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ARC Group Worldwide Wins another MIM Prize at 2021 MPIF Powder Metallurgy Design Excellence Competition

This worm gear won an award in the Metal Powder Industries Federation (MPIF) 2021 PM Design Excellence Awards Competition. These innovative, powder metallurgy (PM) automotive transmission locking mechanism components were manufactured by the metal injection molding (MIM) process. MIM processing was selected because of the complexity of the helical gear teeth and the adjacent shaft geometry.  The winners in the 2021 Powder Metallurgy (PM) Design Excellence Awards competition, sponsored by the Metal Powder Industries Federation (MPIF), demonstrate outstanding examples of…

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ARC Group Worldwide Posts 33% Revenue Growth in First Quarter FY22

Friday, December 10, 2021 4:30 PM DELAND, FL / ACCESSWIRE / December 10, 2021 / ARC Group Worldwide, Inc. (“ARC” or the “Company”), a leading global provider of advanced manufacturing, today reports its results for the first fiscal quarter ending September 26, 2021. ARC reports large improvements across all major financial metrics for the organization. First Quarter Fiscal Year 2022 Results Net sales were $15.2 million, up 32.7% from the prior-year period; Gross profit was $3.3 million, up 56.9% from…

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ARC Group Worldwide Reports Solid Performance with Fiscal Year Results

DELAND, FL / ACCESSWIRE / December 6, 2021 / ARC Group Worldwide, Inc. (“ARC” or the “Company”), a leading global provider of advanced manufacturing, today announces financial results for the fiscal year 2021, ended June 30, 2021. Fiscal Year Results Net sales of $62.2 million, up 28.1% from the prior-year period; Gross profit of $14.1 million, up 106.8% from the prior-year period; Gross margin of 22.6%, up 860 basis points from the prior-year period. Operating expenses of $7.3 million, down…

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