ExOne Accelerates Expansion into 3D Printed Tooling Business with Acquisition of Freshmade 3D Assets
The ExOne Company (Nasdaq: XONE), the global leader in industrial sand and metal 3D printers using binder jetting technology, today announced it has acquired the assets of Freshmade 3D, an Ohio-based startup with a patented method of creating durable AMClad tooling out of sand forms 3D printed on ExOne machines.
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The ExOne Company now offers fast, durable, and affordable AMClad Tooling. Developed by Ohio-based startup Freshmade 3D, AMClad is a patented process of infiltrating and coating 3D printed sand forms to give them strength for a wide range of tooling applications, including vacuum forming and more. (Photo: Business Wire)
The strategic move will strengthen ExOne’s position as a provider of large-format 3D printed tooling for industrial applications.
AMClad tooling, which is 3D printed in low-cost sand on ExOne systems and then infiltrated and coated using Freshmade 3D’s patented method, often eliminates weeks or months of time spent waiting for conventional tooling. What’s more, it typically offers a 30-50% cost savings.
This fast, durable, and affordable solution can be used for a wide range of tooling applications, including composite layup, vacuum forming, compression molds, urethane casting molds, trim fixtures, hydroforming, sheet metal stamping, and more. AMClad tooling is being used today by customers in the aerospace, art, architecture, automotive, construction, and energy industries.
ExOne has been developing tooling products for its large, industrial 3D printers since 2014, and currently offers sacrificial tooling for composite layup that washes out with water. However, ExOne believes Freshmade 3D’s patented approach offers additional unique benefits and can help accelerate adoption of 3D printed sand tooling solutions.
“We are delighted to add Freshmade 3D’s patented process for creating durable 3D printed tooling to our portfolio,” said John Hartner, ExOne CEO. “We plan to scale up this process for a global aerospace customer, who intends to use this tooling for composite layup of parts. This is an ideal solution for companies looking to shorten supply chains and produce tooling and final products locally.”
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“We launched AMClad with the idea of using sand 3D printing technology to deliver hard tooling faster and with more design freedom, to enable U.S. manufacturers to produce more locally and faster,” added Rich Wetzel, Freshmade 3D co-founder, who will now join ExOne’s applications team. “ExOne is the best company to accelerate this technology as we scale up for customers who’ve decided to leverage our solution to meet production goals faster. Companies are just beginning to discover how robust and affordable this technology is over conventional tooling.”