DMC Global Inc. (NASDAQ: BOOM)

DMC Global Inc. operates three manufacturing businesses: Arcadia Products, DynaEnergetics and NobelClad, which provide differentiated products and engineered solutions primarily for the construction, energy, and industrial processing markets. Arcadia Products designs, engineers, fabricates, and finishes aluminum framing systems, windows, curtain walls, storefronts, entrance systems, and interior partitions for commercial construction and also supplies customized windows and doors to the high end residential market. DynaEnergetics is a vertically integrated global manufacturer of advanced perforating systems used in oil and gas well completion, and plug and abandonment operations, designing, engineering, manufacturing, and qualifying its perforating components and systems in house. NobelClad produces explosion welded clad metal plates for corrosion resistant industrial equipment and also produces specialized transition joints for aluminum smelting, ship construction, and liquefied natural gas processing.

The company generates revenue by selling its architectural aluminum framing systems, windows, curtain walls, storefronts, entrance systems, and interior partitions through Arcadia Products; its perforating systems and related components for oil and gas well completion through DynaEnergetics; and its explosion welded clad metal plates and transition joints for corrosion resistant industrial equipment through NobelClad. Its customers include commercial construction firms, architects, high end residential builders, oilfield service companies, industrial processors such as chemical plants, aluminum smelters, and shipbuilders.

The company operates through the following segments.

• Arcadia Products: designs, engineers, fabricates, and finishes aluminum framing systems, windows, curtain walls, storefronts, entrance systems, and interior partitions for the commercial construction market and also supplies customized windows and doors to the high end residential market.

• DynaEnergetics: designs, manufactures, markets, and sells perforating systems and associated hardware for the global oil and gas industry, creating holes in well casing to allow hydrocarbon flow and supporting hydraulic fracturing and plug and abandonment operations.

• NobelClad: produces explosion welded clad metal plates for use in corrosion resistant industrial processing equipment and also manufactures specialized transition joints for aluminum smelting, ship construction, and liquefied natural gas processing.

Arcadia Products holds a differentiated position in the fragmented North American commercial window and partition market, competing against national, regional, and local manufacturers while benefiting from low cost manufacturing, effective supply chain management, broad product offerings, short lead times, and a diversified customer base.

DynaEnergetics enjoys a leadership role in the perforating systems segment of the oil and gas service industry, facing competition from independent manufacturers, and the three largest oilfield service companies, and it leverages its integrated manufacturing, safety focused initiators, and strong research and development to maintain its edge.

NobelClad maintains a premium position in the explosion welded clad market, being one of the largest producers in North America, having a strong presence in Europe and competing globally against alternative clad technologies such as hot roll bonding, and weld overlay, and it relies on its proprietary process, superior bond strength, and ability to join dissimilar metals to sustain its advantage.

The company serves commercial construction contractors, architects, high end residential builders, oilfield service companies, chemical and petrochemical processors, aluminum smelters, shipbuilders, and power generation firms.