ST. MARYS — Steve Lanzel, president and CEO of SMC Powder Metallurgy, has announced that the company will officially become Catalus Corporation on Oct. 1.
In late 2017 SMC Powder Metallurgy Inc. began construction of a second manufacturing site, a new state-of-the-art powder metal manufacturing facility at the St. Marys Airport Industrial Park. All current manufacturing is done at their plant in Galeton.
“We changed our name to Catalus Corporation to convey the catalytic impact our new operations can now have on our customers’ success,” said Dave Parsons, vice-president of sales.
SMC began as a division of St. Marys Carbon which was founded by the late J.E. Lanzel Sr. in 1939. The carbon business and powder metal business became separate companies in 2008 and the name change will help distinguish between the two.
According to Lanzel, there are several things the name change to Catalus does not represent. “There is no change in our ownership. Our company is not for sale and is not on either side of an acquisition. Catalus will remain the same family-owned business ready to break new ground in the powder metal industry.”
Amy Schutz, business development manager, added, “In addition to manufacturing product, Catalus will begin doing more research and development work at the Galeton location. Early next year, corporate headquarters will relocate to the new building and future expansions of our manufacturing capabilities will take place there as well.”
As Catalus continues to grow, their plans include the creation of new jobs at the St. Marys facility.
Employment opportunities will be posted on their new website, CatalusCorp.com
