Elmet Technologies

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Now with three facilities, in Maine, New Hampshire and Germany, and over 145 employees, the deal could improve efficiency and accelerate innovation.

Elmet is the largest U.S.-owned producer of tungsten and molybdenum materials and products, with three U.S. facilities, including a Lewiston site.

The deal allows Elmet to expand its portfolio of materials that can be used to produce components for NASA and other high-performance applications.

The deal provides access to the only Western source of Western tungsten concentrate to support Elmet Technologies growth. The metal is key to defense, aerospace, medical, semiconductor and other applications.

Two Maine manufacturers and two contractors have been recognized with the 2023 Governor’s Awards for Business Excellence in four categories.

Terms were not disclosed, but the acquisition by Elmet Technologies creates a company with 500,000 square feet of facilities, nearly 400 employees and $200 million in revenue.