19.05.2016 16:42:00
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Arcam continues to invest in capacity at AP&C, builds new powder manufacturing plant
Regulatory News:
Arcam AB, listed on NASDAQ Stockholm and a leading supplier of Additive Manufacturing ("AM”) equipment, announces that its powder manufacturing subsidiary AP&C in Montreal, Canada, continues to add significant capacity by building a new powder manufacturing plant.
The new facility will provide manufacturing redundancy, short term capacity increase and long term expansion capability. The new capacity increase follows on significant growth in 2015 and 2016 and a surge in demand for AP&C’s high quality titanium powders for additive manufacturing. AP&C’s Plasma technology converts efficiently raw material to powder with excellent key properties such as flowability, density, chemistry and traceability. With the present capacity and planned build-out AP&C will reach an atomizing capacity of at least 750 tons per year.
"The need for high end titanium powder is driven by the fast growth and adoption of Additive Manufacturing. Arcam is determined to serve the industry through cost efficient solutions thus converting traditional manufacturing into Additive Manufacturing. A requisite is to offer highest quality powder for production at competitive cost”, says Magnus René, CEO of Arcam.
"With this investment we are committing to supply our present and future customers with superior quality materials to meet the high manufacturing standards of the biomedical and aerospace industries. With the powder plant and atomizing technology advancements, AP&C will add significant capacity in 2017 and onwards”, says Alain Dupont, President of AP&C.
Arcam Group provides cost-efficient Additive Manufacturing solutions for production of metal components. Arcam’s Electron Beam Melting (EBM®) technology offers design freedom combined with excellent material properties and high productivity. Arcam is, through its solution orientation and comprehensive product offering, an innovative partner for advanced manufacturing, primarily for the aerospace and medical industries. Arcam offers EBM systems through Arcam AB in Sweden, powder metals through AP&C in Canada and implant contract manufacturing through DiSanto in the U.S.The company is listed on Nasdaq Stockholm and the Head Office is located in Mölndal, Sweden.
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Arcam AB • Krokslätts Fabriker 27A • SE-431 37 Mölndal, Sweden • 46-31-710 32 00 • www.arcam.com
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View source version on businesswire.com: http://www.businesswire.com/news/home/20160519006075/en/
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