Simpson Thacher represented J.P. Morgan in connection with a $500 million financing for VulcanForms Inc. to accelerate the next phase of American industrial production.
The financing was led by J.P. Morgan and funds managed by Apollo and is part of JPMorgan’s $1.5 trillion Security and Resiliency Initiative (SRI), which was established to strengthen the industries and supply chains that underpin economic security. Among other things, SRI is intended to help bridge the gap between promising technology and industrial-scale production in the U.S.
VulcanForms is a pioneer in advanced digital manufacturing, reshoring the production of critical components to the U.S. Its integrated platform combines metal additive manufacturing, precision machining, automation, and physical AI to produce complex, high-performance parts. The company serves leading defense, aerospace, medical and semiconductor companies, supplying precision engineered components and assemblies.
The Simpson Thacher team included Erland Modesto, Brandon Barton, Kaylee Yocum, Khushboo Agarwal, Diana Gazaryan and Eric Dai (Banking & Credit); David Azarkh, Roxane Reardon, Matthew Hart and Yuki Zhang (Capital Markets); and Michael Mann (Tax).