American Forgemasters Company

New Castle, Pennsylvania, USA
Active
PWR

Company overview

Founded
1970
Total funding
$2.9M DOE grant (May 2026)
Technology
PWR — Pressurised Water Reactor

About

American Forgemasters is a Pennsylvania-based heavy forging company that received $2.9 million from DOE on May 14, 2026 to procure a new furnace for domestic production of large component forgings for Gen III+ SMR deployments. Large-component nuclear forgings — reactor pressure vessel flanges, nozzles, and heads — are among the most critical and supply-constrained items in nuclear construction. American Forgemasters provides essential domestic heavy forging capability reducing dependence on overseas suppliers in Japan and South Korea.

Key investors

Private

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