Netshape Technologies acquires Capstan Tennessee

December 16, 2014

NetShape Technologies, Inc., based in Floyds Knobs, Indiana, USA, has announced the acquisition of Capstan Tennessee Inc., a leading Powder Metallurgy (PM) competitor serving the precision components market. The terms of the transaction have not been disclosed.

Following the announcement the Capstan Tennessee facility will be known as NetShape Rockwood. “We are very excited to add the Rockwood facility to the NetShape team. This acquisition adds significant technology and capabilities to NetShape, further expanding our addressable applications in the market and supporting our goal of being the leader in innovative customer solutions,” stated Dax Whitehouse, Chief Executive Officer of NetShape.

Capstan Tennessee’s former General Manager, Loren Bone, has assumed the role of Director of Operations for NetShape Rockwood. “I am looking forward to becoming a part of NetShape and to be able to expand our sales, marketing and engineering capabilities to better serve our customers,” stated Bone.

“The plant in Rockwood, which is ISO 9001 registered, has an outstanding reputation in the market and brings significant added technology to NetShape, further helping us to serve your needs more fully. This acquisition is additive to our capabilities and capacity, and we do not anticipate product shifts between plants,” stated Don Leonard, Chief Marketing Officer .

NetShape Technologies is a global manufacturer and metal components supplier with manufacturing and sales sites located in North America, Asia and Europe. NetShape designs and produces engineered components via Powder Metallurgy (PM) and Metal Injection Moulding (MIM) technologies.

capstan

www.netshapetech.com  


Powder Metallurgy Review magazine:

Your email address:


Useful links: Download PM Review magazine | News headlines | Browse articles 


Recent issue of Powder Metallurgy review - your go-to resource to stay updated on the world of powder metallurgy and metal powders

In the latest issue of PM Review…

PM Review Spring 2023

Download PDF

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

  • GKN Powder Metallurgy: A strategic vision for the future of permanent magnets for EVs
  • Building trust in the Powder Metallurgy industry: The role of standardisation and an update on recent work by ISO/TC 119
  • High-volume powder production for Additive Manufacturing: SMS group’s continuous metal powder production process
  • Development of enhanced-performance PM brake pads for high-speed trains by Beijing Tianyishangjia New Material Corp., Ltd.
  • The START project: Creating a sustainable supply chain for green energy harvesting products by Powder Metallurgy
  • World PM2022: Reviewing three innovative methods for metal powder production

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

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