Key Takeaways
- i3D Manufacturing has acquired Burloak Technologies to expand its metal 3D printing capacity
- Burloak Technologies has extensive capabilities in metal and polymer additive manufacturing, as well as CNC machining and Hot Isostatic Pressing (HIP)
- The acquisition brings together two companies with significant experience with EOS systems, including 30 EOS metal printers operated by i3D
- The deal is expected to strengthen i3D's position in the advanced manufacturing sector, particularly in North America
Introduction to i3D Manufacturing and Burloak Technologies
The Canadian economy is poised for growth in the advanced manufacturing sector, driven by its unique combination of natural resource wealth and technological sophistication. i3D Manufacturing, a metal additive manufacturing specialist based in Oregon, has acquired Burloak Technologies, an Ontario-based company with extensive capabilities in metal and polymer additive manufacturing.
Capabilities and Technologies
Both i3D and Burloak have significant experience with EOS systems, including metal and polymer printers. i3D operates a fleet of 30 EOS metal printers, including a recent purchase of 12 EOS M400-4 metal 3D printers, which was referred to as "one of the single largest metal AM investments ever in North America" by Glynn Fletcher, President of EOS North America. Burloak also operates both polymer and metal EOS machines, in addition to CNC machining and Hot Isostatic Pressing (HIP) capabilities.
Comparison of i3D and Burloak Technologies
| Company | Location | Additive Manufacturing Capabilities | Other Manufacturing Technologies |
|---|---|---|---|
| i3D Manufacturing | Oregon | Metal additive manufacturing (30 EOS metal printers) | - |
| Burloak Technologies | Ontario | Metal and polymer additive manufacturing (EOS systems) | CNC machining, Hot Isostatic Pressing (HIP) |
Acquisition Details
The acquisition was facilitated by private equity firm NewCap Partners, which represented Samuel, Son & Co., the previous owner of Burloak Technologies. i3D Manufacturing is part of Illinois-based advanced manufacturing network BTX Precision.
Bottom Line
The acquisition of Burloak Technologies by i3D Manufacturing is a strategic move to expand its metal 3D printing capacity and strengthen its position in the advanced manufacturing sector. With their combined capabilities and experience with EOS systems, the two companies are well-positioned to drive growth and innovation in the industry. The deal is expected to have a significant impact on the North American market, particularly in the areas of aerospace, automotive, and energy, where metal additive manufacturing is increasingly being adopted.