Carpenter Technology Corporation has announced a major expansion of its Carpenter Powder Products facility in Sweden (CPP AB). Located in Torshälla, CPP AB is a joint venture operation with Sandvik Materials Technology and is one of three powder metal manufacturing sites associated with Carpenter Powder Products (CPP), a subsidiary of Carpenter Technology Corporation.
CPP is a leading global producer of gas atomised powder metal products serving a variety of industries and has additional locations in Pennsylvania and Rhode Island.
“This investment will include construction of a new building, and installation of a melting and gas atomisation unit with related powder handling equipment,” stated Per-Anders Lundh, Managing Director of CPP AB. “The new facility will more than double current capacity levels to address our customers’ increasing demand for powder metal products. The unit will also feature proprietary technological advancements to provide for improved powder metal quality and mechanical property capabilities.”
At an approximate cost of $30 million (200 MSEK), the facility expansion is scheduled for completion in early 2013. “Additional facility capacity investments are also under evaluation at our U.S. locations to support growing market demand for existing and new product offerings,” according to William Kent, Vice President – CPP & Dynamet.