Avid offers a blend of 3D printing capabilities that include design for additive manufacturing (DfAM), prototyping, and production using powder bed fusion (MJF, SLS), fused filament fabrication (FFF), and stereolithography (SLA). The company also has expertise in various post-processing technologies, Lubrizol said in a press release.
The rapid growth of the 3D printing industry is creating immense opportunity for companies leveraging 3D printing services as part of their portfolios. Original equipment manufacturers interested in 3D printing are seeking partners who can assist in their efforts to integrate the technology into their processes.
According to Lubrizol, its materials, application, and testing expertise will combine with Avid’s 3D printing design, prototyping, and post-processing know-how. The combination is expected to enable the development of “differentiated solutions for customers” and help speed the adoption of 3D printing in key industries, the company said.
“Lubrizol continues to invest in opportunities that bring new differentiated solutions to our customers,” said Gert-Jan Nijhuis, general manager, 3D Printing Solutions, Lubrizol Engineered Materials, in the release. “The acquisition of Avid Product Development greatly enhances our ability as a 3D printing solution provider, offering complete product solutions from material development to printing and post-processing services, delivering end-use products for our key markets.”
“As a result of this acquisition, we will have vast opportunities to demonstrate our capabilities in engineering, design, and manufacturing with the support of an industry leader in materials development, applications, and testing,” added Doug Collins, founder of Avid Product Development.
Avid (https://avidpd.com/), headquartered in Loveland, Colorado, serves customers in the footwear, consumer goods, industrial, and medical markets. The company won the 2019 Colorado Company to Watch award, and has been actively designing and 3D printing critical personal protection equipment (PPE) to meet the urgent needs of healthcare workers and essential businesses during the COVID-19 pandemic.
For more on Avid, see Product Development Firms Stepping Up to Fight COVID-19.
The Lubrizol Corporation (www.lubrizol.com), founded in 1928, owns and operates more than 100 manufacturing facilities, sales, and technical offices around the world and has approximately 8,800 employees, the company said.