LPW receive £3 million from AMSCI fund
LPW will build a new dedicated facility, creating 137 jobs, and further its development of advanced additive manufacturing materials through funding from the Advanced Manufacturing Supply Chain Initiative (AMSCI).
LPW produce the metal powders used in additive manufacturing and said this project will drive the development of super-clean powders of novel composition made using non-conventional powder production processes. This will enable the sustainable use of AM in a wide range of critical and demanding applications.
The company will be supported by the Welding Institute (TWI) and the Manufacturing Technology Centre (MTC), receiving a total of £3 million as part of the UK Government’s AMSCI. UK manufacturing supply chain projects will benefit from a total of £67 million of government investment, with £109 million being invested in the same projects by industry. The fund to help ‘rebuild British manufacturing prowess’ with the total project size approximately £13.2 million, part of a larger £67 million pool for UK manufacturing supply chain projects – with a further £109 million being invested by industry.
Funding through AMSCI is available to support research and development, skills training and capital investment to help UK supply chains achieve world-class standards and improve the global competitiveness of UK advanced manufacturing.
Since its incorporation in 2007, LPW has invested heavily in R&D of metal powder technology and developed new alloys, powder analysis, and helped improve the efficiency of the powder lifecycle. Last June the company established a Pittsburgh-based US subsidiary and at the start of April started a partnership with Xsecpro for the supply of Additive Manufacturing (AM) powders in Singapore, Malaysia, Thailand, and Indonesia. LPW’s founder, Dr Phil Carroll, was named Halton Chamber Entrepreneur of the year at the 2015 Halton Chamber of Commerce and Enterprise Business Awards, announced 27 April.
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