TPC Group Secures Funding to Bolster US Advanced Manufacturing & Supply Chain Resilience

Chicago, IL – November 13, 2025 – TPC Group, a rapidly growing consolidator of specialized manufacturing companies, announced today a substantial financing round aimed at expanding its US operations and enhancing supply chain resilience for critical industries. The funding will fuel capacity expansion, technology advancements, and geographic diversification, positioning the company to benefit from the growing trend of reshoring and nearshoring in advanced manufacturing.

TPC Group, which acquires and integrates niche manufacturers specializing in processes like photochemical etching, ceramic metallization, and precision forming, has been aggressively expanding its footprint in recent years. The company currently operates a network of facilities across the US, UK, Mexico, and Asia, serving a diverse range of industries including aerospace, defense, medical devices, and electronics.

“The timing of this investment is strategic,” said a financial analyst familiar with the advanced manufacturing space. “Global events have underscored the vulnerabilities of complex supply chains, and companies are increasingly prioritizing domestic or near-shore manufacturing to mitigate risk and ensure business continuity.”

The funding round, led by Huntington Bank, will support several key initiatives, according to company statements. These include:

• Capacity Expansion: Increasing production capacity at existing facilities to meet growing demand.
• Technological Advancement: Investing in advanced manufacturing technologies, such as automated production lines, additive manufacturing, and data analytics.
• Geographic Diversification: Expanding its manufacturing footprint in strategic locations across the US.
• Acquisition Strategy: Continuing to pursue strategic acquisitions of complementary manufacturing companies.

A Consolidation Play in a Fragmented Market

The advanced manufacturing sector remains highly fragmented, with numerous small and medium-sized companies specializing in niche processes. TPC Group’s strategy is to consolidate these companies, creating a more comprehensive and integrated manufacturing platform. This allows the company to offer a wider range of services, leverage shared resources, and improve efficiency.

“TPC is essentially building a ‘one-stop shop’ for complex manufacturing needs,” explained a supply chain consultant. “By combining specialized capabilities under one roof, they can offer customers a more streamlined and reliable solution.”

The company has already made several key acquisitions in recent years, including Precision Eforming, UPG, Pinnacle Precision, and Photofabrication Engineering, Inc (PEI). Each acquisition brings unique capabilities and expertise to the TPC platform.

“We’re focused on acquiring companies with strong technical expertise and a proven track record of innovation,” said a company representative. “We want to build a team of world-class manufacturing professionals.”

Investing in Specialized Capabilities

TPC’s acquisitions demonstrate a clear focus on specialized manufacturing processes. For instance, the acquisition of PEI enhanced the company’s titanium etching capabilities. Investments in advanced equipment and process controls have further strengthened this capability, allowing PEI to meet the demanding requirements of the aerospace and medical industries.

“We’ve seen significant investment in upgrading our facilities and expanding our capabilities since joining TPC,” said a source within PEI. “This has allowed us to take on more complex projects and serve a wider range of customers.”

Similarly, the acquisition of Precision Eforming expanded TPC’s electroforming capabilities. Electroforming is a highly specialized process used to create intricate metal parts with high precision. These parts are used in a variety of applications, including medical devices, aerospace components, and electronic connectors.

“Electroforming is a critical process for many of our customers,” said a source familiar with the company’s electroforming operations. “The investment in new equipment and process controls will allow us to meet the growing demand for these parts.”

Riding the Reshoring Wave

The timing of this investment aligns with the growing trend of reshoring and nearshoring in advanced manufacturing. Companies are increasingly bringing manufacturing operations back to the US or nearby countries to reduce supply chain risk, improve quality control, and shorten lead times.

“The pandemic exposed the vulnerabilities of global supply chains,” said a supply chain expert. “Companies are now realizing that it’s worth the investment to bring manufacturing closer to home.”

The US government is also actively promoting reshoring through various policies and incentives, including tax credits and grants. These incentives are making it more attractive for companies to invest in domestic manufacturing.

TPC Group is well-positioned to capitalize on this trend. The company has a strong presence in the US, a diversified manufacturing platform, and a commitment to innovation. By investing in capacity expansion, technology advancements, and strategic acquisitions, TPC Group is poised to become a leading provider of advanced manufacturing solutions for critical industries.

“We’re confident that this investment will allow us to continue to grow and serve our customers effectively,” said a company spokesperson. “We’re committed to building a strong and resilient manufacturing base in the US.”

The company’s commitment to operational excellence, quality management systems, and strategic investments in its acquired companies will ensure long-term growth and position it as a vital partner in securing critical supply chains for the future.