Powdermet, founded in 1996, acquired an operating unit and exclusive worldwide rights to our processing technology from Ultramet in 1997. The operating group acquired was active in developing encapsulated powders since 1974, with initial patents granted for WC coated ceramic particles in 1978. This operating group successfully completed powder encapsulation process development, which was scaled-up for commercial production at Powdermet. Procedures were developed for depositing numerous metals and ceramics onto particle sizes ranging from submicrometer to 100mils.
Powdermet has acquired exclusive worldwide rights to the proprietary Chemical Vapor Deposition (CVD) technology developed at Ultramet over the past three decades (limited to particulate coating). This effort represents over 400 man-years of development and production experience. In May 1997 Powdermet moved into its Sun Valley, California facility. In September 2003 Powdermet completed moving from our California location into our new 54,000 square foot production plant in Euclid, Ohio. The Euclid plant has initial capabilities to produce 2-3 million pounds of powder per year. Since 1996 Powdermet has grown at an 80% annual rate, has completed ISO9001 quality system development and implementation, and has increased capacity to over ten R&D, pilot, and production reactors for producing up to 100,000 lb./year of nanoengineered particulates.
In 2000, Powdermet won an R&D 100 Award for its unique processing technology. R&D 100's are given to the 100 most technologically significant innovations for the year in the Western Hemisphere. Past winners of the award include the ATM, anti-lock brakes, and the fax machine.
Powdermet was founded on the principle of "Bringing the Benefits of Advanced Materials to the World" and focuses on commercial development of advanced nanoengineered composite powders for the engineered materials user community. Our mission is to change the way that advanced materials are designed and manufactured, worldwide.
Powdermet has full manufacturing facilities for producing nanoengineered powders, including the following analytical equipment: