ARC

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 Wins MIM Grand Prize at 2021 MPIF Powder Metallurgy Design Excellence Competition

In the Aerospace/Military/Firearms Category for MIM components, a Grand Prize has been awarded to ARC Group Worldwide for an enclosed striker used in the firing mechanism of a commercial handgun. The part is made in a 2-cavity mold, and strategic tool design and staging was implemented. Post-sintering, HIP, and heat treatment are performed to increase mechanical properties. The position of the tip to the primary body of the component is critical for part functionality. The parts are finished with an…

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Third Quarter Fiscal 2021: ARC Group Worldwide, Inc. Reports Marked Improvement in Profitability and Topline Growth

DELAND, FL; May 10, 2021 – ARC Group Worldwide, Inc. (“ARC” or the “Company”), a leading global provider of advanced manufacturing, today announced its operating results for the third quarter ended March 28, 2021. Highlights for the third quarter of fiscal year 2021 compared to the third quarter fiscal year 2020 for Continuing Operations: Net sales were $16.4 million, increasing by 28.2%; Gross profit was $4.0 million, increasing by 117.9%; Operating expenses were $1.9 million, decreasing by 2.0%; Interest and…

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ARC Group Worldwide Engages Imperial Capital, LLC to Explore Strategic Alternatives

DELAND, FL / ACCESSWIRE / April 5, 2021 / ARC Group Worldwide, Inc. (“ARC” or the “Company”) announced that they have hired Imperial Capital, LLC (“Imperial Capital”), a full-service Investment Bank, to serve as exclusive financial advisor to explore strategic alternatives for the Company. Imperial Capital has extensive experience advising clients in the Advanced Manufacturing sector. Jedidiah Rust, CEO of ARC said, “After the successful completion of several years of restructuring and rebuilding our core business of metal and plastic injection…

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ARC Group Worldwide Announces Investment in Veloxint CIF.

DELAND, FL; March 17, 2021 – ARC Group Worldwide, Inc. (“ARC” or the “Company”), in conjunction with its majority shareholder Quadrant Management, announced that they have entered into an ownership investment into Veloxint CIF (“Veloxint”) to enhance the development and commercialization of the nanocrystalline metal alloy materials. The agreement combines the 30 year powder metallurgy knowledge and sintering expertise at ARC with the cutting edge nano-enabled powders produced by Veloxint. ARC has begun the process of testing and commercializing the use…

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ARC Group Worldwide Reports Strong Increase in Revenue and Profitability for the Fiscal Second Quarter 2021

DELAND, FL / ACCESSWIRE / February 8, 2021 / ARC Group Worldwide, Inc. (OTC PINK:ARCW) (“ARC” or the “Company”), a leading global provider of advanced manufacturing, today reports its results for the second fiscal quarter ending December 27, 2020. ARC reports sequential quarterly income growth for fiscal year to date 2021. Highlights for the second quarter of fiscal year 2021 compared to the second quarter fiscal year 2020 for Continuing Operations: Net sales were $14.5 million, increasing by 23.4%; Gross profit…

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ARC Group Worldwide Announces Return to Profitability for the Fiscal First Quarter 2021

DELAND, FL; January 25, 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 27, 2020. ARC reports net income for the three months and continued improvement compared to the prior period last year. Highlights for the first quarter of fiscal year 2021 compared to the first quarter fiscal year 2020 for Continuing Operations: ·         Net sales were $11.4 million, increasing by 7.7%; ·         Gross…

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ARC’s Wiseman Appointed to the Industry Development Board of the MPIF

Friday, November 13, 2020 12:30 PM Company Update DELAND, FL / ACCESSWIRE / November 13, 2020 / ARC Group Worldwide, Inc. (“ARC” or the “Company”) today announced that Michael Wiseman, Vice President of Engineering was recently appointed to the Industry Development Board [IDB] of the Metal Powder Industries Federation (MPIF). The IDB coordinates the marketing and public relations activities of the MPIF toward expanding the market for powder metallurgy parts and products. The Board is comprised of industry experts and…

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ARC Group Worldwide Successfully Completes Financial Restructuring

DELAND, Oct. 7, 2020 – ARC Group Worldwide, Inc. (“ARC” or the “Company”) today announced it has successfully completed its financial restructuring and emerged better positioned for the long-term with significantly reduced debt, a stronger balance sheet and enhanced financial flexibility.   Over the last year, the Company has taken steps to reduce its debt by approximately $34 million.   To see the full Financial Report, please click here  Contact: Investor Relations   Phone: (303)467-5236   Email: InvestorRelations@arcw.com

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ARC Group Worldwide, Inc. Announces Third Quarter 2019 Results

DELAND, FL., May 17, 2019—ARC Group Worldwide, Inc. (“ARC”or the “Company”) (NASDAQ: ARCW), a leading global provider of advanced manufacturing, today reported its results for the third fiscal quarter ending March 31, 2019. Highlights for the third quarter of fiscal year 2019 compared to the third quarter fiscal year 2018 for Continuing Operations: Sales of $19.9 million, a decrease of 5.7%; Gross Deficit of $(0.2)million, a decrease of 113.7%; EBITDA of $(0.4) million, a decrease of 142.6%  Highlights for the…

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