Fansteel reports 5.4% rise in sales for 2000

In brief.,

.

Pennsylvania Industrial Heat Treaters, Inc, of St Marys, PA, a specialist in heat treating PM parts, has been acquired by Gibraltar (Buffalo, NY) for an undis closed sum. The heat treater, founded in 1987, has a 4650 m* facility and employs 60 people. 2000 sales totalled about L&$6 million. The management team will remain in place. The acquisition of Pennsylvania Industrial is Gibraltar’s first foray into the PM sector and gives the company an annualized revenue from heat-treating operations of almost $90 million.

Pressure Technology doubles HIP capacity HOT

ISOSTATIC

(HIP)

specialist

pressing

Pressure

Tech-

nology, Inc (PTl) of Warminster, PA, USA, has installed a fifth HIP

HIP

unit,

processing

doubling capacity.

addition

will

process

efficiency

also

turnaround

improve

and shorten

times,

expanding

the

while

company’s

cessing capabilities,

pro-

PTI says.

The new unit, designed built in-house, largest,

its The

and

is the company’s

with a diameter

of 760

Porvair plc reports that its sintered materials businesses performed better than expectations in 2000, with growth particularly in the USA. Overall the Porvair group saw profits before tax of E6 million, up 43%, on a turnover of f65.6 million for the year to 30 November 2000.

mm and a length

of 1750 mm.

PTI can therefore

now process

China has implemented an export quota of 16 500 tonnes on tungsten powders for 2001. This is 600 tonnes less than for 2000. Elsewhere, Canada’s North American Tungsten Corp Ltd plans to reopen its 300 000 tonnes/year tungsten mine in the Northwest Territories, probably later this year. The decision comes as a result of the rise in tungsten price and the agreement of supply deals with Osram and Sandvik.

casting

EOS GmbH, the German manufacturer of rapid prototyping systems, has extended its patent infringement lawsuit filed against DTM Corp of Austin, TX, USA. Thirteen US patents have been added to the original three covered by the filed complaint. EOS seeks compensatory damages for past infringement of approx. US$20 million.

6

MPR April

2001

larger

parts,

including

powder

billets, turbine blades and structural parts for aerospace cations.

The

pressure

capability

and operates

of 170 MPa

at temperatures

to 1340 “C, allowing pany to expand and

its services

Founded

for

diffusion

HIP

well as powder

up

the com-

densification,

bonding

appli-

unit has a high-

brazing,

as

transformed

in 1977 to design PTI soon

itself

into

a

provider

of toll HIP services.

Its

units

five

from

with

maximum ties

range

in

size

150 mm to 760 mm

diameter,

three

170

allowing

the to

capabili-

MPa

or

parts the

capability

for

The company serves a wide range of sectors including

the

aerospace,

computer,

medical,

automotive,

power

generation and powder lurgy industries.

metal-

more, of

Pressure Technology

be

tel: +l-215-674-8844;

requirements

customer’s

matched

in

offering

pressure

of

the

consolidation.

and build HIP units,

PTI’s new, large HIP unit increases the company’s powder consolidation.

to

appropriate

fax: +l-215674-4013. vwvw.pressuretechnology.com

unit.

Parts maker news

Fansteel reports 5.4% rise in sales for 2000 FANSTEEL

Inc,

tered

in North

USA,

saw

US$152.2 ended

headquarIL,

sales

of

net

million

for the year

31 December

2000, an

increase of with 1999.

5.4% The

reports

tungsten

that

products tion

compared company carbide

for the metalworking,

oil drilling

were

performers.

among

the

Net income

for 2000 was $5.9 million,

strong

in

the

2000. However, rienced

lower

up

51%

on

1999.

Fansteel

says

that

the

higher

sales volume

Fansteel

ment

castings.

company

Overall,

recorded

up 2.4%

for the quarter,

Fansteel into three Tools

its business

segments:

Industrial

manufactures

carbide

tungsten

machined

improvement

nents

cutting

carbide

tools for metalworking,

the

classifies

forgings,

in income.

with

same period of 1999.

parts; makes

tungsten

the

net sales of

compared

and

Industrial manufactures

sand Metal

Advanced closed die compo-

castings;

and

Components

investment

ings, wire forms and fasteners, and PM components.

expefor its

powdered metal (PM) and wire formed products and invest-

Structures

of

quarter

demand

along with internal efficiencies accounted for most of the Sales

remained

fourth

$35.19 million

and road construc-

markets

strong

and of sand castings,

Chicago,

cast-

PM parts are manufactured the

company’s

Sintered

by

American

Technologies

sub-

sidiary (Emporium, PA). In order to meet growing demand for its PM gears, the subsidiary is investing in

an

$1.5 million additional

compacting

press

temperature

sintering

The

expansion

in 2001

500-tonne and

highfurnace.

will be comp-

leted by the fourth quarter.

Fansteel American Sintered Technologies tel: +l-814-486-0400;

fax: +l-814-486-3852. www.fansteel.com

www.metal-powder.net