# Hyperion Materials & Technologies acquires Dura-Metal Products Corporation

Hyperion Materials & Technologies acquired Dura-Metal Products Corporation, a Pennsylvania-based manufacturer of wear- and corrosion-resistant precision tools and components from cemented carbides, ceramics, and high-speed steels. Dura-Metal employs over 100 people.

- Type: Acquisition
- Announced: 2023-05-18
- Where: Pennsylvania, United States
- Jobs: 100
- Status: completed
- Products: precision tools, wear-resistant components
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Hyperion Materials & Technologies Inc.](https://endata.com/companies/42069.md) (acquirer)
- [Dura-Metal Products Corporation](https://endata.com/companies/70373.md) (target)

## Sources

- [hyperionmt.com](https://www.hyperionmt.com/en/Company/News/hyperion-to-acquire-dura-metal/), 2023-05-18: "Hyperion Materials & Technologies, a leading global materials science company... today announced the acquisition of Dura-Metal Products Corporation."
- [prnewswire.com](https://www.prnewswire.com/news-releases/hyperion-materials--technologies-to-acquire-dura-metal-products-corporation-301828624.html), 2023-05-18: "Hyperion Materials & Technologies, a leading global materials science company that develops advanced hard and super-hard materials for a variety of industries and applications, today announced an agreement to acquire Dura-Metal Products Corporation."

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