US Tungsten and Molybdenum Manufacturer Elmet Receives $4.2 Million Defense Contract
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- Category: Tungsten's News
- Published on Wednesday, 11 December 2019 14:37
Lewiston-based manufacturing company, Elmet Technologies was awarded a $ 4.2 million contract from the US Department of Defense to develop tungsten heavy alloy and molybdenum products for the military. Company officials said the contract would preserve 155 jobs and create more jobs.
Tungsten and molybdenum items are widely used in a number of military applications, while there are few domestic suppliers in the United States. Elmet Technologies CEO Andy Nichols said in the release, is the only 100% U.S.-owned, fully integrated manufacturer of components using these metals.
Collins, a senior member of the U.S. Senate Committee on Appropriations, said in a statement that ensuring the availability and technological superiority of tungsten heavy alloy and molybdenum products is an important national security imperative. As a leader in the production with decades of experience working with refractory metals, Elmet is well-positioned to supply our military.
Collins believes that the funding will allow Elmet Technologies to work with the US government to produce samples of the tungsten products required by the military and evaluate them to ensure that the funds needed for development are within the target.
The funding was awarded by the Department of Defense's Industrial Base Analysis and Sustainment Program, which, according to Collins' office, helps the Pentagon prevent supply chain vulnerabilities and meet urgent operational needs. Collins successfully pushed the plan to add $ 10 million, especially in the rare metal manufacturing process.
The US Elmet Technologies was founded in 1929 and is headquartered at 1560 Lisbon Street. Lewiston. In the early years, the company was engaged in the lighting business, manufacturing bulb filaments for incandescent bulbs. At its peak, it was one of the three largest light filament manufacturers in the world and had more than 1,000 employees. At present, the company specializes in providing high-purity tungsten and molybdenum products and related alloy products for the defense, automotive, aircraft, and other industries, serving global customers with an annual growth rate at over 10%.
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