Arcam AB, listed on NASDAQ Stockholm, and a leading supplier in the Additive Manufacturing (“AM”) field, announces that the new powder factory by its powder manufacturing subsidiary AP&C in Montreal, Canada, is progressing well on plan.
With its new state of the art plant, AP&C the global leader in spherical Ti powder will be the 1stdedicated AM material manufacturer to have multiple production sites. The new production facility is a significant commitment to the business and growth strategies for the future.
“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 and sufficient volumes”, says Magnus René, CEO of Arcam, and continues,
“Recently AP&C received an order for 30 tons of powder for MIM applications, confirming the fast growing need for high quality titanium powder”.
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