On October 23, GKN Powder Metallurgy, one of the world ’s largest producers of metal powders and parts, announced that it has acquired FORECAST 3D, which is a leading US plastics additive manufacturing expert, providing Full range of services for mass production. The acquisition further promotes GKN Powder Metallurgy's ambition to achieve global market leadership in the industrialization of additive manufacturing. This combination will help GKN Powder Metallurgy's traditional and additive manufacturing customers to expand geographically and in markets.
FORECAST 3D was founded in 1994 and is headquartered in Carlsbad, California, serving a diverse target audience on the west coast of North America. Prior to the acquisition, GKN Powder Metallurgy's main market focus was Northwest Central America and Europe and China. By merging the two companies, GKN Powder Metallurgy is now serving all markets with a full range of 3D printing production technologies and an expanding global business layout.
FORECAST 3D leads the plastic 3D printing industry, with a batch of industrial-grade HP Jet Fusion 3D printers. FORECAST 3D and HP Multi Jet Fusion technology provide industry-leading advantages in terms of quality, speed and economy, complementing GKN Powder Metallurgy's progress in mass production of metal 3D printing.
Corey Weber, CEO and co-founder of FORECAST 3D, said: "At FORECAST 3D, we are rooted in the field of flexible, small batch polymer additive manufacturing. As we continue to expand our business scope and focus on high-volume additive manufacturing, we also What better partner than GKN? They produce more than 13 million parts every day. GKN's resources, production experience and business layout will be the ideal fuel for the new engine of FORECAST 3D, we are ready to use it to open the local press New world to be made. "
Both GKN and FORECAST 3D are pioneers using HP metal and plastic platforms. As the foundation partner of HP's digital manufacturing network, this acquisition brings two experienced parts manufacturers together, further accelerating the mass production of high-quality final parts for customers around the world.
Christoph Schell, president of HP 3D printing and digital manufacturing, said: "3D printing has huge growth opportunities and it is great to see GKN and FORECAST 3D together promote the mass production of metals and plastics. Now, customers all over the world The major producers of parts are confident that they are ready to help accelerate the transformation of digital manufacturing and deliver innovative high-quality applications. "