Burloak investing $104 million in new Additive Manufacturing Technology Center
May 8, 2018
Metal AM parts produced by Burloak Technologies (Courtesy Burloak Technologies)
Burloak Technologies, a division of Samuel, Son & Co., Dundas, Ontario, Canada, is investing a total of C$104 million (approx. US$81.5 million) in a new Additive Manufacturing Technology Center in Oakville, Ontario. Burloak designs and manufactures metal and plastic AM parts for a range of industries including aerospace, defence, energy, medical, automotive and transportation.
Assisted by C$7 million in support from Ontario’s Jobs and Prosperity Fund, Burloak Technologies’ new facility is expected to enable the company to scale up and reach new markets by developing innovative designs, improving its manufacturing processes and introducing new products.
“Additive Manufacturing is a rapidly developing technology that is destined to become a multi-billion-dollar industry,” stated Peter Adams, President and Co-founder, Burloak Technologies. “Through its investment in the Burloak Technologies Advanced Manufacturing Center, the provincial government is showing its leadership and support for innovation in the manufacturing sector and is helping to establish world-class 3D printing capabilities right here in Ontario.”
“This is great news for Burlington and for Canada’s advanced manufacturing industry,” added The Honorable Karina Gould, Canada’s Minister of Democratic Institutions. “Advanced manufacturing is an important and growing sector that is contributing to our economy and creating well-paying middle class jobs. Our government’s investment in Burloak’s project will help ensure Canada remains at the forefront of advanced manufacturing technology and a globally competitive centre for innovation. ”
In addition to the support granted to the project by Ontario’s Jobs and Prosperity Fund, the investment was said to have been made possible through the Canadian Strategic Innovation Fund, a programme designed to attract and support high-quality business investments across all sectors of the economy, by encouraging R&D that will accelerate technology transfer and the commercialisation of innovative products, processes and services, and facilitate the growth of innovative firms.
“The announcement by Burloak is a huge step for Canada’s Additive Manufacturing sector,” added Frank Defalco, Manager of Canada Makes. “We applaud the two levels of government for coming together and supporting Canada’s emerging additive sector and we look to keep working with Burloak to make Canada’s industries leaders in the adoption of additive manufacturing.”
Samuel, Son & Co. is one of North America’s largest metal manufacturing, processing and distribution companies. The company employs more than 5,200 people at over 100 facilities worldwide.
