GKN Powder Metallurgy, a major producer of metal powder and parts, plans to acquire Forecast 3D, a specialist in plastic additive manufacturing.
According to the company, Forecast 3D, which was founded in 1994, covers additive manufacturing (AM) from concept to series production. It is headquartered in Carlsbad, California and has reportedly produced more than 3.6 million parts to date using multi jet fusion technology.
GKN says that the purchase will help it ‘achieve global market leadership in industrializing additive manufacturing’.
‘Forecast 3D is a perfect fit,’ said Peter Oberparleiter, CEO of GKN Powder Metallurgy. ‘They are everywhere we aren’t – geographies, markets, technologies and base materials. Combining our individual capabilities will present unparalleled advantages to our customer base and enable us to cross-promote additive manufacturing in metal and plastic over more diversified markets.’
This story uses material from GKN, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.
