Carpenter Buys LPW

October 25, 2018

Carpenter Technology Corp., a Philadelphia, PA-based provider of specialty alloy-based materials and process solutions, has acquired LPW Technology, Ltd. in Widnes Cheshire, United Kingdom, and with processing operations near Pittsburgh, PA. LPW develops and supplies advanced metal powders and lifecycle management solutions for metal additive manufacturing.

“The ($81-million) acquisition combines LPW’s metal powder lifecycle management technology and processes with our technical expertise in producing highly engineered metal powders and additive manufactured components,” says Tony R. Thene, Carpenter’s president and CEO.

See also: LPW Technologies, Carpenter Technology