Arcam subsidiary AP&C secures financing for new powder manufacturing plant


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, has agreed with Investissement Québec (IQ)
on a financing arrangement where IQ supports AP&C investment in a new powder
plant with interest free loans and grants.
The investment in a new facility was announced in May 2016. The investment is
totally up to 31 MCAD and IQ will supply interest free loans up to 10 MCAD and
grants up to 1.5 MCAD. The expansion of AP&C follows on significant growth in
2015 and 2016 and a surge in demand for AP&C’s high quality titanium powders for
additive manufacturing.

“The support from Investissement Québec and Montreal International is important
for our ability to expand quickly to address the increased demand for high end
titanium powder. Arcam is determined to serve the fast growing Additive
Manufacturing industry through cost efficient solutions thus converting
traditional manufacturing into Additive Manufacturing.  A requisite is to offer
highest quality metal powder for production at competitive cost”, says Magnus
René, CEO of Arcam.

“Montréal International, Greater Montréal’s economic development agency,
provided strategic support that has been key in making our expansion project
possible. With this investment we can provide our existing and future clients
with superior quality materials to meet the high manufacturing standards of the
aerospace and biomedical industries. The new powder production facility and
advances in atomization facility and advances in atomization technology, will
significantly increase our production capacity in 2017 and beyond,” says Alain
Dupont, President of AP&C.
For further information:

Magnus René, CEO and President, Arcam
Cell: 46 702 79 89 99 or 1 781 266 6957
E-mail: magnus.rene@arcam.com
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

Attachments

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