Canadian industrial manufacturing company Samuel has recently signed an agreement to purchase Burloak Technologies based in Dundas, Ontario, the Canadian leader in the engineering and design of additive manufacturing solutions including full 3D production metal printing capabilities. Burloak Technologies designs, prototypes and develops production parts for aerospace, defense and commercial high tech companies. For Samuel, 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.
“We are very excited about this announcement and what it will mean to Samuel and its customers. Every indicator is pointing to additive manufacturing and 3D printing being a disruptive technology in many of the industries we supply.” Colin Osborne, President, Samuel Manufacturing.
“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.” Peter Adams, President, Burloak Technologies.