“We are very excited about this announcement and what it will mean to Samuel and its customers,” says Colin Osborne, president, Samuel Manufacturing. “Every indicator is pointing to additive manufacturing and 3D printing being a disruptive technology in many of the industries we supply.”
Burloak Technologies designs, prototypes and develops production parts for aerospace, defense and commercial high tech companies. Osborne says the acquisition will enhance Samuel’s ability to support and partner with its customers and will pave the way for investment in the future of a significant market in the metals industry.
With facilities throughout North America, Samuel intends to rapidly scale the Burloak operations to deliver 3D metal printing solutions to customers globally.
Peter Adams, president, Burloak Technologies says the announcement will be welcomed by the market.
“I strongly believe this deal will deliver a level of stability and scale to the additive supply chain that both larger manufacturers and specialty players have been waiting for. It combines the stability, expertise and financial strength of a 160-year-old North American powerhouse in the metals market, with the passion for transformational engineering and manufacturing solutions that is part of the Burloak culture.”