CARPENTER ACQUIRES LPW FOR $81M, ANNOUNCES $572M Q1 SALES

Specialty alloys and metal powder producer Carpenter Technology Corporation(NYSE: CRS), headquartered in Pennsylvania, has acquired UK additive manufacturing materials producer LPW Technology.

Controlled powder handling at LPW. Photo via LPW Technology

LPW was acquired by Carpenter for a value of approximately $81 million. Carpenter also recently reported its financial results for Q1 2019 posting $572.4 million in net sales. Read the full article here: https://3dprintingindustry.com/news/carpenter-acquires-lpw-for-81m-announces-572m-q1-sales-142122/

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