SIFCO Industries, Inc. (SIFCO) is engaged in the production and sale of a range of metalworking processes, services and products produced to the specific design requirements of its customers. The processes and services include forging, heat-treating, coating, welding, machining, and selective electrochemical finishing. The products include forged components, machined forged parts and other machined metal components, remanufactured component parts for aerospace turbine engines, and selective electrochemical finishing solutions and equipment. The Company�s operations are conducted in three business segments: Aerospace Component Manufacturing Group, Turbine Component Services and Repair Group (Repair Group) and Applied Surface Concepts Group (ASC Group). On October 28, 2011, the Company acquired the forging business and related assets of GEL industries, Inc. In December 2012, it divested its Applied Surface Concepts (ASC) business segment to Norman Hay plc located in the United Kingdom.