Greene Group Industries acquires assets of Holo
Greene Group Industries (GGI) Inc, a leading manufacturer of complex components via Metal Injection Molding (MIM), headquartered in Oceanside, California, USA, has announced the acquisition of the assets of Holo, Inc, a producer of metal additively manufactured parts based in Newark, California, USA. Holo uses its patented PureForm AM technology for the rapid prototyping and scaled production of metal parts.
Alexis Willingham, GGI’s CEO, said, “Holo’s technology is a great addition to our comprehensive offering of Metal Injection Molding, stamping and precision machining. This transaction enables GGI to deliver prototype metal parts, with a surface finish and feature resolution comparable to Metal Injection Molding, in a best-in-class lead time of less than two weeks.”
Holo’s PureForm Additive Manufacturing technology begins with a proprietary slurry of MIM powder and photoresistive polymer binder. Parts are built layer-by-layer with high resolution, high throughput optical printers developed by Holo. The resulting ‘green state’ parts are then sintered to remove all traces of binder, resulting in highly pure final parts with qualities approaching bulk material. Suitable materials in production or development include >99.9% copper, 316 and 17-4 stainless steels, CoCrMo ASTM F75, Ti-6Al-4V, Inconel 625, Hastelloy C22 and Al2O3.
Willingham added, “PureForm Additive Manufacturing technology will strengthen our partnerships with customers by supporting faster iterations through the entire product life cycle, while GGI maintains its premium engineering service and quality performance.”
The terms of the transaction were not disclosed.
