The Yorkshire-based 3D printing and product development consultancy, AME Group, has secured £750,000 investment from Northern Powerhouse-backed company, NPIF-Mercia Equity Finance, to launch the new 3D printing and low volume production brand, AME-3D.
This recent investment will enable the company to implement key growth plans, which also include hiring 10 new staff, acquiring new equipment and launching two new brands.
The first new brand is AME-3D, the 3D Printing and Low Volume Production Powerhouse. This brand will focus on providing 3D printing for manufacturing and prototyping services to Yorkshire and UK businesses. It will also expand into small batch unit production, also known as low volume production, and in direct manufacturing with dropshipping services.
The investment and new brand mark an important turning point in the company’s overall journey.
AME Group founder, now finance director, Ian Jones said: “New technologies such as 3D printing have opened up new possibilities in product development and testing. As a result, the rapid prototyping market is expanding year-on-year.
“With the new AME-3D brand fully dedicated to unlocking the potential that 3D printing and Low Volume Production offers, our team can support UK businesses with longer-term growth and with their post-Covid bounce-back plans.”