Inventor of 3D Printing Makes Acquisition
Rock Hill, SC-based 3D Systems (NYSE:DDD), the company that invented of 3D printing, has announced its acquisition of American Precision Prototyping (APP) and sister company American Precision Machining (APM), further extending its operations in the United States. Details of the transaction were not disclosed.
Headquartered in Tulsa, OK, APP and APM bring extensive advanced prototyping and manufacturing experience to 3DS, along with significant aerospace presence. They also possess a strong regional infrastructure and long-term, key relationships with companies in the sector.
“APP and APM bring a wealth of experience and bench strength in both advanced manufacturing and the aerospace industry that is highly complementary to our offerings,” said Ziad Abou, Vice President and General Manager, Quickparts for 3DS. “This acquisition further enhances our North American capabilities and expertise.”
“3D Systems is, bar none, the recognized leader in advanced manufacturing with an exceptional track record in providing the highest quality parts services globally,” said Jason Dickman, President of APP. “We have been a long-standing customer of 3DS’ SLA and SLS printers, materials and software, and we couldn’t be more excited to join the team as it positions us to provide unparalleled parts services to our customers far into the future.”
3D Systems is a leading provider of 3D printing centric design-to-manufacturing solutions including 3D printers, print materials and cloud sourced on-demand custom parts for professionals and consumers alike in materials including plastics, metals, ceramics and edibles. The company also provides integrated 3D scan-based design, freeform modeling and inspection tools and an integrated 3D planning and printing digital thread for personalized surgery and patient specific medical devices. Its products and services replace and complement traditional methods and reduce the time and cost of designing new products by printing real parts directly from digital input. These solutions are used to rapidly design, create, communicate, prototype or produce functional parts and assemblies, empowering customers to manufacture the future.