CERAM Set to Expand in North America
Stoke based CERAM, one of the UK's leading materials
development, testing and analysis providers, has demonstrated its commitment
to develop new markets by acquiring the US based M & P Laboratory.
The M & P Laboratory carries out materials and process characterisation
and consultancy, with particular expertise in metallurgy, specialist
alloys and coatings. It has a turnover of $3.5 million p.a. and employs
25 staff across two sites; in Schenectady, New York State and Greenville,
South Carolina. Its customers range from defence, aerospace, automotive
to medical devices industries.
CERAM and M & P are well known to each other, and have operated
a successful marketing and commercial collaboration since 2004. As CERAM's
Chief Executive Tony Kinsella commented; "The M & P Lab was
an ideal acquisition for us as it provides a base from where CERAM can
sell its complementary materials, testing, research and consultancy
services into the American market."
He continued: "Another attraction was the potential for growth
of M & P's existing services in America due to increased demand
for testing and consultancy for nuclear energy and aerospace industries
and an influx of manufacturing companies locating in Greenville that
require testing."
Alongside the acquisition, CERAM has also invested $600,000 in an electron
probe in Greenville and a new SEM with scanning wavelength detector
for quantitative analysis, all of which add to the high level of service
available for customers.
[December 2006]
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