Nichols Portland, Inc. Brands Win Awards at MPIF’s Powdermet 2023

Nichols Portland, Inc. Brands Win Awards at MPIF's Powdermet 2023 Nichols Portland, Inc. Brands Win Awards at MPIF's Powdermet 2023 Nichols Portland, Inc. Brands Win Awards at MPIF's Powdermet 2023 Nichols Portland, Inc. Brands Win Awards at MPIF's Powdermet 2023

Las Vegas, Nevada June 19, 2023 – Today, the Powder Metallurgy community recognized its best of the best as part of the Metal Powder Industry Federation’s (MPIF) annual Design Excellence Competition. The NPI organization was recognized for being a leader in the P/M technology with a total of 3 awards for the brands of Nichols Portland LLC and Alpha Precision Group.

The Nichols Portland LLC product was recognized with an Award of Distinction for a specialized gerotor set used in a series of heavy duty applications, requiring tight tolerances and material selection that support elevated level of fatigue resistant capabilities. The Alpha Precision Group received an award of distinction for Sprocket / Pulley utilized in a non-automotive application. This is a notable example of collaborating with our customer to find a cost effective technical solution with a complicated product / application. The highlight of the wins is the grand prize in the automotive category for an Oxygen Boss Sensor. Along with the specialized material and density requirements, the APG team was able to design complicated features in the tooling for the benefit of the customer’s design with limited secondary requirements.

The series of wins extends the Nichols Portland LLC’s win streak to 4 years in a row, and this will be the third year in a row for the Alpha Precision Group.

About Nichols Portland, Inc.

Headquartered in Portland Maine, Nichols consists of Nichols Portland LLC., Alpha Precision Group and Neota Product Solutions.

Nichols Portland LLC. provides system engineering to its customers and a complete fluid power or fluid transfer package. Nichols is the world’s first manufacturer of gerotors and gerotor pumps. Nichols has more than 85 years of continuous experience in the manufacturing, design, application, testing and validation of these products. In addition, we are a leader in compressive custom or off the shelf solutions for powdered metal, billet, or pump designs for fluid transfer devices.

APG is a diversified metal-forming technology company providing conventional powdered metal, high temperature stainless steel powdered metal, metal injection molding, and additive metal manufacturing (3D metal printing) components and assemblies as well as high precision valve assemblies to a global customer base. The company continues to leverage unparalleled technical expertise and innovative technologies to provide custom solutions to customers.

About Altus Capital Partners

Altus Capital Partners is a private equity firm that makes control investments in middle market manufacturing businesses that employ technology and automation. We believe that our exclusive focus on manufacturing provides us with a unique understanding of the opportunities and challenges faced by companies in the sector. We utilize a patient, thoughtful investment approach and partner with the management teams of our operating companies to achieve growth. For more information, please visit www.altuscapitalpartners.com.

For more information:

Stephen Madill

EVP, Sales & Marketing

Nichols Portland, Inc.

smadill@NicholsPortlandInc.com

Nichols Portland, Inc. Completes Acquisition of Neota Product Solutions LLC

Nichols Portland, Inc. Completes Acquisition of Neota Product Solutions LLC

PORTLAND, ME, June 9, 2023 — Thomas K. Houck, President, and CEO of Nichols Portland Inc. (“Nichols” or
the “Company”) today announced that Nichols has acquired the assets of Neota Product Solutions LLC (“Neota”).
Nichols is a portfolio company of Altus Capital Partners, an investment firm focused on middle market industrial
companies headquartered in the United States. Financial terms of the transaction were not disclosed.

Neota is a comprehensive Metal Injection Molding (MIM) solutions provider of early-stage prototyping through full-scale manufacturing. Neota is experienced in the launch of new products efficiently and effectively. Mr. Houck, stated, “The Neota acquisition is an excellent complement to our existing MIM solutions, and we welcome Jason Osborne, President of Neota, and his team to the Nichols group. Jason’s years of experience in MIM product design for manufacture will help to further accelerate the depth and breadth of our capabilities and service the ever-evolving needs of our customers.”

“The addition of Neota to Nichols portfolio of customer-focused services will further strengthen its manufacturing
capabilities as a comprehensive MIM solutions provider,” said Heidi Goldstein, Partner of Altus Capital Partners. “We are thrilled about the opportunities this partnership will provide.”

About Nichols Portland, Inc.
Headquartered in Portland Maine, Nichols consists of Nichols Portland LLC., Alpha Precision Group and Neota Product Solutions.

