alloys division, IBC Advanced Alloys plans to cease production at its Massachusetts beryllium-aluminum alloy plant. This decision is due to insufficient long-term market demand for the plant's products.