LEGO
Equity investment in additive manufacturer Evolve / Electrophotographic process offers alternative to injection moulding
Danish toymaker Lego (Billund / Denmark; www.lego.com) and tool manufacturer Stanley Black and Decker have completed an equity investment in additive manufacturer Evolve Additive Solutions (Minneapolis / USA; www.evolveadditive.com). Lego, Stanley Black and Decker Investments plus a third undisclosed investor have together invested USD 19m in the company, which has developed a selective thermoplastic electrophotographic process (STEP) technology designed to allow users to use production-grade thermoplastics for volume manufacturing applications.

The scalable technology can be used across industries, including consumer, automotive, industrial and medical, offering an alternative to injection moulding, Evolve said.

Carsten Rasmussen, chief operations officer at Lego, explained that Lego has “no immediate plans to launch 3D printed Lego bricks or elements commercially. We will continue to use additive manufacturing to maintain agility in our innovation pipeline and create fast prototypes to test new and innovative play experiences.”

Per Hjuler, of Lego Brand business development, said the group has been using additive manufacturing technology for more than 20 years. “Today, the company mainly employs the technology to create prototypes in the development of new products and we believe that the technology will become an even more important supplement to the current injection moulding capabilities in the future,” he stated. “With Evolve Additive Solutions we have found a very competent partner within this area.”

Evolve said its partnerships with world leading companies will help it bring the STEP technology to commercialisation. Other investors include 3D printing company Stratasys (Eden Prairie, Minnesota / USA; www.stratasys.com) as a minority shareholder since April 2018.
28.09.2018 Plasteurope.com [240732-0]
Published on 28.09.2018
Lego: Beteiligung an 3D-Druck-Firma EvolveGerman version of this article...

© 2001-2024 Plasteurope.com  |  Imprint  |  Privacy  |  Cookie settings

Plasteurope.com is a business information platform for the European plastics industry. It is part of KI Kunststoff Information and PIE Plastics Information Europe, one of the leading content providers for the European plastics industry. We offer daily updated business news and reports, in-depth market analysis, polymer prices and other services for the international plastics industry, including a suppliers guide, career opportunities, a trade name directory and videos.

News | Polymer Prices | Material Databases | Plastics Exchange | Suppliers Guide | Jobs | Register | Advertising

PIE – Plastics Information Europe | KI – Kunststoff Information | KunststoffWeb | Plastics Material Exchange | Polyglobe | K-Profi
© 2001-2024 by Plasteurope.com, Bad Homburg
Date of print: 23.04.2024 12:19:53   (Ref: 951151938)
Text and images are subject to copyright and other laws for protection of intellectual property.
Any duplication or distribution in any media as a whole or in parts requires prior written approval by Plasteurope. URL: http://www.plasteurope.com/news/detail.asp