INDIANAPOLIS, IN - Würth Industry North America incorporated a new company in Delaware, Würth Additive Group, to provide expanded 3D printing products and services, including financing and rental options on equipment.
Würth Industry North America began providing additive solutions to customers in late 2017 with rapid prototyping and printing production tools. It now offers full digital Kanban solutions by integrating 3D printing technology in its existing vendor managed inventory programs.
"By integrating industrial 3D printing technology with our existing inventory programs.…we're able to cut out the sourcing, purchasing, and transportation costs and deliver the value directly to the customer," says Dan Hill, CEO for Würth Industry North America.
AJ Strandquist was appointed CEO of Würth Additive Group. "Our mission is to enable, implement, and support a digital supply chain solution that is dependable and beneficial for our customers to operate,” Strandquist says.
Würth Industry North America has been expanding activity in the additive manufacturing and 3D printing arena recently. It signed a global distribution agreement with Markforged, the leading provider of industrial metal and carbon fiber 3D printers, in March of 2020 after working with the company to provide 3D printing solutions to Würth customers since 2019.
Würth has since added several strategic suppliers to its portfolio of additive solutions, offering a wide range of printers and materials for industrial applications. Its digital supply chain strategy includes additive manufacturing/3D printing, digital part files, and inventory assessment software that help customers leverage existing technology and find significant cost savings while reducing operational risk.
Würth Industry North is a $1 billion division of the Würth Group, the world's largest fastener distribution company. They have strategically aligned a collective of companies: Würth Action Bolt, Würth Adams, Würth Additive Group, Würth Des Moines Bolt, Würth House of Threads, Würth Industry Canada, Würth Industry de Mexico, Würth Revcar, Würth Service Supply, Würth Snider, Würth SW Industry (Würth Brazil), Würth Timberline, Marine Fasteners, Northern Safety & Industrial, Oliver H. Van Horn, and Weinstock Bros., consisting of more than 110 locations across North America that allow industries to have better planning, parts management, and inventory accuracy.