Keystone Powdered Metal Company and Engineered Sintered Components to merge

March 16, 2022

Keystone has been responsible for many product innovations over its history, including this powder forged helical pinion gear (Courtesy KPMC)

Keystone Powdered Metal Company (KPMC), St Marys, Pennsylvania, USA, and Engineered Sintered Components Company (ESC), Troutman, North Carolina, both affiliates of Sumitomo Electric Industries (SEI), have announced a planned merger on March 31, 2022.

The merger is intended to leverage synergies that will strengthen their product/process portfolio and technical knowledge. The merged entity will retain the Keystone Powdered Metal Company name and will continue to serve the automotive, outdoor power equipment, and industrial equipment markets in North America.

Founded in 1927, KPMC has long been a player in the metal powder industry, responsible for many product innovations over its history. The company’s headquarters and primary manufacturing facility is located in St Marys, Pennsylvania. Keystone Powdered Metal Company also has two satellite plants in Lewis Run, Pennsylvania, and Cherryville, North Carolina. Keystone was acquired by SEI in 2016 and has become the flagship for the North American powder metal production group.

ESC was established in 1989 as a joint venture between Sumitomo Electric and Eaton Corporation for automotive valve train component manufacturing. Sumitomo went on to gain majority ownership and grew the business to become a leading supplier of powder metal components, specialising in machined products. It is located a short distance from the KPMC Cherryville facility.

“The synergies of the two companies led us to the decision to pursue the merger,” commented Michael Stauffer, KPMC president. “Today’s KPMC product mix leans heavily toward large-tonnage highly engineered transmission components, while ESC is more focused on high-precision engine components. We believe our customers will derive significant value from this merger.”

Marty Todd, ESC president added, “Merging the complementary technical staffs will serve our customers well into the future.”

www.keystonepm.com

https://global-sei.com/usa/esc/

https://sumitomoelectric.com/

In the latest issue of PM Review…

Download PDF

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

  • Hot Isostatic Pressing for the production of large, near-net shape components
  • Safeguarding PM part usage in a new automotive industry
  • How to make metal powders., Part 3
  • Company profile: Jiangxi Yuean Advanced Materials

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

From the industry…

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
Download PDF
Share via
Copy link