VulcanForms Secures $500 Million to Scale the Next Generation of American Manufacturing
Key Highlights
- ➤VulcanForms secures $500 million financing led by J.P. Morgan and Apollo (APO)
- ➤VulcanForms will build three new factories to meet growing customer demand
- ➤VulcanForms has secured multibillion-dollar commercial programs across critical industries
- ➤VulcanForms has raised over $1 billion in funding to date
- ➤Apollo’s John Zito called U.S. industrial-base rebuilding among the most capital-intensive undertakings in decades
Expert Statements
Kevin Kassekert, CEO of VulcanForms
“America cannot lead the next industrial revolution if we can’t manufacture what we invent”
Kevin Kassekert, CEO of VulcanForms
“For too long, breakthrough technologies developed here have been manufactured overseas. VulcanForms is proving we can change that by turning American innovation into industrial-scale production and demonstrating that the U.S. can not only compete, but also win on the global stage. We’re proud to work with J.P. Morgan and Apollo on helping to build America’s industrial future at home.”
Jay Horine, Global Head of JPMorganChase’s Security and Resiliency Initiative
“Through our Security and Resiliency Initiative, JPMorganChase is working with companies like VulcanForms to strengthen the industries and supply chains that underpin economic security. These efforts can help to bridge the gap between promising technology and industrial-scale production in the United States, as demand grows across critical industries”
John Zito, Co-President of Apollo Asset Management
“The rebuilding of America’s industrial base is a strategic priority that will be among the most capital-intensive undertakings the country has faced in decades”
John Zito, Co-President of Apollo Asset Management
“VulcanForms has developed a distinct approach to manufacturing that delivers critical components to a broad set of end markets and is meeting rapidly growing customer demand. We are proud to support that growth with a bespoke financing solution to fund capacity expansion alongside J.P. Morgan, which illustrates how private capital can help advance the return to large-scale manufacturing.”
BOSTON, Nov. 12, 2026 (GLOBE NEWSWIRE) -- VulcanForms, a pioneer in advanced digital manufacturing, today announced it has reached an agreement for $500 million in financing led by J.P. Morgan and funds managed by Apollo (NYSE: APO) (“Apollo”) to accelerate the next phase of American industrial production. Backed by multibillion-dollar commercial programs across critical industries, VulcanForms is adding to its three existing manufacturing sites to meet growing customer demand by building three new factories, marking a significant milestone in the company's transition from breakthrough manufacturing technology to industrial-scale production.
As American industries seek to strengthen domestic production and reduce dependence on fragmented global supply chains, the challenge extends beyond technological innovation to manufacturing complex, high-performance components at the scale, speed, and cost required to compete globally. VulcanForms is addressing this challenge through a fully integrated digital manufacturing platform that combines metal additive manufacturing, precision machining, automation, and physical AI. By unifying traditionally fragmented production processes, the company is establishing a new model for producing critical components competitively in the U.S.
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