Arcam AB, listed on NASDAQ Stockholm, and a leading supplier in the Additive Manufacturing (“AM”) field, announces that its powder manufacturing subsidiary AP&C in Quebec, Canada, today officially inaugurated its new cutting-edge facility in Saint-Eustache. The manufacturing plant will welcome 106 new employees by the end of the year, making it one of the largest employers in the region and marking a significant growth for AP&C, which has quadrupled in size over the last two years.
The ceremony unfolded in the presence of Mr. Alain Dupont, President and CEO of AP&C, Magnus René, President and CEO of the Arcam Group, Mohammad Ehteshami, Vice President and General Manager of GE Additive, Per Sjögren, Swedish Ambassador to Canada, Ms. Christine St-Pierre, Minister of International Relations and La Francophonie, Ms. Linda Lapointe, Member of Parliament for Rivière-des-Milles-Îles, and Mr. Pierre Charron, Mayor of Saint-Eustache.
AP&C benefitted from the guidance, counsel and financial contribution of Canada Economic Development, Montréal International, Investissement Quebec and the Quebec Ministry of Economy, Science and Innovation. With the additive industry growing exponentially AP&C is an asset for Quebec in its transition to a renewed and innovative manufacturer.
A subsidiary of the Swedish firm Arcam AB, a GE Additive company, AP&C has invested a total of $31 million CAD in this highly-automated plant. With a total production capacity of 750 tons, and eventually 1,250 tons at full capacity, the new plant is poised to meet the growing demand in terms of quality and capacity.
“Our new facility represents a new and inspiring phase for Arcam and GE Additive and a major step for AP&C at a time when we strive to respond to the growing demand for Additive Manufacturing”, stated Alain Dupont, President of AP&C, and continued, “We are very pleased that the factory was delivered on time and on budget, thanks to the dedicated efforts of our team who led the development project. We are also especially thankful to our investors and partners without whom this accomplishment could not have been possible.”
“The need for high end titanium powder is driven by the fast growth and adoption of Additive Manufacturing. Arcam, AP&C and GE Additive are 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 and in sufficient volumes”, says Magnus René, CEO of Arcam.
About AP&C (Advanced Powders & Coatings Inc.)
AP&C, a subsidiary to Arcam AB, a GE Additive company has over the past 10 years developed extensive experience working in the production of metallic powders used in additive manufacturing (3D printing). AP&C is specialized in the production of high purity titanium metal powders used in various metallurgical applications: additive manufacturing (3D printing), metal injection molding, isostatic pressing and coatings. The company mainly serves the aerospace and biomedical markets. There are nearly 175 employees working at AP&C’s facilities in Boisbriand and Saint-Eustache.
For further information:
Magnus René, CEO and President, Arcam
Cell: +46 702 79 89 99 or +1 781 266 6957
E-mail: magnus [dot] rene [at] arcam [dot] com