CARPENTER ENHANCES ADDITIVE MANUFACTURING CAPABILITIES WITH ACQUISITION OF LPW TECHNOLOGY LTD.

Expands Growing Leadership Position as Additive Manufacturing Solutions Provider


Incorporates Metal Powder Lifecycle Management Technology with Superior Quality Control and Traceability

PHILADELPHIA – October 24, 2018 – Carpenter Technology Corporation (NYSE: CRS) today announced it has acquired LPW Technology Ltd. (LPW), a leader in the development and supply of advanced metal powders and powder lifecycle management solutions to the Additive Manufacturing industry, for approximately $81 million. LPW is based in Widnes, Cheshire, United Kingdom with additional processing operations near Pittsburgh, Pennsylvania. LPW employs approximately 80 people.

“Our aggressive development in key aspects of Additive Manufacturing (AM) demonstrates our commitment to build on our industry-leading position in this space,” said Tony R. Thene, Carpenter’s President and Chief Executive Officer. “The acquisition combines LPW’s metal powder lifecycle management technology and processes with our technical expertise in producing highly engineered metal powders and additively manufactured components.”

Lifecycle management technology is becoming increasingly important to understanding how materials behave before, during, and after production in the powder-bed fusion process.  Understanding powder behavior is critical as AM becomes more widely adopted and implemented across various industries.

“LPW’s innovative platforms and enabling technology further solidify Carpenter’s position as a preferred provider of end-to-end next generation Additive Manufacturing solutions,” said Phil Carroll, LPW’s founder. “I’m extremely proud of the accomplishments we’ve achieved at LPW and I’m excited to be part of Carpenter’s continued growth and leadership in AM.”

Carpenter’s additive portfolio, including recent investments in Puris, a titanium powders producer; CalRAM, a leader in electron beam and laser powder-bed fusion additive manufacturing services, and construction of an Emerging Technology Center in Athens, Alabama represent a significant force positioned to capitalize on the rapid AM growth.


Connect with LPW Technology at the Fall 2018 AMC Meeting: Oct. 24th-25th

Greg Kline Represents LPW USA at Fall AMC meetingThe Fall 2018 Additive Manufacturing Consortium meeting will take place in Huntersville, North Carolina this year on both October 24th and 25th. The AMC meeting, operated by EWI (Columbus, OH), is a combination of industry, government, academic, and non-profit research organizations with ambitions of advancing metal AM technology. It is without question that LPW Technology will be attending this meeting both days.

We are delighted to have LPW’s Eastern US/Canada Regional Sales Manager, Greg Kline, attend and connect with other AM practitioners at this quarter’s meeting. Greg claims that “attending this meeting in North Carolina asserts LPW’s commitment in understanding the technical challenges within the AM industry, as well as our commitment to connecting with new and existing customers.”

The AMC General Meeting is comprised of a full day of organized activities and presentations on AM research, industry advancement, and technical discussions. LPW has several valuable case studies on topics like powder degradation, metal powder variability, atomization, and many more. These case studies can be found within our online Technical Library.

If you are interested in learning more about what LPW has to offer for your AM needs, please connect with Greg Kline next week at the AMC meeting. To get in touch with our LPW (USA) Office, see the contact information below.

Contact Information:
Email: sales.america@lpwtechnology.com
US Office Phone: +1 412-788-2856

LPW Technology Inc.
110 South Campus Dr.
Imperial, PA 15126