Carpenter Technology and BMT Aerospace Combine Expertise in Redesign and Production of Additively Manufactured Aerospace Component
LE BOURGET, France, June 14, 2019 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE:CRS) and Belgium-based BMT Aerospace today announced their cooperation in the development of an additively manufactured (AM) aerospace pinion, using Carpenter Technology’s Custom 465® Stainless.
BMT Aerospace and its subsidiary BMT Additive initiated the project by partnering with Carpenter Technology to produce a redesigned pinion. The redesign project was initiated to enable the benefits of additive manufacturing using high quality, printable material that would attain the high-performance expectations for the application. “BMT Aerospace strongly believes in the disruptive potential of additive manufacturing and its possibilities in aerospace,” explained Ewald Goossens, Business Unit Manager of BMT Additive. “As a small player in the market, we strongly believe in cooperation opportunities like these, where each partner can rely and build on a project, starting from its own expertise. Our specific knowledge in design and manufacturing in aerospace, and our abilities in custom design for metal additive manufacturing, are a perfect match with Carpenter Technology’s knowledge of high quality and innovative products.”
The cooperation between the two companies resulted in an optimized and simplified manufacturing process for the aerospace part via AM and introduces the opportunity to expand AM part production further across multiple applications. Parts were printed by Carpenter Technology’s business unit Carpenter Additive, using their high-strength, Custom 465® Stainless. Design, validation and post-processing for the redesigned pinion was done by BMT Aerospace. Both companies present the redesigned and printed pinion at their respective booths in Le Bourget, France.
“Collaborations like the one with BMT Aerospace demonstrate how partnerships across raw material, production, validation and design can rapidly bring to commercial reality new parts with next step performance potential,” said Marshall Akins, Carpenter’s Vice President, Aerospace Markets. “Carpenter Additive’s suite of capabilities presents powerful tools to accelerate our customer’s additive aspirations.”
Carpenter Technology – Media Inquiries
Carpenter Technology – Investor Inquiries
The Plunkett Group
BMT Aerospace International
Geert De Donder
+ 32 476 990992
+32 491 712824
Carpenter Technology Corporation is a recognized leader in high-performance specialty alloy-based materials and process solutions for critical applications in the aerospace, defense, transportation, energy, industrial, medical, and consumer electronics markets. Founded in 1889, Carpenter Technology has evolved to become a pioneer in premium specialty alloys, including titanium, nickel, and cobalt, as well as alloys specifically engineered for additive manufacturing (AM) processes and soft magnetics applications. Carpenter Additive, a business unit of Carpenter Technology, provides a complete “end-to-end” additive manufacturing solution to accelerate materials innovation and streamline parts production. More information about Carpenter Technology can be found at www.carpentertechnology.com or www.carpenteradditive.com.
BMT Aerospace International, part of BMT Group, is an international market-leading provider of high technology aerospace gears and components, with production facilities in Romania, Belgium and the United States. The group designs, manufactures and markets gears, mechanical components, sub-assemblies and gearboxes for the principal EOMs in the worldwide aerospace and defense business.
With BMT Additive, its subsidiary focused on additive manufacturing, it provides metal printing capabilities and supports industrial partners in engineering and radically optimizing existing designs to make full use of the flexibility of the 3D printing process through tailored DfAM (design for additive manufacturing).
