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Arcam, a supplier of Additive Manufacturing (AM) equipment, announced that its powder manufacturing subsidiary AP&C, in Montreal, Canada, has agreed with Investissement Québec (IQ) on a financing arrangement whereby IQ supports AP&C’s investment in a new powder plant with interest-free loans and grants.
The expansion of AP&C follows significant growth in 2015 and 2016 and a surge in demand for AP&C’s titanium powders for additive manufacturing.
Source: Arcam
Arcam’s new facility will provide manufacturing redundancy, short term capacity increase and long term expansion capability. With the present capacity and planned build-out, AP&C will reach an atomizing capacity of at least 750 tons per year.
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