This paper presents the design and development of a novel Arc Welding Power Supply utilizing a modified two-switch forward converter topology. The proposed design improves the power quality by improving power factor to near unity and reducing total harmonic distortion. State space analysis of the proposed circuit showed that the circuit followed a boost-buck input output relationship. Simulation of the circuit was first implemented in LTspice to verify the functionality of the new topology. Hardware implementation of the proposed design was built on a scaled-down prototype for a proof-of-concept of the new topology. The prototype specifications were created for a 5A, 20V output with a 20-24V, 60Hz input. This project demonstrated that the proposed new topology was successful in obtaining a near unity power factor and a total harmonic distortion of less than 2%. Additionally, the prototype followed the simulation and calculations of a boost-buck function while varying duty cycle, and the final measurements aligned well with waveforms from the simulation.