Hoeganaes to form new joint venture to produce titanium powder for Additive Manufacturing
July 28, 2016
GKN Hoeganaes has agreed to enter into a joint venture agreement with TLS Technik to manufacture titanium powders in North America for Additive Manufacturing applications. It was stated that the new facility is planned to open in 2017.
TLS is located in Bitterfeld, Germany and has 20 years of experience manufacturing titanium powder for the AM market. The new joint venture complements GKN’s previously announced powder R&D efforts in Cinnaminson, New Jersey and provides its customers with a North American source for titanium powders especially for the growing aerospace and medical markets.
GKN Hoeganaes, a subsidiary of GKN Powder Metallurgy, is a producer of metal powders for structural components with metal powder manufacturing facilities in the United States, Europe and Asia.