Crucible Industries LLC entered into partnership with Latrobe Specialty Steel Distribution for the sales and marketing of Crucible Particle Metallurgy (CPM). Under the arrangement, Crucible Industries will manufacture the CPM grades at its Solvay, N.Y., steel mill and Latrobe Specialty Steel Distribution will sell the products through its eight locations in North America. Crucible's CPM is one of the world's most advanced powder metal materials and is supported by more than 30 years of investment in research and development.
Valued for its high quality and performance, CPM is a critical input for companies in the automotive, aerospace and tooling industries. Crucible Industries, which was recently purchased by JP Industries, is the only manufacturer of CPM. The company also produces stainless and other specialty steels.