MacLean-Fogg Component Solutions acquired the assets of Formetrix, LLC of Mansfield, MA, for an undisclosed sum.
The deal includes Formetrix’s metal powder intellectual property portfolio that will broaden MacLean Fogg’s capabilities to service new and existing OEM, Tier 1 and 2 customers, as well as tool and die makers in automotive, EV, industrial, agriculture, heavy truck and construction markets.
The new business entity will be known as MacLean Formetrix and will be based in the Detroit suburb of Macomb Township. Web: macleanfoggcs.com/maclean-formetrix
The unit will be led by GM Greg Rizzo. Harald Lemke, formerly of Formetix, has joined MacLean Formetrix as product management director.
“As a previous customer of Formetrix, we were able to implement technical cost break-throughs with their material and process innovations that others in the additive manufacturing business claimed were impossible,” stated CEO Duncan MacLean. “We couldn’t be more excited to continue to make their innovations available for our internal users, as well as serve other innovative manufacturers and tool makers.”
These materials, combined with advanced 3D printing processes, allow for tool-and-die makers and manufacturers to realize cost, time, and weight savings, as well as tool-to-tool repeatability by replacing traditionally fabricated hard tools with durable printed steel tools and inserts.
Additionally, with the multi-dimensional design and manufacturing freedom that 3D printing allows, tool designers can realize new coolant channels and shapes.
A division of the MacLean-Fogg Co., Mundelein, IL-based MacLean-Fogg Component Solutions manufactures fasteners, engineered components and plastics for automotive, heavy truck and other diverse industries. Web: MacleanFoggCS.com
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