Quick Summary
• Elmet Technologies, the Lewiston, Maine-based subsidiary of The Elmet Group Co. has received $4.3 million in strategic funding tied to a contract from the United States Department of War. The award is intended to grow the company’s ability to produce molybdenum-based products and other refractory metal components destined for defense applications, with a particular emphasis…
Additional Context
Elmet Technologies, the Lewiston, Maine-based subsidiary of The Elmet Group Co. has received $4.3 million in strategic funding tied to a contract from the United States Department of War. The award is intended to grow the company’s ability to produce molybdenum-based products and other refractory metal components destined for defense applications, with a particular emphasis on interceptor systems. Elmet describes itself as the only vertically integrated tungsten and molybdenum manufacturer under full U.S. ownership.
Where the Money Goes
The funding is earmarked for a series of upgrades across Elmet’s production operations. Planned investments cover precision machining, automation, and additive manufacturing, along with material feeding, post-processing, finishing, and inspection equipmen