October 26, 2023
In a significant move signaling further consolidation within the additive manufacturing sector, ADDMAN Engineering LLC has announced the acquisition of Forecast 3D. This strategic acquisition, involving a division of GKN Powder Metallurgy, is poised to substantially enhance ADDMAN's extensive industrial additive fleet and comprehensive engineering capabilities.
Strategic Expansion in Polymer and Metal AM
Forecast 3D, renowned for its specialization in complex polymer components, was previously a dedicated division of GKN Powder Metallurgy. Its integration into ADDMAN Engineering marks a substantial expansion, boosting ADDMAN's industrial additive fleet to an impressive over 160 systems and extending its operational footprint to eight U.S. locations. This expansion also grows their workforce to include more than 550 skilled employees. The acquisition particularly strengthens ADDMAN's polymer additive manufacturing expertise, complementing its already robust capabilities in various advanced manufacturing processes.
Enhanced Capabilities and Sector Consolidation
The acquisition significantly bolsters ADDMAN's already diverse service offerings. The company’s capabilities now span an even more comprehensive range, including advanced metal and polymer additive manufacturing, precision machining, injection molding, and a full suite of engineering services. This allows ADDMAN to provide end-to-end solutions, from initial prototyping to full-scale production, offering clients a single, integrated source for complex manufacturing challenges. This move reflects a broader trend of consolidation in the additive manufacturing sector, as companies aim to offer more holistic and integrated solutions to meet growing industrial demand.
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