American National Carbide invests $4 million in company growth

Companies & MarketsNews
February 13, 2020

February 13, 2020

American National Carbide (ANC), a manufacturer of tungsten carbide products for the energy and metalworking industries headquartered in Tomball, Texas, USA, has invested $4 million in its growth plans.

According to ANC, after a successful reorganisation of the company in 2017, this investment is the culmination of a three-year effort to secure suitable financing for the ANC’s growth plans. Infrastructure improvements will reportedly include new hardware and software systems, significant building renovations, and updated lighting and HVAC throughout the operation, while extensive equipment upgrades will resolve capacity constraints in critical production areas.

“We have invested in infrastructure improvements and equipment upgrades to streamline our manufacturing processes, all in order to improve the quality of our products and the overall customer experience,” stated D Greg Stroud, President and CEO of American National Carbide. “This investment propels ANC into the new decade, well-positioned to handle current business and take advantage of future opportunities.”

The company manufactures all of its products at its Tomball headquarters, including tungsten carbide-cobalt powders, cutting and wear products for the energy industry, indexable inserts and support products for all types of metalworking applications, and various wear products.

www.anconline.com

Companies & MarketsNews
February 13, 2020

In the latest issue of PM Review…

Download PDF

Extensive Powder Metallurgy industry news coverage, and the following exclusive deep-dive articles and reports:

  • Phoenix Sintered Metals: A story of transformation, growth and community from America’s PM heartland
  • World PM2024 Yokohama: The stage is set for the PM industry to find a path to sustainable growth
  • The state of Europe’s hard magnets industry and the challenge of optimising the mass production of Nd2Fe14B permanent magnets

The latest news from the world of metal powders, delivered to your inbox

Don't miss any new issue of PM Review, and get the latest industry news. Sign up to our weekly newsletter.

Sign up

Join our community

Discover our magazine archive…

The free-to-access PM Review magazine archive offers unparalleled insight into the world of Powder Metallurgy from a commercial and technological perspective through:

  • Reports on visits to leading PM part manufacturers, metal powder manufacturers and industry suppliers
  • Articles on technology and application trends
  • Information on materials developments
  • Reviews of key technical presentations from the international conference circuit
  • International industry news

All past issues are available to download as free PDFs or view in your browser.

 

Browse the archive

 

Looking for PM production equipment, metal powders, R&D support and more?

Discover suppliers of these and more in our
advertisers’ index and buyer’s guide, available in the back of PM Review magazine.

  • Powders & materials
  • Powder process, classification & analysis
  • PM products
  • Atomisers & powder production technology
  • Compaction presses, tooling & ancillaries
  • Sintering equipment & ancillaries
  • Post-processing
  • Consulting & toll sintering
View online
Share via
Copy link