Faustson Tool part of consortium in state-funded 3-D infrastructure grant

Wednesday December 16, 2015 0 comments Tags: Arvada, Faustson Tool, OEDIT, Alicia Svaldi, Heidi Hostetter, Ball Aerospace, Concept Laser, Manufacturer's Edge, Lockheed Martin, Colorado School of M


ARVADA -- Faustson Tool,  a global leader in the machining industry, announced it is part of a Colorado consortium receiving a $2.4 million infrastructure grant from the Colorado Office of Economic Development and International Trade (OEDIT) as part of the state’s Advanced Industries Accelerator Grant program.Faustson_logoUSE

The consortium, headed by Manufacturer’s Edge, will use the funding to build infrastructure to assist in 3-D metal printing standardization and qualification for all sizes of businesses.

“This work is the next step in our ongoing effort to lead Colorado in 3-D metal printing expertise,” said Alicia Svaldi, Faustson president. “For 30 years, we’ve worked to be early adopters in metal machining technologies and capabilities, and we’re proud to continue that tradition.”

Other members of the consortium include Ball Aerospace, Colorado School of Mines and Lockheed Martin.

An R&D center will be built at the School of Mines dedicated to applied research and creating database infrastructure to qualify printers and their parts.

The company said Mines will continue ongoing research with Faustson and Concept Laser on the first U.S.-installed dual-laser 3-D metal printer at Faustson’s facility in Arvada.

The project aims to greatly reduce manufacturing times and improve printing precision.

“Our team, which combines manufacturing expertise, academia, support organizations, federal expertise and the support of the state is poised to further Colorado’s position as a leader in cutting-edge manufacturing,” said Heidi Hostetter, Faustson VP.

“We’re able to create parts that are not possible using traditional machining techniques, and this will further Colorado’s position as a leader in additive manufacturing and aerospace."