Stackpole International set to implement growth strategy

October 30, 2012

October 30, 2012

Canadian Powder Metallurgy producer Stackpole International, based in Ancaster, Ontario, recently reported that it had successfully completed the refinancing of its outstanding debt by raising $165 million of senior financing from a syndicate of banks. The proceeds of the refinancing were used to repay existing outstanding debt resulting in a reduction of Stackpole’s annual debt interest costs by more than 50%. The refinancing also provides additional flexibility for Stackpole to continue to implement its growth strategy.

Stackpole was purchased by the Sterling Group in conjunction with Current Capital LLC, a private equity investment and portfolio management firm, from Gates Canada, a subsidiary of Tomkins, in August 2011 and under Sterling’s ownership the company has experienced considerable growth by expanding both its customer base and geographic end markets.

The company currently has 12 manufacturing facilities and technical centres in North America, Europe, China and Korea, employing over 2,000 people globally.  |

Posted by: Paul Whittaker, Editor, [email protected]   

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

October 30, 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:

  • From powder modification to rejuvenation: Fluidised Bed Reactors in metal powder production and Additive Manufacturing
  • Retech: Enabling the atomisation of reactive and refractory alloys at substantially higher levels of productivity and lower cost
  • Sustainability in Powder Metallurgy: Highlights from the 41st Hagen Symposium
  • Innovations from Japan’s Powder Metallurgy industry: award winners highlight novel automotive and healthcare applications

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