Sweden’s Höganäs AB has announced the formation of a new product area to meet growing market demands within Additive Manufacturing and Metal Injection Molding (MIM). The new venture, Customization Technologies, is part of Höganäs’s Industrial business area and will cover the entire value chain for AM and MIM, from application development and technology support to market development and global sales.
Kennet Almkvist, currently Senior Vice President Commercial at Höganäs, has been selected as head of the new area and is expected to continue in both roles. On the formation of Customization Technologies, he stated, “With this new venture, Höganäs becomes a strong global supplier of products and services within these fields on an international, expanding market.”
Fredrik Emilsson, CEO of Höganäs AB, added, “Höganäs already has a number of successful metal powders in AM and we see further opportunities to grow rapidly within both AM and MIM, not least through our recent acquisitions of Metasphere Technology and H.C. Starck Surface Technology and Ceramic Powder.”