LPW Technology Ltd, a producer of metal powders for 3D printing, plans to invest £20 million to build a new facility dedicated to manufacturing metal powders for additive manufacturing. This facility will create more than 120 new high quality jobs by 2018 and is the largest single investment in metal additive manufacturing in the UK to date, the company claims.

The company has also seen exports leap by over 300% during the last three years, accounting for 70% of total sales. In addition to developing and supplying metal powders for additive manufacturing, LPW’s PowderLife products include powder handling and testing equipment and quality control software for industrial users of 3D printers.

‘We have been first to market in this developing industry,’ said CEO Dr Phil Carroll. ‘With our ambitious growth plans and the support of our amazing staff we now aim to be a truly engineering company.’

LPW has also been placed in the Sunday Times Tech Track 100, sitting at number 51, making it one of only eight companies in the northwest of England to be included in the league.

This story is reprinted from material from LPWwith editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.