August 18, 2016

1 Min Read
Siemens Expands Additive Manufacturing Presence
The Munich, Germany headquarters of Siemens. Image courtesy of Siemens

In an effort to increase its additive manufacturing footprint, Siemens acquired an 85% stake in Worcester, MA-based additive manufacturing processing and production firm Materials Solutions Ltd, the German company announced in earlier this month. Financial terms were not disclosed.

“With the acquisition of Materials Solutions, we are able to secure world-leading expertise in materials and AM process development with focus on high-temperature super alloys. The company’s strength is to turn models into high-quality components in record time,” said Willi Meixner, chief executive officer of Siemens’ powder and gas division. “Clearly Materials Solutions fits perfectly within our vision for growth and application of advanced technologies within our Power & Gas portfolio.”

The Massachusetts company uses selective laser melting (SLM) technology to produce high-performance metal components. One of its specialties is the manufacture of turbomachinery parts, particularly for high-temperature applications, according to Siemens.

Siemens said it is now working toward the industrialization and commercialization of additive manufacturing technology that the company has invested in over the past few years. This February, the German company opened its first production facility for metal 3D printed components.

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