LPW Technology Ltd, a Runcorn-based company, which produces high quality metal powders for 3D printing, is currently celebrating its prestigious Queen’s Award for Enterprise in International Trade by announcing plans to bring high quality jobs and substantial investment to the region. LPW Technology formally accepted the award, the first Queen’s Award presented in the 3D metal printing industry, at its Runcorn facility, and staff were congratulated by David Briggs MBE, Her Majesty’s Lord Lieutenant for Cheshire.
The award was given in recognition of the company’s exceptional overseas expansion, which has seen exports leap by over 300% during the last three years, accounting for 70% of total sales. CEO and entrepreneur Dr Phil Carroll revealed ambitious plans to invest in new facilities in Halton by building a new facility dedicated to manufacturing metal powders for Additive Manufacturing. This facility will create more than 120 new high quality jobs by 2018 and is the largest single investment in metal Additive Manufacturing in the UK to date.
Dr Carroll said: “I am absolutely thrilled that LPW has received a Queen’s Award, the most prestigious corporate achievement that any UK business can attain, and am grateful to my exceptional team for all their hard work. Such a prestigious award reflects the skill and dedication of all our staff in growing a sustainable technical company working alongside aerospace and medical device industries where quality and traceability are paramount.”