Metal Powder Products LLC (MPP) acquired NetShape Technologies Inc., a manufacturer and solutions provider of engineered metal components using powdered metal and metal injection molding (MIM) technologies headquartered in Floyds Knobs, Ind. According to MPP, the acquisition creates a global leader in powdered-metal manufacturing and provides MPP with key strategic additions such as MIM capabilities.

Westfield, Ind.-based MPP is a global provider of custom-engineered powder-metallurgy solutions for industrial applications. The company, which has nine facilities in the U.S. and China, offers material formulation, sintering, densification and powder-metallurgy joining techniques.