AMEXCI expands its Additive Manufacturing activities through new subsidiary in Finland

Image via AMEXCI

AMEXCI, a company that develops new products using Additive Manufacturing, establishes a new subsidiary in Finland. The company has been co-founded by aerospace company SAAB, that backed the expansion into this market with an investment of 1,2 million euros.

Newly funded AMEXCI OY will establish a team of experts to work closely with companies, universities, and research institutes. Collaboration with the AM expertise in FAME – the Finnish Additive Manufacturing Ecosystem – and supporting AMEXCI’s already existing shareholder companies will be on top of the agenda, focusing on increasing the industrial adoption of these innovative technologies.

AMEXCI together with Saab, one of the twelve shareholder companies behind AMEXCI, have been working with industrial 3D printing projects to realize a more sustainable and competitive supply chain. One of the latest successful projects was exploring AM as a temporary solution for Battlefield Damage Repair of fighter planes, while waiting for the original parts to arrive. Saab’s investment into AMEXCI OY will provide the necessary means, not only for a closer collaboration between the Swedish and the Finish industries regarding adoption of Additive Manufacturing technologies, but also for long-term support and a closer collaboration between AMEXCI and its shareholders.

Edvin Resebo, CEO of AMEXCI, sees this development as a natural step towards a closer cooperation between the Nordic industries regarding Additive Manufacturing:

We are excited about the opportunity for a tighter collaboration with our shareholders and customers. This will allow us to operate closer to them within the Nordic region. We are looking forward to strengthening our team with new colleagues in Finland and discovering more possibilities within the field of Additive Manufacturing. It is important to point out that this is a long-term effort, where we are aiming to create an expanding business, that will contribute to bringing new innovations to the market.”

AMEXCI is already having activities in Finland and works closely with its shareholders, such as Wärtislä and Stora Enso. This will be a step to further strengthen the collaboration around adopting Additive Manufacturing technologies, and together, become even more sustainable and competitive on the global arena.

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