Key Takeaways
- Beehive Industries invests $70 million in Ohio to expand its advanced manufacturing capabilities
- The investment will create over 200 new jobs and support the production of 3D printed jet engines
- Beehive Industries aims to deliver over 8,000 engines annually, aligning with the US defense acquisition environment
- The company has acquired two machine shops in the Cincinnati area and will establish a Production Machining Center of Excellence
- Beehive Industries has also placed a $50 million order for 30 EOS machines, bringing its total fleet to 50
Introduction to Beehive Industries' Investment
Beehive Industries, a leading player in the metal 3D printing industry, has announced a significant investment of $70 million in Ohio to support its advanced manufacturing buildup for propulsion systems. This investment is part of the company's strategy to deliver over 8,000 engines annually, aligning with the shifting defense acquisition environment in the US.
Partnership with Ohio and Workforce Development
Beehive Industries has partnered with the state of Ohio, as well as workforce development nonprofits JobsOhio and REDI Cincinnati, to expand its operations in the Cincinnati area. The company will establish a Production Machining Center of Excellence (CoE) in the region, creating over 200 new jobs. This move demonstrates the company's commitment to investing in the local workforce and contributing to the growth of the advanced manufacturing industry in Ohio.
Expansion of Production Capacity
Beehive Industries has been rapidly expanding its production capacity, with a recent announcement of a $29.7 million Air Force contract and a $50 million order for 30 EOS machines. This order, the largest publicly disclosed single order in EOS history, will bring the company's total fleet of EOS machines to 50. The company's Production AM CoE in Knoxville, Tennessee, will also play a crucial role in supporting the production of 3D printed jet engines.
Comparison of 3D Printing Technologies
| Technology | Resolution | Build Speed | Materials |
|---|---|---|---|
| EOS | Up to 100 μm | Up to 100 mm/h | Various metals and alloys |
| Other 3D printing technologies | Varies | Varies | Limited material options |
Conclusion and Future Outlook
Beehive Industries' investment in Ohio is a significant step forward for the company's advanced manufacturing capabilities. With its expanded production capacity and partnership with Ohio, the company is well-positioned to deliver high-quality 3D printed jet engines to the US defense industry. As the demand for advanced manufacturing technologies continues to grow, Beehive Industries is likely to remain a key player in the industry.
Bottom Line
Beehive Industries' $70 million investment in Ohio marks a significant milestone in the company's growth and expansion. With its commitment to investing in the local workforce and contributing to the growth of the advanced manufacturing industry, the company is poised to deliver over 8,000 engines annually and support the US defense acquisition environment. As the industry continues to evolve, Beehive Industries is likely to remain a leading player in the metal 3D printing industry.