27 February 2017: Runcorn, UK: LPW Technology Ltd, the market leader in the development, processing and supply of high quality metal powders for the Additive Manufacturing (AM) industry, is celebrating its debut in the Sunday Times Lloyds SME Export Track 100. The league table ranks the UK’s small and medium-sized (SME) companies with the fastest-growing international sales, and LPW has entered at No 29, making it the top-performing organisation in the North West of England.
In a rapidly developing global AM industry, LPW has been proactive in seeking out new markets. Dr Phil Carroll, Founder and CEO of LPW, comments “We understand that to achieve the challenging growth rate we have set ourselves, we have to both innovate, and look to the global market place. We recognised early that there is a world-wide demand for the premium quality, traceable metal powders we supply. To capitalise on the opportunity to supply critical industries such as medical, aerospace and automotive, we achieved the required quality certifications, including AS 9100 & AS 9120 for aerospace and ISO 13485 for medical.
“As we enter our tenth year, we’re continuing to scale up our operations,” Dr Carroll continues. “We are constructing a purpose-built £20 million facility in Widnes, and we expect to recruit to up to 120 highly-skilled positions by mid-2019.
“Our highly-trained teams put customer service at the heart of everything we do, and we direct our research and development expertise into anticipating the needs of the metal AM industry and designing forward-looking solutions that exceed current requirements,” says Dr Carroll. “We have developed a unique AM powder lifecycle management system which strictly controls risk for manufacturers, adding confidence, reliability and traceability in metal powder production and repeated AM builds.”
In 2015, exports accounted for almost 75% of LPW’s sales. It has established a thriving US subsidiary to meet the growing demand from the North and South American AM markets, has sales offices in Germany and Italy, and a global network of resellers in China, Israel, Italy, Japan, Korea, Russia, Singapore and Turkey, with plans to recruit more. Key to this international growth is LPW’s comprehensive training and support program for its network.
In 2016 LPW was awarded the Queen’s Award for Enterprise in International Trade and also entered the Sunday Times Hiscox Tech Track 100 for the first time. It can add this latest achievement to its recent Ruban d’Honneur for Import/Export at the European Business Awards.
About LPW
Established in 2007, LPW Technology is the market leader in the development, processing and supply of metal powders for additive manufacturing, and provides a comprehensive range of services for the AM industry. These services include the development of new alloys and expert application support. The company has developed a full range of optimised powders specifically for Selective Laser Melting (SLM), Laser Metal Deposition (LMD) and Electron Beam Melting (EBM) with standard powders supplied from stock, and custom and development alloys available on request.
LPW Technology has developed PowderLife®, a unique AM powder lifecycle management system which strictly controls risk for manufacturers, adding confidence, reliability and traceability in metal powder production and repeated AM builds. LPW invests heavily in cutting edge analytical technology and offers a complete powder analysis service.
LPW Technology has its headquarters in Runcorn, Cheshire, UK. In June, 2014 the company formally established a US subsidiary LPW Technology Inc. situated in Pittsburgh, Pennsylvania, providing analytical services, product inventory and sales support to North and South America.
From these locations the company supplies high quality, certified powders to a global customer base including aerospace, biomedical and automotive industries. In 2015, it opened its German sales office and has a global network of resellers in China, Israel, Italy, Japan, Korea, Russia, Singapore and Turkey.
The company operates to quality control standards: AS 9100 & AS 9120 for aerospace, ISO 9001, and ISO 13485 for medical.
LPW and PowderLife are the registered trademarks of LPW Technology Ltd.
LPW Technology is the proud recipient of the Queen’s Award for Enterprise in International Trade 2016.
Source: LPW Technology