Kymera International Acquires the Assets of Royal Metal Powders
To ensure the continuity of supply for the copper powder industry, Kymera purchased the assets of Royal Metal Powder following its decision to close the Maryville, Tennessee operation due to declining market conditions.
“The copper powder markets have encountered headwinds over the past few years, but we remain committed to ensuring Kymera and Royal’s customers receive timely and high-quality supply of these critical materials for decades to come,” comments Barton White, CEO of Kymera. “As demonstrated by our recent $20 million expansion of our North Carolina facility, Kymera is positioned to provide uninterrupted, long-term supply for the entire market.”
Royal is a manufacturer of water and air atomized powders, including copper, brass, bronze, nickel/silver, tin, and phos copper. Kymera will continue operations at Royal’s facility, under the continued leadership of Mike Lutheran, President of Royal (who will be joining Kymera as a Senior Vice President), until all production can be moved to Kymera production sites in North Carolina, Pennsylvania, and Germany.