MTC Powder Solutions breaks ground for its new top-of-the line production site for Near-Net Shape HIP components

MTC Powder Solutions (MTC PS) part of Metal Technology Co. Ltd. (MTC) broke ground for its new advanced production site in Hallstahammar, Sweden which will produce critical component using Powder Metallurgy Hot Isostatic Pressing (PM HIP). Our components, manufactured in a vast range of stainless steels and other exotic alloys, are used in critical environments in industries such as Nuclear, Medical and Oil & Gas.

The project, named SHIN (進), reached another important milestone with the beginning of construction of a modern 9 000 m² building which will increase the capacity for NNS HIP components drastically in Europe to meet the increased demand in both existing and new industries. Since the acquisition of MTC PS, made by MTC in 2020, the company has made multiple investments, including the purchase of a state-of-the-art HIP unit, which will all be installed in the new production site.

“We are not only investing in state-of-the-art equipment but, also in people. We will be hiring for multiple positions in the near future. So, all skilled workers are encouraged to follow us on LinkedIn and other media in order to not miss the chance to be a part of our exciting journey” Commented Magnus Nyström, Managing Director at MTC PS.

The SHIN (進) project is moving ahead in accordance with the schedule and more exciting announcements regarding the development and investments are still to come. Make sure you follow the progress on our website.