Carpenter Technology completes acquisition of Puris LLC in $35 million deal

March 8, 2017

News
March 8, 2017

Further to our report on February 2, 2017, Carpenter Technology Corporation (NYSE:CRS), headquartered in Philadelphia, Pennsylvania, USA, has announced the completion of its previously announced acquisition of the assets and business of Puris LLC, a producer of titanium powder for Additive Manufacturing and advanced technology applications. The reported purchase price was $35 million. The acquisition included Puris’ manufacturing assets, patents and related intellectual property.

The addition of Puris provides Carpenter with immediate entry into the rapidly growing titanium powder market and an expanded presence in Additive Manufacturing, and strengthens the Company’s capabilities as a solutions provider for customers across its end-use markets. Operations will continue at Puris’ existing production site in Bruceton Mills, West Virginia, USA, with the facility operating as a functional unit of Carpenter Powder Products.

Carpenter Technology Corporation is a leading producer and distributor of premium specialty alloys, including titanium alloys, nickel and cobalt based super-alloys, stainless steels, alloy steels and tool steels. Carpenter’s powder technology capabilities support a range of next generation products and manufacturing techniques, including Additive Manufacturing and 3D Printing.

www.cartech.com

 

News
March 8, 2017

In the latest issue of Metal AM magazine

Download PDF
 

Extensive AM industry news coverage, as well as the following exclusive deep-dive articles:

  • Back to the future: A decade of Additive Manufacturing innovation and growth at Materials Solutions
  • Win or lose: A CEO’s reflections on Artificial Intelligence and Additive Manufacturing
  • AMS 2025 New York: A reality check for the Additive Manufacturing industry
  • Optimising powder removal in PBF-LB Additive Manufacturing: A Digital Twin approach
  • ValCUN’s MMD: A robust, wire-based aluminium AM technology for defence and industrial applications
  • Enhancing quality and reliability in metal Additive Manufacturing: The role of laser calibration

TRUSTED CONTENT. TARGETED AUDIENCE

Advertise with Metal AM and access a global base of 50,000+ AM professionals.

Contact Jon Craxford: [email protected]

  • AM machines
  • Process monitoring & calibration
  • Heat treatment & sintering
  • HIP systems & services
  • Pre- & post-processing technology
  • Powders, powder production and analysis
  • Part manufacturers
  • Consulting, training & market data

Don’t miss a thing – register for our newsletter

Don't miss any new issue of Metal AM magazine, and get the latest industry news. Sign up to our twice weekly newsletter.

Register now

Join 40,000+ other AM professionals – follow us online

About Metal Additive Manufacturing magazine

Metal AM magazine, published quarterly in digital and print formats, is read by a rapidly expanding international audience.

Our audience includes component manufacturers, end-users, materials and equipment suppliers, analysts, researchers and more.

In addition to providing extensive industry news coverage, Metal AM magazine is known for exclusive, in-depth articles and technical reports.

Our focus is the entire metal AM process from design to application.

Each issue is available as an easy-to-navigate digital edition and a high-quality print publication.

Discover our magazine archive…

The free to access Metal Additive Manufacturing magazine archive offers unparalleled insight into the world of metal Additive Manufacturing from a commercial and technological perspective through:

  • Reports on visits to leading metal AM part manufacturers and industry suppliers
  • Articles on technology and application trends
  • Information on materials developments
  • Reviews of key technical presentations from the international conference circuit
  • International industry news

All past issues are available to download as free PDFs or view in your browser.

Browse the archive

Share via
Copy link
Powered by Social Snap