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Home » News

Amaero Secures $23.5 Million EXIM Loan to Advance Additive Manufacturing Powder Production in the USA

News By AM Chronicle EditorJanuary 10, 20251 Min Read
amaero
Photo Credits: amaero
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Amaero International Limited, headquartered in McDonald, Tennessee, USA, has successfully secured a $23.5 million loan from the Export-Import Bank of the United States (EXIM). This funding will support Amaero Advanced Materials & Manufacturing Inc., the company’s wholly-owned US subsidiary, in expanding its capabilities in Additive Manufacturing and advanced materials.

The loan, unanimously approved by EXIM’s bipartisan Board of Directors, is part of the federal agency’s Make More in America Initiative (MMIA), aimed at bolstering domestic manufacturing and supply chain resilience. This marks the sixth MMIA loan sanctioned by EXIM and the first specifically dedicated to advanced materials and Additive Manufacturing.

The direct funding will facilitate capital equipment financing, enabling Amaero to strengthen its strategic position at the intersection of critical US policy initiatives. The company believes this milestone approval signals strong confidence from capital markets and commercial customers, reinforcing its pivotal role in scaling up manufacturing and supply chain capabilities in the USA.

Original Source

3d printing additive manufacturing
AM Chronicle Editor

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