Markforged, the leading manufacturer of metal and carbon fiber 3D printers, informed that Shawcor, a global energy services company in Canada, selected Markforged 3D printer solutions to produce parts that would save the company $1.6 million CAD (~$1.2m USD).The Composite Production Systems division at Shawcor was tasked with a new project that required them to transfer large tape pads weighing between 115 and 230 pounds — too heavy for a person to load and unload. “Without the pad handling machine up and running, Shawcor would lose roughly $1.6 million CAD over the course of a year,” said Phil Minors, Senior Mechanical Designer at Shawcor. “We had two choices: front the cost for the machine or lose revenue each month.”However, the division found a third option – Markforged continuous strand carbon fiber printers could produce the parts required for the machine and save $27,000 CAD by swapping aluminum and sheet metal for 3D printed parts.Shawcor now uses continuous carbon fiber parts even beyond the Manufacturing Technology Group. The entire Composite Production Systems engineering team utilizes the printer for prototyping, testing, and iterating.For identifying growth opportunities in the global 3D printing materials market, please visithttp://www.lucintel.com/3d-printing-materials-market-2020.aspx
Helping clients grow through game changer ideas, robust market and unmet needs analysis.
We make you smartest person in the room. Creating better value through winning strategies
and better analytics-driven decisions.
Executed hundreds of consulting projects in various markets since 1998. Thought
leadership in Wall Street Journal, Financial Times, Bloomberg, etc.
Subscribe to our FREE newsletter to learn about the emerging industry trends, opportunities, drivers and challenges