United Kingdom company LPW Technology is a provider of advanced metal powders and powder lifecycle management solutions, and today the company announced that it has been acquired by Carpenter Technology Corporation. Carpenter has been around since 1889 and has grown with the times, specialized in the production of titanium, nickel, cobalt and other quality alloys, as well as specially designed additive alloys.
Carpenter acquired LPW for approximately $81 million. Carpenter has been busy lately, acquiring titanium powders producer Puris as well as CalRAM,in the electron beam and laser powder bed melting additive manufacturing field is in the leading position.Carpenter also constructed an Emerging Technology Center in Athens, Alabama,demonstrates its commitment to the development of additive manufacturing and other technologies.
LPW is currently attending the Fall 2018 Additive Manufacturing Consortium (AMC) meeting, which is taking place in Huntersville, North Carolina on October 24th and October 25th.