Sweden’s Arcam AB investing $31M to build second Montreal-area plant
AP&C to more than double Quebec workforce as it sets sights on growth in the booming additive manufacturing industry
MONTREAL—The Swedish parent company of Canadian metal powders manufacturer Advanced Powders & Coatings (AP&C) has announced plans to build a second plant in Greater Montreal.
AP&C, which was acquired by Sweden’s Arcam AB in 2014, will invest $31 million to build a new, highly-automated facility to make metal powders used in the additive manufacturing, or 3D printing industry.
The expansion is expected create 106 new jobs, more than doubling the company’s Quebec workforce.
“This investment means that we can provide our existing and future clients with superior quality materials to meet the high manufacturing standards of the aerospace and biomedical industries,” Arcam AB president and CEO, Alain Dupont, said.
Between adding powder production from the new facility and capitalizing on advances in atomization technology, the company anticipates ramping up production significantly in 2017 and beyond.
Working mainly within the aerospace and medical industries, AP&C was founded in 2006 in Boisbriand, Que., where it employs 86 people. The company served as a one of the key suppliers of Arcam AB until it was acquired by the Swedish firm for $35 million in 2014.
The project is expected to take three years to complete.