Carpenter Expands Powder Capabilities with Acquisition of UltraFine Powder Technology, Inc. |
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Carpenter Technology Corporation
1047 North Park Road
Wyomissing, PA, 19610-1339
USA
Press release date: April 4, 2008
BRIDGEVILLE, PA (April 4, 2008) -- Carpenter Technology Corporation recently announced its Carpenter Powder Products subsidiary has acquired UltraFine Powder Technology, Inc., a private company.
UltraFine Powder, which operates a single facility in Woonsocket, R.I., is a leader in the manufacture and sale of fine gas atomized powders for the metal injection molding (MIM) industry and other specialty markets.
"UltraFine's capabilities will supplement Carpenter Powder Products' existing manufacturing facilities in Bridgeville, Pennsylvania, and Torshalla, Sweden, and will further strengthen our position as the leading supplier of gas atomized powder to the global MIM industry," said William B. Kent, vice president and general manager of CPP. "The acquisition will enable us to provide greater service to our customers with an expanded range of products and capabilities. With increased demand for finer powders in a variety of high- performance applications, CPP will be well-positioned to satisfy the requirements of our customers in this growing market area."
About Carpenter Technology Carpenter Technology produces and distributes specialty alloys, including stainless steels, titanium alloys and superalloys, and various engineered products. Detailed information about Carpenter and CPP can be accessed at our website: www.cartech.com
About Carpenter Powder Products Carpenter Powder Products offers the industry's most extensive capacity for spherical gas atomized metal powders, and supplies a wide range of products for advanced aircraft and medical alloys to stainless and tool steels. For further information about CPP, contact Bill Kent, Bridgeville, PA, USA: phone 412-257-5154; e-mail: WKent@cartech.com
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