Alpha Sintered Metals has acquired metal injection molding specialist Precision Made Products, headquartered in Ohio, USA. Terms of the deal were not disclosed.
Founded in 2002, PMP has CNC machining capability serving the medical, aerospace, and firearms markets. Using its MIM manufacturing process, PMP can significantly shorten de-binding and sintering cycles which in turn can lead to low shrinkage rates, better shape stability, and very tight tolerances.
‘I was seeking a strategic partner that could help us take PMP to the next level,’ said Majid Daneshvar, founder and CEO of PMP commented. ‘Alpha's experience in powder metal manufacturing coupled with our MIM technology will create exciting opportunities for the future.’
‘Partnering with PMP will allow us to expand our capabilities, enhance our market position, and enter new markets,’ added JoAnne Ryan, CEO of Alpha Sintered Metals. ‘MIM is an important part of our growth strategy and we are very excited to be partnering with Majid and the PMP team.’
This story is reprinted from material from Alpha Sintered Metals, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.