AddUp Inc. Moves To Cincinnati | Press Release
AddUp Inc will be moving to BeAM’s 20,000 sq ft facility near Cincinnati, Ohio.
Cincinnati, Ohio – December 10th, 2020 – AddUp, Inc., the US subsidiary of AddUp, global manufacturer of metal 3D printing equipment and supplier of additive parts, is excited to announce the relocation of its US operations to 5101 Creek Road in Blue Ash, Ohio – the current location of AddUp’s US subsidiary, BeAM Machines, Inc.
AddUp focuses on Powder Bed Fusion (PBF) technology while BeAM focuses on Direct Energy Deposition (DED). The two companies will form one operating unit reporting to Ken Wright, currently president of both companies. The facility is already equipped with a dedicated additive manufacturing workspace, metallurgical lab, applications training facility, and post-process machining department.
“We are excited to base our metal 3D printing operations in the Cincinnati area,” said Dr. Ken Wright, president of AddUp, Inc. and BeAM Machines, Inc. “There were a number of good locations from which to choose, but we selected southwest Ohio based on its strong manufacturing heritage, access to a talented workforce, proximity to industrial and government partners in metal 3D printing, and enthusiastic support provided by the State of Ohio.”
AddUp will move machines and equipment from its operation in Greenville, South Carolina and plans to create 25 new jobs and invest $12.5 million in Blue Ash over the next three years. All of this is driven by the expansion of the metal additive manufacturing market along with increased investment in product development and sales channels on the part of AddUp’s investors, Michelin and French industrial group Fives.
The focus of this new combined operation will be to provide metal additive manufacturing printing services for AddUp’s US customers in the aerospace, defense, medical, and tooling industries. Five of AddUp’s FormUp 350 printers will be added to the current inventory of BeAM’s Modulo 400 and Magic 800 printers, available for printing services by the end of 2021, with plans for expansion in the following years.
At only 30 minutes north of the Greater Cincinnati-Northern Kentucky International Airport, the 20,000 square foot building will also be used as a demonstration facility for the redesigned FormUp 350 and Modulo 400, our flagship PBF and DED printers, which will be launched in the U.S. sometime in 2021. These products will have expanded capabilities that advanced additive to the next level of performance.
In the coming years AddUp Inc. anticipates hiring professional and technical staff to operate its facility, as well as conduct research in process development to further advance metal 3D printing in the areas of productivity and the functional performance of printed parts. AddUp’s job growth and investment are supported with a Job Creation Tax Credit from the Ohio Development Services Agency and additional JobsOhio incentives. The City of Blue Ash is supporting the project with a forgivable loan.
AddUp inherits the industrial experience of the Fives and Michelin groups.
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