Carpenter Powder Products and SB Specialty Metals expand supply and marketing agreement

News
November 13, 2012

November 13, 2012

Carpenter Technology Corporation has announced an expanded long-term marketing and supply agreement between its subsidiary, Carpenter Powder Products (CPP), and strategic customer SB Specialty Metals LLC (SB). CPP is a leading global producer of gas atomised powder metal (PM) products serving a variety of industries and has facilities in Pennsylvania, Rhode Island and Sweden. SB is the largest tool steel distributor in the United States with 11 warehouse locations.

Under the expanded agreement, SB will purchase 100% of its requirements for PM tool and high speed steels from CPP. The agreement will also grant SB exclusive North American distribution rights to use the Micro-Melt® trademark in marketing and selling its products directly related to this deal.

“This type of long-term agreement demonstrates SB’s confidence in Carpenter’s ability to provide the very best products in support of their distribution business,” stated Sanjay Guglani, Carpenter’s Vice President – Performance Engineered Products. “Both Carpenter and CPP are excited to play such an integral role in SB’s immediate and future business plans,” he added.

“This agreement will extend the strong strategic relationship between SB and CPP through 2030 and will provide accelerated growth opportunities for both companies in this market area,” stated Peter Gordon, President, SB Specialty Metals LLC. “The strength of Carpenter’s powder making capabilities, combined with SB’s expertise and experience in sales and marketing of PM products, will prove to be a formidable combination. This takes our strategic relationship with CPP to a new level.”

CPP has been working with SB Specialty Metals since SB’s formation in 2010.

www.cartech.com  

Posted by: Paul Whittaker, Editor ipmd.net, [email protected]   

News | Articles | Market reviews | Search directory | Subscribe to e-newsletter

News
November 13, 2012

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