MARKETWIRED PHOTO/Samuel, Son & Co., Limited
Samuel Burloak Tech metal 3D printing
Samuel Manufacturing President Colin Osborne and Peter Adams, President Burloak Technologies, hold a component produced with Burloak's 3D metal printing technology.
Canada-based metal manufacturing firm, Samuel, Son & Co. has signed an agreement to acquire additive manufacturing company, Burloak Technologies.
Samuel is looking to reinforce its status as a leader in the metals industry by moving into the AM and 3D printing sector.
Burloak, in its own right, is a leader in the Canadian engineering and design of additive manufacturing solutions which include 3D production metal printing capabilities.
“We are very excited about this announcement and what it will mean to Samuel and its customers,” said Colin Osborn, President, Samuel Manufacturing. “Every indicator is pointing to additive manufacturing and 3D printing being a disruptive technology in many of the industries we supply.”
Operating in the additive manufacturing field for over a decade, Burloak Technologies designs, prototypes, and develops production parts for aerospace, defence and commercial high-tech companies. Samuel is confident this acquisition will enhance its ability to support and partner with its customers. The manufacturer also believes the purchase of Burloak will pave the way for further investment in the future of a significant market in the metals industry.
The acquisition will allow the two companies to provide a strong, independent supply chain solution in the North American market. Taking advantage of its facilities throughout the continent, Samuel intends to rapidly scale the Burloak operations to deliver 3D metal printing solutions to a worldwide customer base.
“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,” said Peter Adams, President, Burloak Technologies. “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.”
Founded in 1855, Samuel, Son & Co is a family-owned and operated, integrated network of metal manufacturing, processing and distribution divisions. Employing 4,800 people in over 100 facilities, Samuel delivers metal and industry products, and provides access to related value-added services. Its newly-acquired company, Burloak, was founded in 2005 and has since been a leading manufacturer of highly-engineered, additive components. Based in Dundas, Ontario, Burloak works with customers to move additive manufacturing from prototyping to production. Burloak was the first Canadian company to obtain a direct metal laser system for manufacturing purposes.
