Siemens Invests In New Materials Solutions Facility
Worcester, UK: Siemens is investing 27 million euros (US$35.5 million) in a new manufacturing facility for its UK-based additive manufacturing (AM) business.
With the opening of Materials Solutions Limited’s new site in September 2018, its number of AM machines will increase from 15 to 50 over the next five years. The expansion of the business is also expected to support the creation of around 55 new jobs, increasing the company’s team to 80.
The plant uses Siemens’ Digital Enterprise solutions, which is an end-to-end portfolio comprising software-based systems and automation components. Juergen Maier, chief executive officer, Siemens UK, commented that an investment of such scale indicates their belief that there is a lot of promise for growth and innovation in the sector of additive manufacturing. He also sees it as the next move towards becoming pioneers in industrialising 3D printing.
Materials Solutions also offers comprehensive services ranging from engineering and printing up to the complete manufacturing of parts for the aviation industry, the automotive industry, power generation and motorsports. The new facility will be essential for the business and act as the launch pad for its plans to grow globally.
CHECK OUT THESE OTHER ARTICLES
● The Economic Times Recognises Marposs India As One Of The Best Brands In Metal Cutting For 2018
● Vietnam To Remove Import Tax For Auto Materials
● 3D Systems And GF Machining Solutions Expand Partnership
● Fagor Arrasate Intelligent Stamping Systems Showcased At MetalForm China Fair
● Hexagon Manufacturing Intelligence Division To Set Up New Canadian HQ In Toronto
● igus Coating Technology Makes Abrasion-Resistant Metal Components
● PLM To Revolutionize Complex Processes Of Discrete Industries
● Sandvik Acquires Stake In Additive Manufacturing Service Provider Beam IT
● Mitsubishi Motors To Invest Seven Billion Baht In Its Thailand Facility
● Sandvik Coromant To Showcase Digital Solutions For Machining Processes At EMO 2019
WANT MORE INSIDER NEWS? SUBSCRIBE TO OUR DIGITAL MAGAZINE NOW!
FOLLOW US ON: LinkedIn, Facebook, Twitter