Elmet Technologies
About Elmet Technologies
Elmet Technologies is a company based in Lewiston (United States) founded in 1929, and was acquired by Anania & Associates Investment Company in February 2015. High-performance molybdenum and tungsten metal products are manufactured. The company has 178 employees. Elmet Technologies has completed 2 acquisitions, including H.C. Starck and Jevco International. Elmet Technologies offers products and services including Molybdenum Products and Tungsten Products.
Company details
Elmet Technologies was founded in 1929 and is based in Lewiston, United States. Operations focus on the manufacturing sector, where high-performance metals such as molybdenum and tungsten are produced. Standard mill products and precision machined components form the core offerings. Advanced automated manufacturing and vision control systems are employed in production processes. Research and development efforts in molybdenum and tungsten materials are ongoing to expand technical knowledge.
- Headquarters Lewiston, United States
- Employees 178
- Stage Acquired
- Website elmettechnologies.com
- Social LinkedIn Facebook
- Acquired by Anania & Associates Investment Company (Feb 2015)
- Legal Name Elmet Technologies
- Latest Funding Round$10M (USD), Debt – Conventional
Jun 2017
- InvestorsMidCap Business Credit
& 1 more
- Employee Count178
- Investments & AcquisitionsH.C. Starck
& 1 more
- Acquired byAnania & Associates Investment Company
(Feb 2015)
Products & Services of Elmet Technologies
Elmet Technologies offers a comprehensive portfolio of products and services, including Molybdenum Products and Tungsten Products.
Molybdenum products are manufactured and supplied for industrial uses such as plates and rods
Tungsten products are produced and offered in forms like sheets and wires for high-performance applications
Funding Insights of Elmet Technologies
- Total Rounds 1
- Last Round Debt – Conventional — $10M
- First Round $10M
(Jun 2017)
- Investors Count 1
All 1 funding rounds of Elmet Technologies with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2017 | $10M | Debt – Conventional | – | – |
2 investors in total: 2 institutional.
Investors in Elmet Technologies
Elmet Technologies has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include MidCap Business Credit and The Elmet Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
A private equity firm focused on advanced manufacturing growth. | 2008 | anania.biz | Portland, United States | |
Working capital loans are provided to US manufacturers and distributors. | 2004 | midcap.com | West Hartford, United States |
Investor details for Elmet Technologies
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People of Elmet Technologies
14 people are tracked at Elmet Technologies (4 in leadership, 10 in team); the tracked headcount is 178.
| Name | Role | Group |
|---|---|---|
Andrew Nichols | Chief Executive Officer | Leadership |
Raymond Robishaw | Director Of Operations | Leadership |
Joe Sheridan | Head Of Information Technology Department | Leadership |
Chris Kates | Supply Chain Director | Leadership |
Njall Stefannson | Technology | Team |
Marc Lamare | Sales & Marketing | Team |
Dan Drinan | Quality & Continuous Improvement | Team |
Charles Esipila | Business System Analyst | Team |
Razel C. | Senior Staff Accountant | Team |
Carl Shawber | West Coast Regional Manager | Team |
Lee Richardson | Facility and Maintenance Manager | Team |
Derek Fox | Finance | Team |
Kevin Smith | Business Development | Team |
Dan Bobrovsky | Field Sales Manager | Team |
Complete people profiles for Elmet Technologies
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Investments & Acquisitions by Elmet Technologies
Elmet Technologies has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include H.C. Starck and Jevco International.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Tungsten powders, compounds, and carbides are manufactured for industrial uses. | hcstarck.com | Boston, United States | 1920 | Nov 2023 | •••• | |
International operations are managed from Auburn since 1997. | jevco.com | Auburn, United States | 1997 | Nov 2011 | •••• |
Complete acquisition details for Elmet Technologies
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Timeline of Elmet Technologies
5 dated milestones of Elmet Technologies across 94 years, from founding to its latest funding, stage changes and deals.
- Founded Elmet Technologies is founded.
- Acquisition Acquires Jevco International.
- Exit Acquired by Anania & Associates Investment Company.
- Funding First funding round of $10.0M.
- Acquisition Acquires H.C. Starck.
Web traffic of Elmet Technologies
The website of Elmet Technologies (elmettechnologies.com) receives about 5.7K visits a month.
- Monthly visits5.7K
▼ 13.2% vs previous month
Websites whose visitors overlap most with Elmet Technologies. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| tungsten.com | 100% | #333,575 | View details | ||
eaglealloys.com | eaglealloys.com | 79% | #1,236,573 | – | |
| hcstarck.com | 72% | 8.1K | #2,780,324 | View details | |
| plansee.com | 72% | 61.9K | #582,919 | View details | |
| mcnichols.com | 57% | #261,900 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 7 similar websites and full traffic analytics for Elmet Technologies
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Related news about Elmet Technologies
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Frequently Asked Questions about Elmet Technologies
Elmet Technologies was founded in 1929 and raised its 1st funding round 88 years after it was founded.
Elmet Technologies is headquartered in Lewiston, United States.
Elmet Technologies has 178 employees.
Elmet Technologies was founded in 1929 and is based in Lewiston, United States. Operations focus on the manufacturing sector, where high-performance metals such as molybdenum and tungsten are produced. Standard mill products and precision machined components form the core offerings. Advanced automated manufacturing and vision control systems are employed in production processes. Research and development efforts in molybdenum and tungsten materials are ongoing to expand technical knowledge.
Elmet Technologies offers Molybdenum Products and Tungsten Products.
Elmet Technologies has made 2 acquisitions, including H.C. Starck, and Jevco International.
Elmet Technologies has 2 investors. Key investors include MidCap Business Credit, and The Elmet Group.
Elmet Technologies operates through Elmet Technologies.
Yes. Elmet Technologies was acquired by Anania & Associates Investment Company in February 2015.