Ibc Advanced Alloys Corp V.IB

Alternate Symbol(s): IAALF

Metals & Mining Industrial Metals & Minerals

IBC Advanced Alloys Corp. is a beryllium and copper advanced alloys company. The Company serves various industries, such as defense, aerospace, automotive, telecommunications, precision manufacturing, and others. The Company has two divisions: Copper Alloy and Engineered Materials. The Copper Alloys division manufactures and distributes a variety of copper alloys as castings and forgings, including beryllium copper, chrome copper, and aluminum bronze. The Engineered Materials division makes the Beralcast family of alloys, which can be precision cast and are used in an increasing number of defense, aerospace, and other systems, including the F-35 Joint Strike Fighter. The Company’s products include Beryllium-Aluminum Castings, Beryllium Alloys, Copper Alloy Castings & Forgings, Copper Alloy Fabricated Shapes, Tolling Services and Consulting and Thermal Mold Super. It has production facilities in Indiana and Massachusetts.

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Ibc Advanced Alloys Corp > Todays news release,

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Post by MrDales62on May 18, 2023 9:41am

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Post# 35454294

Todays news release,

Get what you can now, or suffer even more?

If additional outside financing is not obtained in the short term, the Company will not be able to meet its obligations to pay the principal on the Debentures before the Maturity Date, resulting in an event of default under the Indentures.

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