Samuel, Son & Co invests in metal Additive Manufacturing with Burloak Technologies purchase

News
March 7, 2017

March 7, 2017

Samuel, Son & Co makes investment in metal Additive Manufacturing

Samuel, Son & Co. Limited, headquartered in Ontario, Canada, has announced its intention to invest in metal Additive Manufacturing.

The company has recently signed an agreement to purchase Burloak Technologies, based in Dundas, Ontario. Burloak Technologies specialises in the engineering and design of Additive Manufacturing solutions, including full 3D production metal printing capabilities.

“We are very excited about this announcement and what it will mean to Samuel and its customers,” stated Colin Osborne, President, Samuel Manufacturing. “Every indicator is pointing to Additive Manufacturing and 3D printing being a disruptive technology in many of the industries we supply.”

Burloak Technologies designs, prototypes and develops production parts for aerospace, defense and commercial high tech companies. Its acquisition is expected to enhance Samuel’s ability to support and partner with its customers and to pave the way for investment in the future of a significant market in the metals industry.

Peter Adams, President of Burloak Technologies, stated that the announcement would be welcomed by the market: “I strongly believe this deal will deliver a level of stability and scale to the additive supply chain that both larger manufacturers and specialty players have been waiting for,” Adams stated. “It combines the stability, expertise and financial strength of a 160-year-old North American powerhouse in the metals market, with the passion for transformational engineering and manufacturing solutions that is part of the Burloak culture.”

With facilities throughout North America, Samuel intends to rapidly scale Burloak’s operations to deliver 3D metal printing solutions to customers globally.

www.samuel.com

www.burloaktech.com

News
March 7, 2017

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