Höganäs finalises agreement to supply KBM’s AM and MIM powder sales platform
September 7, 2021
Sweden’s Höganäs AB has finalised its agreement with US-based KBM Advanced Materials for the supply of metal powders for both Additive Manufacturing and Metal Injection Moulding (MIM) applications. KBM announced its unique sales platform earlier this year, established to bridge the inventory gap between smaller lot customers and larger metal powder producers.
“Höganäs and KBM are a great culture fit for each other, as both companies emphasise offering superior service and creating value for our customers,” stated Jerome Stanley, Director of Global Sales for Customisation Technologies. “Höganäs’ high-quality products, broad capabilities, large scale, and global footprint coupled with a tech savvy, nimble and service focused distribution partner in KBM creates a very attractive offering for all customers regardless of the scale of their operations.”
KBM will offer products and services to consumers of AM and MIM powders in the USA and Canada as a first step. The business model results in KBM having large amounts of stock available for order at any given time, allowing customers to get their metal powder quickly and efficiently.
Höganäs states it will benefit from regular, predictable order patterns while reaching new customers through KBM’s platform.
Support for KBM includes equity investment from Koch Metallics, LLC, a subsidiary of Koch Minerals & Trading, LLC, headquartered in Wichita, Kansas, USA, and Sumitomo Corporation of Americas, New York City, is acting as a supply chain partner.
