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Oerlikon invests $55 million in new R&D and AM production facility in North Carolina

June 07, 2019
Source: ASM International

Oerlikon, Switzerland, has opened a $55 million Innovation Hub & Advanced Component Production facility in Huntersville, North Carolina, as part of its ongoing U.S. growth strategy. The facility will serve as a cornerstone of Oerlikon’s additive manufacturing business in the United States.

 

The 125,000-square-foot facility currently employs about 60 people and is fully functional. Additive manufacturing requires high-tech tools, rapid prototyping, and metal and plastics 3-D printing to help customers create new components and transform production processes. With the help of Oerlikon additive manufacturing experts and these new technologies, companies can produce more complex and better performing components that are lighter and last longer, while also simplifying logistics and reducing their environmental impact.

 

This investment is part of the $400 million the company has invested in the United States in the past five years. Oerlikon expects to invest another $200 million in the next three years, adding some 400 new jobs. The Huntersville facility will continue to add jobs gradually and is poised for expansion as the business grows.

 

“This facility marks an important step in our investment strategy for growth,” says Prof. Dr. Michael Süss, Chairman of the Board of Directors, Oerlikon Group. “Additive manufacturing will play a decisive role in how industries and industrial processes will look in the future. We are committed to investing in this business and leading the industrialization of this technology.”

 

www.oerlikon.com  

Subject Classifications

Materials Processing and Treatment | Additive Manufacturing

Materials Processing and Treatment | Powder Metallurgy

Materials Processing and Treatment | Surface Engineering

Materials Processing and Treatment | Thermal Spray Technology

Materials Processing and Treatment | Welding


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