Würth Industry North America (WINA) has announced that it has formed a new company in the United States, incorporated in Delaware, Würth Additive Group. Würth Additive Group is set to provide expanded 3D printing products and services, including financing and rental options on equipment. Würth Industry North America began providing additive solutions to customers in late 2017 with rapid prototyping and printing production tools. It now offers full digital Kanban solutions by integrating 3D printing technology in its existing vendor managed inventory programs.
Dan Hill, Chief Executive Officer for Würth Industry North America, said: "We are thrilled to bring innovative digital supply chain solutions to our customers. By integrating industrial 3D printing technology with our existing inventory programs, we can offer faster time to market, lower inventory costs, and improved environmental sustainability practices. We're able to cut out the sourcing, purchasing, and transportation costs and deliver the value directly to the customer."
AJ Strandquist, newly appointed CEO of Würth Additive Group, said: "We're excited to offer rental and financing options and provide additive manufacturing solutions to a wider market. Our mission is to enable, implement, and support a digital supply chain solution that is dependable and beneficial for our customers to operate. We do this by offering a clear implementation process, cost-saving options, on-going support, a strategic supplier portfolio, and financial services for instant return on investment."
Würth Industry North America signed a global distribution agreement with Markforged, a leading provider of industrial metal and carbon fibre 3D printers, in March of 2020 after working with the company to provide 3D printing solutions to Würth customers since 2019.
Additionally, Würth has added several strategic suppliers to its portfolio of additive solutions, offering a wide range of printers and materials for industrial applications. Its digital supply chain strategy includes additive manufacturing/3D printing, digital part files, and inventory assessment software that help customers leverage existing technology and find significant cost savings while reducing operational risk.
The 3D printing sector has proven a significant draw for a number of fastener companies, not least Bossard Group, which snapped up stakes in a number of 3D printing businesses in recent years.