GreatAmerica Financial Services announced its expansion into the rapidly growing additive manufacturing market, also known as 3D printing.
To spearhead this expansion, GreatAmerica has appointed additive manufacturing and finance industry veteran, Dan Kehr, as senior director, Specialty Markets Group.
This strategic move aligns with the company’s commitment to purposeful growth and supporting innovative industries with financing and business solutions.
Kehr brings over a decade of finance industry experience, expertise in additive manufacturing operations, business development, and strong relationships with key industry players. He will lead the company’s efforts in this rapidly expanding vertical, offering the market flexible total solution financing.
“GreatAmerica is excited to support additive manufacturing OEMs, channel partners, and end-users in this dynamic market. Our proven platform and funding capabilities align well with the industry needs,” Brian Bjella, group president, Specialty Markets Group, GreatAmerica Financial Servies, said. “GreatAmerica continues to invest strategically in our future to support originations growth in both existing and new markets. We are excited to integrate Dan’s experience and market knowledge into our customer focused and team-based environment.”
Additive manufacturing is transforming industries from automotive to aerospace by transitioning from prototyping to mainstream production applications. According to Grand View Research, the global additive manufacturing market was valued at approximately $20.37 billion in 2023. The U.S. additive manufacturing market accounted for approximately 20.9% of the global additive manufacturing market and is projected to reach $16.48 billion by 2030, growing at a compound annual growth rate (CAGR) of 21.3%.
