LPW Technology Ltd, based in Runcorn, UK, has announced plans to invest over £20 million in a new UK based facility to manufacture metal powders for the Additive Manufacturing industry. It was stated that the new facility will create more than 120 new jobs by 2018.
“We have been first to market in this developing industry. With our ambitious growth plans and the support of our amazing staff we now aim to be a truly engineering company,” stated LPW’s CEO Dr Phil Carroll. “Our new facility will ensure the North West is at the forefront of materials for this new and exciting industry by exporting our products worldwide.”
LPW’s powders are used to manufacture a wide range of products from aerospace turbine components and engine parts for Formula 1 cars to medical implants such as artificial hips. In addition to developing and supplying metal powders for AM, LPW’s PowderLife products include powder handling, testing equipment and quality control software for industrial users of AM systems.
As well as a head office in Runcorn, LPW has a separate R&D facility at STFC Daresbury Labs in Warrington, UK, a fast growing facility in Pittsburgh, USA, an office in Germany and a network of resellers around the world.