Amaero Secures $23.5 Million Loan to Advance Additive Manufacturing Powder Production in the U.S.!
By Ashutosh Arora
Amaero International Limited, headquartered in McDonald, Tennessee, has announced a pivotal step forward in its mission to bolster domestic manufacturing capabilities. The company secured a $23.5 million direct loan from the Export-Import Bank of the United States (EXIM), marking a significant milestone under EXIM’s Make More in America (MMIA) initiative.
With this loan, Amaero will finance capital equipment purchases, supporting its strategy to enhance the production of refractory and titanium alloy powders. These powders are essential for manufacturing mission-critical components in sectors like aerospace and space exploration. The approval underscores the alignment of Amaero’s initiatives with U.S. policies aimed at strengthening domestic manufacturing and supply chain resiliency.
The first advanced atomiser has already been commissioned, with a second and third in progress, positioning Amaero to become the largest domestic producer of these high-demand materials. This expansion is expected to fortify the U.S.’s ability to produce and export advanced materials, addressing critical supply chain vulnerabilities.
Hank J. Holland, Amaero Chairman and CEO, emphasized the importance of this milestone:
“Amaero’s strategy addresses critical gaps in U.S. domestic manufacturing. Strengthening domestic manufacturing throughput is essential for national security and economic prosperity. After years of offshoring, the U.S. faces vulnerabilities in its supply chains and has lost millions of skilled manufacturing jobs. This loan validates our efforts to bridge these gaps.”
The EXIM loan marks the first MMIA loan in support of advanced materials and Additive Manufacturing, further establishing Amaero’s position as a key player in high-tech manufacturing innovation.
Amaero plans to invest approximately $50 million in capital equipment and facility improvements over three years (FY2024–2026). This includes $28.5 million for equipment and $18 million for facilities, supporting an estimated 150 skilled, high-paying U.S. jobs.
As Amaero scales up, the company is strategically positioned to support critical industries while contributing to U.S. economic growth. This initiative is a testament to the importance of domestic manufacturing revival and the role of public-private partnerships in achieving it.
