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Transformation Story From Bankruptcy to Breakthrough
PRE-2025 CHALLENGES
MOUNTING LIABILITIES
SYSTEMATIC SHOCKS
Liabilities climbed into the tens of millions, straining operations and limiting flexibility.
COVID-era disruptions and inflation further exposed bottlenecks in a defense industrial base already short of castings.
OUTDATED EQUIPMENT
MARKET DECLINE
Revenue stalled at $4–5M, and aging equipment left TBA unable to bid on critical DoD alloys, including C964 copper-nickel
As high-margin markets like oil and gas dried up, TBA failed to diversify into new sectors or customers to replace lost work.
The reset eliminated $50M in liabilities and aligned ownership and leadership on a unified growth strategy.
TBA transformed its model, shifting from low- margin parts to high-value, vertically integrated cast-and-machine components. By bringing services in-house, they cut costs, shortened lead times, and pushed margins. Outdated workflows were replaced with advanced processes, AI- driven capabilities, and modernized equipment. With a focus on standardized processes, lean
principles, and workforce development, we’ve built a smart manufacturing culture designed for speed, scale, and resilience. Backed by $23.7M in Navy Supplier Development Funding, we are expanding capacity, modernizing furnaces, and scaling in- demand capabilities to maximize our market advantage.
Tampa Brass & Aluminum Corp.
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