Latrobe plus Crucible = CPM steels continue in USA?

[wnease]

Email this article Print this article JANUARY 13, 2010
Crucible and Latrobe announce partnership for particle metallurgy
Crucible Industries LLC is pleased to announce its partnership with Latrobe Specialty Steel Distribution for the sales and marketing of Crucible Particle Metallurgy ("CPM"). Supported by more than 30 years of investment in research and development, Crucible's CPM is one of the world's most advanced powder metal materials and a critical input for companies in the automotive, aerospace and tooling industries. CPM is the "gold standard" of powder metals, and customers value CPM for its high quality and performance.

Under the arrangement, Crucible Industries will manufacture the CPM grades at its steel mill in Solvay, N.Y., and Latrobe Specialty Steel Distribution will sell the products through its eight locations in North America.

"Latrobe Distribution offers everything we wanted in a partner for our CPM grades of steel," said James Beckman, President of Crucible Industries. "They have the infrastructure, the market knowledge, and the service reputation we were looking for."

"CPM is the leading name in powder metallurgy, and we are looking forward to continuing the tradition that Crucible established with this great line of products," said David Murray, Sr. Vice President of Latrobe Distribution. "We believe Crucible Industries and Latrobe Specialty Steel Distribution are a compelling partnership, and we look forward to serving the needs of our CPM customers."

Crucible Industries LLC, located near Syracuse, N.Y., was recently purchased by JP Industries of Cleveland, Ohio, is the only manufacturer of CPM and also produces stainless and other specialty steels.

Latrobe Specialty Steel Distribution is a division of Latrobe Specialty Steel of Latrobe, Pennsylvania, and is owned by The Watermill Group of Boston, MA, Hicks Equity Partners LLC of Dallas, and Sankaty Advisors of Boston. For additional information contact James Beckman at Crucible Industries at james.beckman@crucible.com or David Murray of Latrobe Distribution at david.murray@latrobesteel.com .
CONTACT: James Beckman, Crucible Industries, james.beckman@crucible.com
or David Murray, Latrobe Distribution, david.murray@latrobesteel.com, or,
media: +1-724-532-6324

Web Site: http://www.latrobesteel.com/

Can anyone confirm or deny?

 

[george tichbourne]

One person to check this out with is Trace Mickley as he has secured a supply of both Latrobe and CPM steels.

George

 

[mete]

Future ? as long as JP does the job properly, and as long as the market is there and as long as Latrobe is happy , it will continue. It also depends on oureconomic conditions as Crucible always supplied the auto industry for much of it's business .Knife makers ? buy CPM !!