# Keystone Powdered Metal Company and Engineered Sintered Components to merge

Keystone Powdered Metal Company and Engineered Sintered Components Company, both affiliates of Sumitomo Electric Industries, announced a planned merger effective March 31, 2022. The merged entity will retain the Keystone Powdered Metal Company name and serve automotive, outdoor power equipment, and industrial equipment markets in North America.

- Type: Acquisition
- Announced: 2022-03-16
- Where: United States
- Status: announced
- Products: powder metal components, powder forged helical pinion gears, engine components, transmission components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Keystone Powdered Metal Company](https://endata.com/companies/61396.md)
- [Sumitomo Electric Industries](https://endata.com/companies/16532.md) (investor)
- [Engineered Sintered Components Company](https://endata.com/companies/61637.md) (partner)

## Sources

- [metal-powder.tech](https://www.metal-powder.tech/keystone-powdered-metal-company-and-engineered-sintered-components-to-merge/), 2022-03-16: "The synergies of the two companies led us to the decision to pursue the merger."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.