{"id":8037,"date":"2018-11-15T13:31:04","date_gmt":"2018-11-15T13:31:04","guid":{"rendered":"https:\/\/staging.asminternational.org\/hts-new\/results\/-\/journal_content\/56\/10192\/35800802\/NEWS\/"},"modified":"2023-02-07T04:48:02","modified_gmt":"2023-02-07T04:48:02","slug":"carpenter-acquires-lpw-technology-continues-additive-manufacturing-investment","status":"publish","type":"post","link":"https:\/\/www.asminternational.org\/hts\/carpenter-acquires-lpw-technology-continues-additive-manufacturing-investment\/","title":{"rendered":"Carpenter acquires LPW Technology, continues additive manufacturing investment"},"content":{"rendered":"<p style=\"margin-bottom:.0001pt\"><span style=\"line-height:normal\"><span style=\"font-size:12.0pt\">Carpenter Technology Corp., Philadelphia, announces it has acquired LPW Technology Ltd., England, for approximately $81 million.&nbsp; LPW provides advanced metal powders and management solutions to the additive manufacturing industry. With its additional processing operations near Pittsburgh, Pa., LPW employs approximately 80 people.<\/span><\/span><\/p>\n<p style=\"margin-bottom:.0001pt\">&nbsp;<\/p>\n<p style=\"margin-bottom:.0001pt\"><span style=\"line-height:normal\"><span style=\"font-size:12.0pt\">\u201cThe acquisition combines LPW\u2019s metal powder lifecycle management technology and processes with our technical expertise in engineered metal powders and additively manufactured components,&#8221; said Tony R. Thene, Carpenter\u2019s President and Chief Executive Officer. Lifecycle management technology is becoming increasingly important to understanding how materials behave before, during, and after production in the powder-bed fusion process. <\/span><\/span><\/p>\n<p style=\"margin-bottom:.0001pt\">&nbsp;<\/p>\n<p style=\"margin-bottom:.0001pt\"><span style=\"line-height:normal\"><span style=\"font-size:12.0pt\">Carpenter\u2019s additive portfolio, including recent investments in Puris, a titanium powders producer; CalRAM, a leader in electron beam and laser powder-bed fusion additive manufacturing services, and construction of an Emerging Technology Center in Athens, Alabama, represent a significant force positioned to capitalize on&nbsp; rapid AM growth. <\/span><\/span><\/p>\n<p style=\"margin-bottom:.0001pt\">&nbsp;<\/p>\n<p style=\"margin-bottom:.0001pt\"><span style=\"line-height:normal\"><span style=\"font-size:12.0pt\"><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=4dZr4jky__M2vEhsJMPjnPfoxs9-OXJtvqTbKOMBr7hQq78Lw6a4eeYAImr-z4GzZCem0u_jWg4IbG48AMuF7A==\" target=\"_blank\" rel=\"noopener\">www.cartech.com<\/a><\/span><span style=\"font-size:12.0pt\">.<\/span><\/span><\/p>\n<p style=\"margin-bottom:.0001pt\">&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Carpenter Technology Corp., Philadelphia, announces it has acquired LPW Technology Ltd., England, for approximately $81 million.<\/p>\n","protected":false},"author":63082,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[444,446,440,441,1],"tags":[],"class_list":["post-8037","post","type-post","status-publish","format-standard","hentry","category-aerospace-and-defense","category-automobiles-and-ground-transportation","category-news","category-news-articles","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - 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