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/fc68dacb-69a0-4660-8940-793aa90d5b50
One Liberty Plaza - 165 Broadway
NY 10006 New York
GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Subscribe to releases from GlobeNewswire
Subscribe to all the latest releases from GlobeNewswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire
Value Asset Management PLC Announces Launch of GBP 1 Million Equity Private Placement22.8.2019 19:09:00 CEST | Press release
Value Asset Management PLC Announces Launch of GBP 1 Million Equity Private Placement London, August 22nd, 2019. Value Asset Management PLC (VAM PLC) VAM PLC, a residential property developer within the Republic of Ireland is pleased to announce the launch of an equity private placement for gross proceeds of up to GBP 1 million. The private placement will be for up to 10,000,000 new shares in the company at a value of 10p each. Burlingtons Group, headquartered in London, have been formally engaged to conduct the placing which is intended to close by October 31st, 2019. Burlingtons Group has an extensive client and contact base across the globe through its international office base and represents many high-net-worth individuals, private investment funds, developers and banks. Burlingtons Legal LLP, which is also a member of Burlingtons Group, is separately engaged by VAM PLC to act as Bond Trustee to its “Value Asset Management PLC – 6.5% Secured Corporate Bonds 31/07/23 EUR 1 A” (ISIN:
Banks net position in the Riksbank22.8.2019 16:47:00 CEST | Press release
AUG 22, 2019 SEK MILLION LENDING BORROWING 247
DNO ASA: FAPE01 bond buyback22.8.2019 16:35:00 CEST | Press release
Oslo, 22 August 2019 - DNO ASA, the Norwegian oil and gas operator, today purchased USD 3.0 million in nominal value of FAPE01 bonds (ISIN NO0010811268) originally issued by Faroe Petroleum plc, and renamed DNO North Sea plc. The bonds were purchased at a price of 107.00. Following the bond buyback and prior cancellations due to put option exercises, USD 65.2 million in nominal value of the FAPE01 bonds remain outstanding with DNO ASA holding the balance of USD 20.6 million. The FAPE01 bonds mature on 28 April 2023. For further information, please contact: Media: firstname.lastname@example.org (mailto:email@example.com) Investors: firstname.lastname@example.org (mailto:email@example.com) Tel: +47 23 23 84 80 -- DNO ASA is a Norwegian oil and gas operator focused on the Middle East-North Africa region and the North Sea. Founded in 1971 and listed on the Oslo Stock Exchange, the Company holds stakes in onshore and offshore licenses at various stages of exploration, development and production in the Kurdista
Vaisala Digital Renews Focus and Reorganizes Operations22.8.2019 16:30:00 CEST | Press release
Vaisala Press Release August 22, 2019 Vaisala Digital Renews Focus and Reorganizes Operations To drive business performance and innovation speed, Vaisala Digital focuses on transportation, renewable energy, lightning, and data-driven operations, steps up its investments in development, and reorganizes its structure and operations. Vaisala sets a new direction for its digital business with investments into new assets, capabilities, and structure to develop industry leading digital solutions to support its customers to make best decisions in weather critical operations. In addition to the recently announced acquisition of Foreca’s professional B2B weather services business, Vaisala focuses on building up enhanced competences in machine learning and artificial intelligence, consolidates its data centers into two locations, and opens a new Vaisala Digital site in Keilaniemi, Espoo, to drive co-innovation with the software research and development community. “The acquisition of Foreca’s pro
Avance Gas Holding Ltd – Notice of Annual General Meeting22.8.2019 16:27:00 CEST | Press release
Avance Gas Holding Ltd – Notice of Annual General Meeting Avance Gas Holding Ltd (OSE: AVANCE) announces that its 2019 Annual General Meeting will be held on September 13, 2019. A copy of the Notice of Annual General Meeting and including the Company`s Consolidated Financial Statements for 2018 can be found in the links below and on our website at www.avancegas.com. For further queries, please contact: Peder C. G. Simonsen, CFO Tel: +47 22 00 48 15 / Email: firstname.lastname@example.org ABOUT AVANCE GAS Avance Gas operates in the global market for transportation of liquefied petroleum gas (LPG). The Company is one of the world's leading owners and operators of very large gas carriers (VLGC), and operates a fleet of fourteen modern ships For more information about Avance Gas, please visit: www.avancegas.com. This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. Attachments AGM Notice Avance Gas Avance Gas Annual-Report-20
Stämmokommuniké från extra bolagsstämma i Vostok New Ventures Ltd22.8.2019 16:00:00 CEST | Pressemelding
Extra bolagsstämma i Vostok New Ventures Ltd (”Bolaget”) hölls onsdagen den 22 augusti 2019 kl. 14.00 i Advokatfirman Vinges lokaler, Stureplan 8 i Stockholm. Stockholm, Aug. 22, 2019 (GLOBE NEWSWIRE) -- På extra bolagsstämma hade aktieägarna att ta ställning till om ett nytt aktiebaserat incitamentsprogram skulle antas för vissa ledande befattningshavare och nyckelpersoner inom Vostok New Ventures-koncernen. Följande beslut fattades: Stämman beslutade, i enlighet med styrelsens förslag, att anta ett femårigt prestationsbaserat incitamentsprogram som bygger på samma ekonomiska egenskaper för deltagarna och samma kriterier för att mäta prestation som de befintliga SDB-baserade incitamentsprogrammen, men som har utformats för att minska kostnaderna såväl för Bolaget som för deltagarna. Stämman beslutade, i enlighet med styrelsens förslag, att ändra Bolagets Bye-Laws (bolagsordning), varigenom en ny aktieklass, incitamentsaktier, införs. Stämman beslutade, i enlighet med styrelsens försla