Ferrotherm Corporation

What Ferrotherm Corporation does

Ferrotherm Corporation (DBA Ferrotherm LLC) is a privately held precision aerospace components manufacturer headquartered in a 78,000 square foot facility in Cleveland, Ohio. Founded in the late 1940s and operating continuously since, the company specializes in newly manufactured honeycomb brazed gas turbine engine components - including honeycomb seals and shrouds, rings and segments, duct segments, blade tracks, and vane assemblies - manufactured to tight aerospace tolerances. The company holds dual ISO 9001 and AS9100 certifications and operates an integrated in-house manufacturing stack spanning precision turning (capable of 3" to 70" diameter components), precision milling, grinding, welding, and electro discharge machining.

The company's commercial model is a direct Tier 1/Tier 2 aerospace supplier selling custom-manufactured hardware and reconditioning services to a named set of enterprise OEMs and government customers. Documented customers include GE Aviation, Rolls-Royce, Pratt & Whitney, Lockheed Martin, Boeing, Sikorsky, Gulfstream, ITP, Techspace Aero, and Samsung on the commercial side, and the U.S. military and NATO militaries on the defense side, with explicit program exposure to the F-35 Lightning II, B-52 Stratofortress Re-Engine Program, UH-60 Black Hawk Re-Engine Program, and Gulfstream G650. Revenue is generated through quote-based enterprise sales (new component manufacturing) and a component repair and reconditioning service line executed per customer technical orders to extend engine life.

The company is privately held, independently owned, and reports 51-100 employees. Revenue, ownership structure, and any investor backing are not publicly disclosed, and no funding rounds, M&A activity, or leadership changes are documented in the available source material. Marketing is limited to a corporate website with direct-contact sales engagement; the company does not maintain a presence on major social platforms and lists openings via Indeed rather than a built-out careers portal.

Name

Ferrotherm Corporation

Legal name

Ferrotherm LLC

Website

https://ferrotherm.com

Company type

Private

Founded year

1940

Operating status

Operating

Headcount range

51–100 employees

Short description

Ferrotherm Corporation is a privately held Cleveland-based precision aerospace manufacturer of honeycomb brazed gas turbine seals, shrouds, rings, and segments, supplying OEMs and militaries including GE, Rolls-Royce, Pratt & Whitney, Lockheed Martin, Boeing, Sikorsky, and NATO since the late 1940s.

Ownership category

akta.pro rank

Product category

Aerospace Turbine Components

SIC

Gaskets, Packg & Sealg Devices & Rubber & Plastics Hose (3050)

akta.pro primary industry

Aerospace Seals, Gaskets, O-Rings & Elastomeric Components (IMABANAF)

Keywords

• Aerospace components
• Gas turbine parts
• Honeycomb seals
• Precision machining
• Turbine engine manufacturing

Headquarters

HQ city

Cleveland

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Personnel, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. New Component Manufacturing: Ferrotherm manufactures and sells newly precision-made honeycomb brazed gas turbine components to aerospace OEMs and military customers. This is the primary revenue stream, with long-term supply relationships established since the late 1940s.
2. Component Repair and Reconditioning: Ferrotherm repairs and reconditions OEM components within serviceable limits to safely extend engine life, following customer requirements and technical orders.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Ferrotherm manufactures and supplies precision turbine brazed components, including honeycomb seals and shrouds, rings and segments, duct segments, blade tracks, and vane assemblies, for the global aerospace gas turbine engine industry. Production is performed in-house at a 78,000 square foot Cleveland, Ohio facility using honeycomb brazing, precision turning (3 to 70 inches diameter), milling, grinding, welding, and EDM. The company also provides OEM component repair and reconditioning services that extend engine life within serviceable limits.

Product overview

Ferrotherm Corporation is a precision aerospace components manufacturer specializing in newly manufactured turbine brazed gas turbine components. The company operates from a 78,000 square foot facility in Cleveland, Ohio and offers a comprehensive portfolio centered around turbine brazed components (honeycomb seals, shrouds, rings, segments, duct segments, blade tracks, and vane assemblies) supported by in-house manufacturing capabilities including precision turning (up to 70" diameter), precision milling, grinding, welding, and electro discharge machining. Ferrotherm also provides component repair and reconditioning services to extend engine life. The company has served global aerospace manufacturers including GE, Rolls-Royce, Pratt & Whitney, Lockheed Martin, Boeing, and Sikorsky since the late 1940s.

Differentiator

Problem solved

Functional benefit

Products and services

• Turbine Brazed Components

Named customers12 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Honeywell Aerospace: Honeywell manufactures complete engines, APUs, and a broad range of aerospace components including seals and engine parts. Major incumbent serving many of the same commercial and military engine programs as Ferrotherm at significantly larger scale.
• GKN Aerospace: GKN Aerospace (Melrose Industries) supplies engine structures, transparencies, and additive-manufactured aerospace components. Broad incumbent serving similar engine OEMs with overlapping structural component and additive manufacturing capabilities.
• TransDigm Group: TransDigm is a major aerospace proprietary components conglomerate with hundreds of niche product lines including seals and engine components. Indirect competitor to Ferrotherm across overlapping customers but operates a much broader portfolio of proprietary aerospace parts.
• MTU Aero Engines: MTU Aero Engines is a major engine OEM and MRO provider manufacturing and servicing turbine components for military and commercial aircraft. Overlapping customer base with Ferrotherm and significant in-house parts manufacturing capability.
• Meggitt (Parker Aerospace): Meggitt (acquired by Parker Hannifin) produces aerospace engine components, seals, and thermal management systems. Larger scale incumbent with broader product portfolio overlapping Ferrotherm's seals and engine component categories.

Direct peers

• Doncasters Group: Doncasters manufactures precision aerospace castings, rings, seals, and shrouds for jet engine OEMs including Rolls-Royce, GE, and Pratt & Whitney. Closely comparable specialty supplier to Ferrotherm in engine seals and structural rings.
• Senior plc: Senior plc operates an Aerospace division that manufactures engineered seals, fluid conveyance, and ducting for aircraft engines and airframes. Direct overlap with Ferrotherm in high-precision metal aerospace seals and structural engine components serving similar OEM customers.
• Howmet Aerospace: Howmet Aerospace (formerly Arconic) is a global leader in jet engine components including investment castings, structures, and fasteners used in turbine hot sections. Serves the same engine OEM customer base as Ferrotherm but at significantly larger scale.
• Chromalloy: Chromalloy is a leading independent provider of new parts manufacturing and engine component MRO for commercial and military turbine engines. Its dual model of OEM-equivalent new parts plus component repair directly mirrors Ferrotherm's business model, serving overlapping aerospace customers.
• IHI Corporation (Aerospace): IHI's aerospace division manufactures engine components including turbine parts and seals for commercial and military aircraft engines. Comparable supplier to major engine OEMs with overlapping component categories.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ferrotherm Corporation