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Arcam still Swedish in three years' time

Arcam fortfarande svenskt om tre år, långsam tillväxt bakom vd-byte i USA-bolag - vd - 2016-01-12

With Microsoft Translator:

Arcam still Swedish in three years ' time, slow growth behind the change of ceo in the United States-company-ceo

2016-01-12 13:15:30

This year plan both Airbus and GE Smart production of 3D printed metal parts for aircraft engines. Swedish Arcam plays a central role in this effort, but the company's ceo Magnus René would not describe it as a breakthrough.

For it has already happened, "he said in an interview with Finwire:

-It has been known for a long time that they were about to start 3D print aircraft parts in metal and We've been working a long time with Airbus and various suppliers to them to do it, so it's for real.

How far advanced is this work Airbus started, when do you think it goes sharp?

-The Airbus said is that they will go into production this year. So it is far advanced. There are long processes to validate the production methods for the aviation industry. We sold the first machine to Airbus in 2006 so it's a long time ago.

How will this step they will take in this year to influence your planning, positioning and opportunities?

-In the case of this step so it's not like we're getting out of it through press releases from Airbus. We have worked with Airbus and Rolls Royce and PROVIDE continuous and long term so it's not like we suddenly discover that "Oops, should Airbus have stuff too?" but it is something we have known for a long time. So what we are doing and have been doing lately with the expansion in Gothenburg and Montreal is because we see that this is going.

What do you think this means for your opportunities to orders with a bit more volume?

-If you look at the last 12 months, we have received three orders that are a bit larger. You can certainly expect that there will be more orders of the type. What is at the top of our agenda is to get us into production in flight and implant industry. And where we are in practice already. We have customers that already manufactures using our equipment. And it's not just Airbus as it will give will also start manufacturing this year. And it is even more challenging because it involves moving parts to aircraft engines, really advanced features.

It is this which is the breakthrough?

· The breakthrough has come before time. You cannot get a better quality than that the world's largest company in the aviation industry-namely, the deal says that they plan to use our equipment for the production of the most critical details of their engines, and that it is very important to them. Better than so it will not be. Now we need to build the company and continue to grow as quickly as we can.

In the past, you've said that your capacity for a period of time will not be able to meet demand, and that it has been difficult to find fitters, electricians and technicians. What do you do about it?

-In the case of capacity are watching all the floor space and premises and so there. But it's not a steel mill and a pulp mill we have but only a local where the key is the people who assemble, test, ship and install and service the machines. As capacity is much more than in our case. Then we have made a large expansion of premises after care so we can continue to build the company. We grew greatly in number of people last year and continues to grow on the EBM side, but also on powder page where we expanded from two to five soon powder reactors.

The ceo of your subsidiary Disanto left recently. Because he sold all his shares is close at hand to assume that he had to go, probably due to problems in business. What was the background?

-We have not communicated it, but we believe that we have much more opportunity to grow this business, faster than we are doing now. We have a bigger ambition for growth than previous management had.

You have moved your operational base from Mölndal to Montreal, what is the idea behind it?

-We are building this company to an international business where we have activities on various keeps in the world and where you have to be as close to the customers it can. It is very important.

Arcam will be a company based out of Sweden in three years?

-Yes, I think so, but were the basis of such a company is, you can always ask themselves. Even though three years will the bulk of EBM-part to be in Sweden. We are a Swedish company in that group are incorporated in Sweden. We are listed on the Stockholm Stock Exchange. On the other hand, it is only 30% of our owners are Swedes, 40 per cent of ownership is in the United States. Virtually none of our sales is in Sweden. So it is clear that a company such as ours must be very international. But there is nothing strange about it. There are many Swedish companies that have American base but is very big internationally. And to be close to the market, the customer.