ITT acquired Additive Manufacturing technology capabilities with an investment in CRP in 2022. ITT Inc. (NYSE: ITT) invested in CRP Technology and CRP USA (collectively “CRP”). CRP is an industry leader in developing and manufacturing reinforced composite materials for 3D printing for the aerospace, defense, premium automotive, and motorsports industries. The company’s Windform high-performance materials enable engineers to develop complex, customized designs while providing lightweight and exceptionally durable products. With this investment, ITT owns 46% of CRP Technology and 33% of CRP USA.
CRP has advanced additive manufacturing capabilities through its Windform range of materials, the leading, lightweight, fiber-reinforced composite materials for industrial 3D printing. Initially focused on manufacturing high-performing parts and applications for racing, including Formula One vehicles, CRP now works with engineers in the transportation industries to create complex designs that help reduce mass, weight, and costs, while shortening lead times and enhancing endurance.
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