Additive Manufacturing (3D Printing)
Samuel, Son & Co. buys Burloak Technologies
March 15, 2017 By Manufacturing AUTOMATION
Mar. 14, 2017 – In an “industry-first, innovative move” into metal 3D printing, Samuel, Son & Co. has signed an agreement to purchase Burloak Technologies, a Dundas, Ont.-based manufacturer of additive manufacturing solutions.
The parties say the acquisition will allow the two companies to offer the “strongest independent supply chain solution in the North American market.”
Founded in 1855, Samuel, Son & Co. is a family-owned and operated, integrated network of metal manufacturing, processing and distribution divisions. With facilities across North America, Samuel says it intends to rapidly scale the Burloak operations to deliver 3D metal printing solutions to customers globally.
“We are very excited about this announcement and what it will mean to Samuel and its customers,” said Colin Osborne, president of Samuel Manufacturing. “Every indicator is pointing to additive manufacturing and 3D printing being a disruptive technology in many of the industries we supply.”
With 3D production metal printing capabilities, Burloak Technologies designs, prototypes and develops production parts for aerospace, defence and commercial high-tech companies.
“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,” said Peter Adams, president of Burloak Technologies. “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.”