Carpenter Technology Corp., Philadelphia, announces it has acquired LPW Technology Ltd., England, for approximately $81 million. 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.
“The acquisition combines LPW’s metal powder lifecycle management technology and processes with our technical expertise in engineered metal powders and additively manufactured components,” said Tony R. Thene, Carpenter’s 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.
Carpenter’s 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 rapid AM growth.
