Farsoon, the China-based original equipment manufacturer (OEM) of large platform 3D printers, announced that the company has entered into a distribution deal with Indurate Alloys Ltd, a Canadian coatings company. Through the partnership, Indurate Alloys will sell Farsoon additive manufacturing (AM) hardware to Canadian customers.
Founded in 2011, Indurate Alloys, based in Alberta (Canadian oil country), was specifically started to serve Western Canadian thermal spray and hardfacing customers. Thus, its customer base is primarily composed of businesses in the oil & gas, petrochemical, and mining industries.
Hardfacing is any form of metal or plastic coating applied to a surface, usually to improve its resistance to corrosion and other wear. Thermal spray is one method for applying hardfacing — others including arc welding and laser cladding — which involves spraying heated powder.
Farsoon’s major customer base is in heavy industry, as well, although it seems to be mainly focused thus far on selling its laser powder bed fusion (LBPF) machines to aerospace companies. One advantage to the partnership for the company, then, is that Indurate Alloys enhances the diversity of Farsoon’s market presence. Down the line, perhaps, if the partnership is successful, Farsoon would presumably do the same for Indurate Alloys’ lines of metal materials.
It is relevant, too, that Farsoon has a US headquarters, in addition to offices in China and Germany. By partnering with another company in Canada, the company is taking advantage of its US office to expand into other markets in North America, without the investment and overhead required in enlarging one’s brick and mortar footprint.
The most intriguing aspect of the partnership, though, is the oil & gas and mining connection of both Indurate Alloys and Western Canada. 3DPrint.com editor-in-chief Michael Molitch-Hou and I argued in an article last year that Canada’s oil & gas and mineral wealth is the main factor that makes the country such a viable candidate for cultivating a thriving AM market. (The sparseness of its population and and technologically advanced economy also make it an ideal place for 3D printing.)
But as oil & gas and mining sectors look to shrink their own carbon footprints, digitization centered around AM will be increasingly important to those sectors, as technologies with proven potential to aid carbon emission reductions at scale. The case for growth potential there is also supported by the fact that oil & gas and mining companies in Alberta have been raking in record earnings, and are facing constant pressure by the Canadian government to reinvest profits in decarbonization.
Subscribe to Our Email Newsletter
Stay up-to-date on all the latest news from the 3D printing industry and receive information and offers from third party vendors.
You May Also Like
Insights from the Frontline: Key Takeaways from the AMS 2024 CEO Panel
At the 2024 Additive Manufacturing Strategies (AMS) event in New York City, a panel of sector CEOs took the stage, transforming what could have been just another industry talk into...
Desktop Metal Partners with Cantor Fitzgerald for $75M Stock Sale
Desktop Metal (NYSE: DM) has recently made significant moves in its paperwork with the U.S. Securities and Exchange Commission (SEC), sparking a bit of curiosity about its next steps. Just...
3DPOD Episode 187: Medical and Industrial 3D Printing with Jeremy Pullin, Head of AM at Sartorius Group
Jeremy Pullin, an additive manufacturing (AM) veteran with decades of experience, is currently at the leading medical firm, Sartorius Group. He has been instrumental in setting up engineering centers and...
3D Printing Unpeeled: Gradient Electronics, Navigational Aids and CORE Business
The US Coast Guard spends around $20 million a year repairing navigational aids. Now the USCG’s Shore Infrastructure Logistics Center’s Waterways Operations Product Line (SILC-WOPL) and the Command, Control, Communications,...
Upload your 3D Models and get them printed quickly and efficiently.