The acquisition expands Lubrizol’s 3D printing design, prototyping, printing and post-processing capabilities
The Lubrizol Corporation, provider of specialty chemicals for the multiple markets, announced that it has acquired Avid Product Development, LLC, a trusted partner for engineering and additive manufacturing services to expand its 3D printing capabilities across the entire 3D printing ecosystem.
Avid offers a unique blend of 3D printing capabilities, including design for additive manufacturing (DfAM), prototyping and production using Fused Filament Fabrication (FFF), MultiJet Fusion (MJF), Selective Laser Sintering (SLS), and Stereolithography (SLA), with expertise in various post-processing technologies.
The 3D printing industry continues to rapidly grow, creating an immense opportunity for companies leveraging 3D printing capabilities as part of their portfolios. Today, OEMs (original equipment manufacturers) interested in 3D printing are seeking partners who can assist in their efforts to integrate this new technology into their processes. Lubrizol’s materials, application and testing expertise coupled with Avid’s 3D printing design, prototyping and post-processing know-how will enable development of differentiated solutions for customers and accelerate adoption of 3D printing in key industries.
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Speaking about the acquisition Gert-Jan Nijhuis, General Manager, 3D Printing Solutions, Lubrizol Engineered Materials, “Lubrizol continues to invest in opportunities that bring new differentiated solutions to our customers. 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.”
Excited about the acquisition, Doug Collins, founder of Avid Product Development “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.
Avid is headquartered in Loveland, Colorado and serves customers in the footwear, consumer goods, industrial and medical markets. Avid won the 2019 Colorado Company to Watch award, and continues to create innovative solutions, including designing and 3D printing of critical personal protection equipment (PPE) to meet the urgent needs of healthcare workers and essential businesses during the COVID-19 pandemic.
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