MÖLNDAL,, Sweden--(BUSINESS WIRE)--Regulatory News:
Arcam AB (STO:ARCM), listed on NASDAQ Stockholm, and leading supplier of Additive Manufacturing solutions, is expanding in the US through a new facility for sales and service in Woburn, MA, just outside Boston. Arcam Cad to Metal Inc. is headed by recently appointed President Saeed Pirooz.
Arcam has been present in the US since 2003 and Arcam Cad to Metal Inc. was founded already in 2005. The new office in Woburn, MA will cover the needs of Arcam’s rapidly growing EBM business in North America. The EBM technology, due to its high productivity, sees increased adoption by clients moving to large scale manufacturing. Significant clients in the aerospace industry include Pratt & Whitney, General Electric, CalRam and in the medical industry Medical Modeling.
As the worlds’ largest market for the Aerospace and Implant industries the US market is very important for Arcam. The new 5500 sqf facility in Woburn will provide sales, support, spare parts and consumables and house an application and training center to serve clients in North America.
”We are enthusiastic about this important step in strengthening our presence in the US and we welcome Saeed as part of our global EBM team. Saeed has a solid background in leading positions in technology industry”, says Magnus René, CEO of Arcam.
“With the infrastructure and a talented team, we are well positioned to support our customers locally and I look forward to continued growth of our business in North America”, says Saeed Pirooz, President of Arcam Cad to Metal Inc.
Arcam Group provides cost-efficient Additive Manufacturing solutions for production of metal components. Arcam’s Electron Beam Melting (EBM®) technology offers design freedom combined with excellent material properties and high productivity. Arcam is, through its solution orientation and comprehensive product offering, an innovative partner for advanced manufacturing, primarily for the aerospace and medical industries. Arcam offers EBM systems through Arcam AB in Sweden, powder metals through AP&C in Canada and implant contract manufacturing through DiSanto in the U.S.The company is listed on Nasdaq Stockholm and the Head Office is located in Mölndal, Sweden.
Arcam AB • Krokslätts Fabriker 27A • SE-431 37 Mölndal, Sweden • 46-31-710 32 00 • www.arcam.com
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