Norsk Titanium AS, an FAA approved supplier of aerospace-grade, additive manufactured, structural titanium components, announced it has finalized a definitive purchase agreement for 12 of its Rapid Plasma Deposition™ (RPD™) Merke-IV™ machines with Fort Schuyler Management Corporation and Empire State Development for use in its Plattsburgh production center. This purchase agreement brings the total firm back-log and delivered machines for use in Plattsburgh, New York to 32 Merke-IV™ machines.
This agreement, signed May 31, 2017 is incremental to the 20-machine order announced last year. Machines from that order are currently being delivered throughout 2017. This new order will begin delivery in mid-2018 to Norsk Titanium’s Plattsburgh, New York production facilities. Each of these leading-edge machines is capable of producing up to 20 tons of printed material per year, with significantly less waste and machining energy, allowing for a cost savings of more than 30% over legacy forging and billet production techniques.
“Norsk Titanium’s new production and development facilities will bolster the North Country’s advanced manufacturing sector and the increasing demand for their products is great news for the local economy,” said Empire State Development President, CEO & Commissioner Howard Zemsky. “Norsk continues to meet or exceed their commitments to the State and we look forward to their continued growth in Upstate New York.”
Norsk Titanium’s choice to locate their first U.S. facility in the Plattsburgh region was due to its excellent transportation infrastructure, availability of a skilled and capable labor force, and the proximity to the large aerospace supply-chain community in the state and region.
“Plattsburgh New York has been ideal for us,” said Warren M. Boley, President and CEO of Norsk Titanium. “The State of New York has been a tremendous business partner and our growth in Plattsburgh is a testament to the value and opportunity that the game-changing Rapid Plasma Deposition™ (RPD™) technology delivers to customers.”