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Carpenter Technology Acquires LPW

Carpenter Technology has acquired LPW Technology, a supplier of advanced metal powders and powder lifecycle management solutions to the additive manufacturing (AM) industry, for ~US $81MM.

LPW is based in the United Kingdom, with additional processing operations near Pittsburgh, Pennsylvania. According to Carpenter leadership, lifecycle management technology is becoming increasingly important in understanding how materials behave before, during and after production in the powder-bed fusion process. Further, from the company’s press release, “understanding powder behavior is critical as AM becomes more widely adopted and implemented.”

Carpenter Technology, a global provider of alloy material solutions, has made several moves to broadenits AM portfolio, including investments in Puris, a titanium powders producer, and CalRAM, a provider of electron beam and laser powder-bed fusion AM services, as well as construction of an Emerging Technology Center in Athens, Alabama.

Source: Carpenter Technology