Electralloy Revenue and Competitors

Electralloy's innovative melting technology provides several advantages. The new process, with a nominal melt size of 20 tons, provides enough melt capacity to meet the requirements for all current stainless steel applications in North America and is capable of producing enough stainless steel powder to match the most optimistic growth predictions. In addition, the new process provides several improvements in powder properties, especially in green strength, with values more comparable to traditional iron powder grades. This will allow fabricators to increase the yield and complexity of P/M stainless steel parts. "Electralloy is enthused with the opportunity to couple its ability to custom melt difficult alloys with Hoeganaes' leading edge powder technology," said Tracy Rudolph, president of Electralloy. "The synergy of these two fine organizations should enhance Hoeganaes' product offerings to the P/M marketplace.""This unique partnership represents a perfect fit with our strategic direction of building on our corporate strengths of being the premier custom producer of specialty steel products. We are proud to be associated with Hoeganaes in this venture," said H.L. Kephart, president, chief executive officer at G.O. Carlson Thorndale, Pa. Hoeganaes Corporation is the world's leading producer of ferrous metal powders and serves the global P/M marketplace.