Recent News

AFG Holdings, Inc. Secures Agreement with Custom Alloy Corporation

August 3, 2020 – AFG Holdings, Inc. announced today that its AFG Aero & Industrial business has reached an agreement with Custom Alloy Corporation, a leading manufacturer of seamless and welded pipe fittings and forgings based out of High Bridge, NJ, to exclusively manufacture and market their commodity based-product in the USA. With this agreement, AFG Aero & Industrial significantly expands...
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AFG Holdings, Inc. Enters Long-term Agreement with GPSL

July 28, 2020 – AFG Holdings, Inc. announced today that its AFG Aero & Industrial business has reached a partnership agreement with Global Piping System Limited (GPSL), a fully integrated stainless steel and nickel alloy buttweld fitting manufacturer. “GPSL has built strong relationships over the last 5 years and we at AFG Aero & Industrial look forward to continuing that tradition,”...
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AFGlobal Announces Deployment of Novel Connection System

First deployment of Stinger Deployed Diverless Connector achieves new industry milestone HOUSTON, TX, July 21, 2020 – AFGlobal today announced its successful deployment of their Stinger Deployed Diverless Connector (SDDC) system offshore Malaysia. This project commenced in April 2019 and was completed in April 2020. Within a year, AFGlobal designed, built, tested and deployed two of the SDDC’s subsea installation for...
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AFG Holdings Enters Arrangement with OPRA Turbines Group

Company Transfers Airem Energy Assets to Leading Gas Turbine Provider Houston, TX, July 14, 2020 – AFG Holdings, Inc. today announced that they have finalized an agreement to sell majority interest in Airem Energy to the OPRA Turbines Group. Airem Energy offers small gas turbines and energy solutions for the market in the Americas and has a prior relationship with the...
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AFG Aero & Industrial Receives AS9100 Accreditation

Houston, TX, June 15, 2020 – AFG Aero & Industrial announced that their Emmett Road facility in Houston has been awarded AS9100 accreditation from PRI Registrar for its commitment to continual improvement in their management system. This facility joins the Company’s Detroit, Michigan facility (Steel Industries) and the companies machining center (SMI) in Houston, Texas as accredited locations. Both manufacturing facilities...
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Petrobras Formally Approves AFGlobal MPD Technology

Company primed to enter Brazil market with revolutionary Active Control Device HOUSTON, TX, December 9, 2019 – AFGlobal today announced that its Active Control Device (ACD) has been approved by Petrobras for use on their wells in Brazil. This approval follows rigorous testing review at the Company’s Advanced Technology Center in Houston, Texas. “This is a pivotal milestone for AFGlobal, and we...
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AFGlobal Expands Aerospace and Industrial Business

HOUSTON, TX, September 16, 2019 -- AFGlobal today announced it has finalized a lease agreement with Dril-Quip to take over responsibility for their Houston forging operations. AFGlobal will assume all operational responsibility for Dril-Quip's forge facilities and equipment located at its Houston manufacturing campus with an option to acquire those same assets. Under the terms of the agreement, AFGlobal will supply...
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AFGlobal Secures Multiple Technology Awards

HOUSTON, TX, May 13, 2019 -- AFGlobal today announced that the Company received both the American Society of Mechanical Engineers (ASME) 36th Annual Woelfel Best Mechanical Engineering Achievement (BMEA) Award for its Active Control Device (ACD) and the ASME OTC Innovation Award for the DuraStim® pump. AFGlobal earned two of the five finalist positions for this respected awards program, making the Company...
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AFGlobal Secures Coveted Technology Awards

HOUSTON, TX, May 3, 2019 -- AFGlobal today announced that the Company will be honored with two 2019 Offshore Technology Conference (OTC) Spotlight on New Technology Awards next week. Each year, the OTC recognizes innovative technologies exhibiting the most advanced industry-leading technologies. AFGlobal's winning technologies are the Active Control Device (ACD), part of the Company's Advanced Drilling Systems offering and...
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