Sheffield-headquartered Independent Forgings & Alloys (“IFA”), one of Britain’s leading independent aerospace and industrial forgers, has received an £8.5m capital investment from BGF to support its growth plans. The funding will help fuel a number of investment initiatives designed to enhance IFA’s manufacturing and testing capabilities, delivering new commercial opportunities.
Operating from a 250,000 sq.ft. facility in Sheffield, IFA manufactures high-integrity, open-die forged components for OEMs and tier-one suppliers within the aerospace, nuclear, power generation, marine and oil and gas sectors. Using materials such as nickel alloy, titanium, stainless steel and carbon alloys, the company primarily forges rings and bars for use in a range of end applications ‘from the deepest oceans to outer space’ including aircraft aerostructures and engines, industrial gas turbines, offshore oil rigs, civil nuclear reactors, formula one motor racing and space satellites.