While CPP is a global producer of gas atomized powder metal (PM) products serving a variety of industries, SB is the largest tool steel distributor in the United States.

Under the expanded agreement, SB will purchase 100% of its requirements for PM tool and high-speed steels from CPP.  The agreement will also grant SB exclusive North American distribution rights to use the Micro-Melt trademark in marketing and sell its products directly related to this deal.

“This agreement will extend the strong strategic relationship between SB and CPP through 2030 and will provide accelerated growth opportunities for both companies in this market area,” said Peter Gordon, president, SB Specialty Metals LLC. “The strength of Carpenter’s powder making capabilities, combined with SB’s expertise and experience in sales and marketing of PM products, will prove to be a formidable combination. This takes our strategic relationship with CPP to a new level.”

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