Carpenter announces acquisition of LPW Technology
October 24, 2018
Carpenter Technology Corporation, Philadelphia, Pennsylvania, USA, has acquired LPW Technology Ltd for approximately $81 million. LPW develops and supplies advanced metal powders and lifecycle management solutions to the metal Additive Manufacturing industry. LPW is based in Widnes, Cheshire, UK, and has additional processing operations near Pittsburgh, Pennsylvania, USA.
Tony R Thene, Carpenter’s President and Chief Executive Officer, stated, “Our aggressive development in key aspects of Additive Manufacturing demonstrates our commitment to build on our industry-leading position in this space. The acquisition combines LPW’s metal powder lifecycle management technology and processes with our technical expertise in producing highly engineered metal powders and additively manufactured components.”
Carpenter stated that lifecycle management technology is becoming increasingly important to understanding how materials behave before, during, and after production in Powder Bed Fusion (PBF) Additive Manufacturing. Understanding powder behavior will continue to be critical as AM becomes more widely adopted and implemented across various industries.
“LPW’s innovative platforms and enabling technology further solidify Carpenter’s position as a preferred provider of end-to-end next generation Additive Manufacturing solutions,” commented Phil Carroll, LPW’s founder. “I’m extremely proud of the accomplishments we’ve achieved at LPW and I’m excited to be part of Carpenter’s continued growth and leadership in AM.”
Carpenter’s AM portfolio also includes recent investments in Puris, a titanium powder producer; CalRAM, a leader in Electron Beam and Laser Beam Powder Bed Fusion AM services; and the construction of an Emerging Technology Center in Athens, Alabama, USA. The company stated that these recent acquisitions and investments represent a significant force positioned to capitalise on the rapid growth of the AM industry.
In the Summer 2018 issue of Metal Additive Manufacturing magazine, Bernard Williams, Consulting Editor, visited the official opening of LPW Technology’s new Widnes facility. Read the full article for free below for an overview of the company’s technology for metal powder manufacturing and lifecycle management.