60 WOOSTER COURT,

FORESTVILLE, CT 06010

TEL (860) 582-9517

FAX (860) 584-8472

FAA REPAIR STATION USPR732K

METAL FINISHING TECHNOLOGIES, INC.

“A Quality Beginning for the Perfect Finish”

ISO 9001 REGISTERED

For immediate release: May 16, 2011

An ownership group, led by West Hartford, CT, businessman Peter F. Mirabello and Joseph Cambi, President of Springfield Capital Corporation, Springfield, MA, has acquired all of the assets of Metal Finishing Technologies, LLC (MFT), Bristol, CT, one of the Northeast’s leading specialty plating, coating removal, cleaning, overhaul and repair service companies.

Founded in the 1940’s, MFT established itself as a specialist in high quality and customized metal finishing. In those 70 years, the company built and earned a diverse book of business with over 400 loyal customer clients many of whom are Fortune 500 companies and/or leaders in aerospace, automotive, fastening, medical, military, and semi-conductor industries.

The company operates out of its dedicated state-of-the art 72,000 sq. ft. ISO 9001 Registered facility specifically built and designed to meet both the high volume and “small lot” requirements of its customer base. A nationally recognized source for cadmium, copper, electroless nickel, gold, silver, tin and zinc plating on a variety of base materials including zinc die cast, stainless steel and copper base alloys.

In addition to its metal finishing capabilities, Metal Finishing Technologies is an FAA and EASA Repair Station with unique capabilities allowing for the development of new programs to meet the dynamic needs of the aircraft/aerospace industry.

The MFT customer service culture, led by Vice President and GM Nikolaos Giannopoulos, is one of their greatest competitive advantages.  The pillars are: exceptional consistency in quality, quick turn times, tech support, unique chemistry processes, and engineering services provided to our customer base. MFT's nationally recognized commitment to environmental sustainability and diverse waste treatment capabilities makes it “one of the most environmentally efficient and clean facilities in the Northeast". 

Peter Mirabello, MFT President and CEO, spent his career in the aerospace business for the Pratt division of United Technologies and as an Executive Vice President for Berkshire Hathaway’s Net Jets.  "We have a great opportunity to help our clients compete globally by capitalizing on MFTs platform and unique service capabilities at a time when the region’s economic recovery in manufacturing is on the rise.  We plan to strategically grow the business while continuing to provide our clients with the exceptional service and quality they have become accustomed to from MFT.   Our people, our most valuable asset, will make this strategy possible."

MFT Principal Joseph Cambi, "Manufacturers are demanding higher quality and customized programs to better compete in this global economy. MFT's growth strategy of providing our customers with tailored metal finishing solutions by maximizing the unique skill sets of our highly skilled team and operation is being implemented as we speak.   With our new MFT capital base and aggressive strategy we plan on meeting these goals.