Feb 27, 2018 | By Tess
Carpenter Technology, a Philadelphia-based steel and metal alloy manufacturer and distributor, has acquired MB CalRAM LLC, a California aerospace company specializing in powder bed fusion metal 3D printing services.
Carpenter Technology says it plans to expand its production of additively manufactured parts with its new acquisition.
Tony Thene, President and CEO of Carpenter, commented: “The addition of CalRAM brings industry leading technology and processes coupled with a talented team and is a strong complement to Carpenter’s deep technical experience in producing highly engineered metal powders and wire for additive manufacturing applications, including mission-critical applications such as jet-engine fuel nozzles, rocket-thrust chambers, and orthopedic implants.”
This is not Carpenter’s first major acquisition in the 3D printing industry, as the company finalized a $35 million deal with metal powder manufacturer Puris LLC almost exactly a year ago.
Its latest acquisition will reportedly enable the company to further its position in the metal additive manufacturing industry as well as improve its 3D printing capacity overall.
“CalRAM’s proven expertise and strong customer relationships will accelerate and enhance our capabilities and will further strengthen our ability to be the preferred provider of end-to-end next generation additive manufacturing solutions,” explained Thene in an official statement.
“As additive manufacturing continues to evolve into more advanced components with increasing complexity, our customers are seeking partners who can not only produce parts, but also possess metallurgical expertise to help determine the best materials and processes to fit their needs in demanding applications. Our unique combined capabilities will not only allow us to deliver the best solution for the customer, but also allow us to be a leader in the advancement of the evolution of the additive manufacturing industry.”
The details of the acquisition have not yet been disclosed.
Posted in 3D Printer Company
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