On October 26, 2018, Antarctic Bear learned from foreign media that Carpenter Technology Corporation (NYSE: CRS), a producer of specialty alloys and metal powders, is headquartered in Pennsylvania and has acquired British additive manufacturing materials manufacturer LPW Technology.
LPW was acquired by Carpenter for approximately $ 81 million. Carpenter also recently announced net sales of $ 572.4 million in the first quarter of fiscal 2019.
Tony R. Thene, President and CEO of Carpenter Technology Corporation, commented: "The acquisition of LPW's metal powder lifecycle management technologies and processes will be in line with our technical expertise in producing highly engineered metal powders and additive manufacturing components. Combined. "
LPW metal powder
Founded in 2007, LPW Technology is a professional manufacturer of powder metal alloys and powder lifecycle management systems. Its products include ready-made PowderRange powders optimized for SLM, LMD, EBM and DMLS technologies, as well as PowderLife series of premium powders and processing equipment. As a result of a strategic agreement with Airbus' APWORKS subsidiary, its material portfolio includes additive manufacturing grade aluminum, cobalt, copper, titanium, steel and Scalmalloy®.
In March 2018, the company partnered with Global Advanced Metals to apply stubborn metal expertise to tantalum powder processing. In addition, at the Farnborough International Air Show 2018, LPW partnered with The Barnes Group Advisors to enhance its consulting services.
The company recently opened a new ￡ 20 million powder production facility in Cheshire.
As a member of Carpenter Phil Carroll, the LPW founder commented, "LPW's innovative platform and technology further strengthen Carpenter's position as the preferred supplier of next-generation end-to-end additive manufacturing solutions."
LPW controlled powder processing
Carpenter acquisition: Puris and CalRAM
Carpenter is a founding member of the GE Addtive Manufacturing Partner Network and is a supplier of core powders for CarTech's additive manufacturing, including stainless steel, tool steel, and copper chromium. For titanium powder, the company acquired the assets and production patents of Puris, a professional 3D printing material maker, for $ 350 million.
In addition, CalRAM, a PCM and PBM technology expert, was acquired by Carpenter in early 2018 and recently obtained aerospace quality certification.