AMEXCI establishes Finnish subsidiary to develop AM technologies
June 24, 2021
AMEXCI, Karlskoga, Sweden, reports that it is establishing AMEXCI OY, a subsidiary in Finland focused on developing Additive Manufacturing technologies. The subsidiary is funded by Sweden’s Saab, an AMEXCI shareholder, with a current investment of €1.2 million.
AMEXCI OY will assemble a team of experts to work closely with companies, universities, and research institutes. Top of the new subsidiary’s agenda will be collaboration with the Finnish Additive Manufacturing Ecosystem (FAME) and supporting AMEXCI’s already-existing shareholder companies in order to focus on increasing the industrial adoption of innovative technologies.
In addition, AMEXCI OY will provide expertise in defining in-depth business cases for AM, and developing process parameters for new metal alloys, that will give a competitive edge for industrial users. AMEXCI explains that Finland, a country with huge AM potential for metal applications, will benefit long-term from an increased domestic capacity.
AMEXCI and Saab have been working together on industrial Additive Manufacturing projects to realise a more sustainable and competitive supply chain. One of the latest successful projects was exploring AM as a temporary solution for battlefield damage repair of fighter planes, while waiting for the original parts to arrive.
Saab’s investment into AMEXCI OY will provide the necessary means not only for a closer collaboration between the Swedish and the Finish industries regarding adoption of AM technologies, but also for long-term support and a closer collaboration between AMEXCI and its shareholders.
Edvin Resebo, CEO of AMEXCI, commented, “We are excited about the opportunity for a tighter collaboration with our shareholders and customers. This will allow us to operate closer to them within the Nordic region. We are looking forward to strengthening our team with new colleagues in Finland and discovering more possibilities within the field of Additive Manufacturing. It is important to point out that this is a long-term effort, where we are aiming to create an expanding business, that will contribute to bringing new innovations to the market.”
