Investment Powers up New 3D Printing Brand
This brand will focus on providing 3D printing for manufacturing and prototyping services to businesses in the UK and globally.
Rapid Ready Tech News
August 20, 2021
UK-based 3D printing and product development consultancy, AME Group, has secured £750,000 investment from Northern Powerhouse-backed company, NPIF-Mercia Equity Finance, to launch the new 3D printing and Low Volume Production brand, AME-3D.
This is the first major investment in AME Group’s over 20-year history and will enable the company to implement key growth plans, which also include hiring 10 new staff, acquiring new equipment and launching two new brands. The first new brand is AME-3D, the 3D Printing and Low Volume Production Powerhouse. This brand will focus on providing 3D printing for manufacturing and prototyping services to businesses in the UK and globally. The brand will also expand into low-volume production, and in direct manufacturing with dropshipping services.
The investment and new brand mark an important turning point in the company’s overall journey.
“New technologies such as 3D printing have opened up new possibilities in product development and testing,” says AME Group Founder, now Finance Director, Ian Jones. “As a result, the rapid prototyping market is expanding year-on-year. With the new AME-3D brand fully dedicated to unlocking the potential that 3D printing and low-volume production offers, our team can support businesses with longer-term growth and with their post-Covid bounce-back plans.”
Sources: Press materials received from the company and additional information gleaned from the company’s website.
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