Nichols Portland LLC. provides system engineering to its customers and a complete fluid power or fluid transfer
package. Nichols is the world’s first manufacturer of gerotors and gerotor pumps. Nichols has more than 85 years of
continuous experience in the manufacturing, design, application, testing and validation of these products. In addition, we are a leader in compressive custom or off the shelf solutions for powdered metal, billet, or pump designs for fluid transfer devices.

APG is a diversified metal-forming technology company providing conventional powdered metal, high temperature
stainless steel powdered metal, metal injection molding, and additive metal manufacturing (3D metal printing)
components and assemblies as well as high precision valve assemblies to a global customer base. The company
continues to leverage unparalleled technical expertise and innovative technologies to provide custom solutions to
customers.

About Altus Capital Partners
Altus Capital Partners is a private equity firm that makes control investments in middle market manufacturing
businesses that employ technology and automation. We believe that our exclusive focus on manufacturing provides
us with a unique understanding of the opportunities and challenges faced by companies in the sector. We utilize a
patient, thoughtful investment approach and partner with the management teams of our operating companies to achieve growth. For more information, please visit www.altuscapitalpartners.com.

For more information:

Thomas K. Houck
President and CEO
Nichols Portland, Inc.
Thouck@NicholsPortlandInc.com

NICHOLS PORTLAND, LLC – 2022 Wins MPIF DESIGN EXCELLENCE AWARDS

Nichols Portland, LLC accepts two awards in MPIF’s 2022 Powder Metallurgy (PM) Design Excellence Awards competition.

NICHOLS PORTLAND, LLC – 2022 Wins MPIF DESIGN EXCELLENCE AWARDS

In the Automotive – Engine Category for Conventional PM components, an Award of Distinction has been given to Nichols Portland LLC, a division of Nichols Portland Inc., for an eccentric ring used in a variable displacement oil pump. The sinter-hardened parts provide enhanced performance.

In the Industrial Motors/Controls & Hydraulics Category for Conventional PM components, an Award of Distinction has been given to Nichols Portland LLC, a division of Nichols Portland Inc., for a pump head sub-assembly for fluid delivery. The assembly comprises six PM parts, an inlet plate, eccentric ring, inner and outer gerotors, a spline coupling, and an outlet plate.

Nichols Portland, LLC – 2021 MPIF Design Excellence Award

Nichols Portland, LLC accepts an award in MPIF’s 2021 international design competition.

Nichols Portland, LLC - 2021 MPIF Design Excellence Award

 

Rick Scott, Director of Engineering, and Josh Hume, Manufacturing Engineer, Nichols Portland LLC, Portland, Maine, accepted an Award of Distinction in the Hand Tools/Recreation Category of the 2021 Powder Metallurgy Design Excellence Awards Competition. The award was given for a positive displacement gerotor assembly for customized performance-racing fuel pumps. Racing applications require higher delivery pressures with fuel formulations that provide very low levels of lubricity. A novel material was developed to meet these needs in which a wear-resistant hard phase is dispersed within a matrix.

 

Nichols Portland, LLC - 2021 MPIF Design Excellence Award

 

MPIF Press Release: Nichols-Portland-win-DEA-from-MPIF.pdf
MPIF Website: Powder Metallurgy Design Excellence Awards

 

Nichols Portland, LLC – Award-Winning Part

Metal Powder Industries Federation (MPIF)
2020 Powder Metallurgy (PM) Design Excellence

An Award of Distinction in the Automotive—Engine Category for Conventional PM components, was given to Nichols Portland LLC for a variable displacement vane-pump rotor used in an automotive engine lubrication system. The three-level part possesses numerous critical tolerance features achieved with minimal secondary operations.

Winners of the 2020 Powder Metallurgy (PM) Design Excellence Awards Competition, sponsored by the Metal Powder Industries Federation (an international trade association for the metal powder producing and consuming industries), were announced recently. Receiving grand prizes and awards of distinction, the winning parts are outstanding examples of PM’s flexibility to push forward new concepts and process controls and demonstrate the inexhaustible well of capabilities PM can marshal in the service of component design. Designers continue to choose PM for critical applications such as auto engines and transmissions, medical devices, consumer products, military applications, and more.

PM is an automated metalworking process that forms metal powders into precision components used in applications such as auto engines and transmissions, hardware, industrial machinery, sporting goods, defense, and firearms. More than 800 million pounds of PM parts are made annually in North America.