Hardmetal company Carpenter Technology says that it plans to add an emerging technology center on site in Athens, Alabamam, USA. According to the company, the facility will initially focus on additive manufacturing (AM) technology development, with future investments in soft magnetics and meltless titanium powder.

Carpenter aims to invest US$52 million in the center which will create approximately 60 jobs over the next five years. The company says that this move is aligned with its business strategy of becoming a complete end-to-end solutions provider in the AM area.

Carpenter recently acquired Puris LLC, a producer of titanium powder for AM and MB CalRAM LLC, which specializes in powder-bed fusion additive manufacturing technologies. It also announced a US$100 million investment in soft magnetics capabilities at its Reading, PA facility and opened an AM technology center in in the same facility.

The center is expected to open in approximately 12 months.

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