AiThority - Artificial Intelligence | News | Insights | AiThority
Prototek Holdings LLC (“Prototek”), a leading North American digital manufacturing provider of CNC machining, sheet metal and industrial 3D printing focused on prototyping and low volume production, announced it completed the acquisition of ProtoCAM, a premier industrial 3D printing company located in Allentown, Pa. ProtoCAM will merge into Midwest Prototyping, Prototek’s additive manufacturing arm acquired in July 2021.
Latest Aithority Insights: AI Company Decide Expands in the US to Lead in the Cookieless World
“They have been a fixture in the Northeast 3D printing space for nearly 30 years and have built a business centered on meeting customer needs and producing great parts. I’m very happy to welcome ProtoCAM to the Prototek team.”
“The addition of ProtoCAM is another step toward achieving our ongoing goal of creating a platform able to meet customer demands in an Industrial 4.0 world,” said John Pless, Partner at TruArc Partners and a Director of Prototek. “Our vision is a one-stop digital manufacturing solution with superior levels of quality and service. ProtoCAM is well suited to further that vision.”
“Ron and his team at ProtoCAM are a great fit for our growing additive division,” added Bill Gress, CEO of Prototek. “They have been a fixture in the Northeast 3D printing space for nearly 30 years and have built a business centered on meeting customer needs and producing great parts. I’m very happy to welcome ProtoCAM to the Prototek team.”
Top Machine Learning Insights: LivePerson Collaborates with UCSC to Build the Future of Natural…
The addition of ProtoCAM is part of an ongoing expansion of Prototek’s additive manufacturing capabilities and capacity. The acquisition adds innovative QuickCast technology, creating fast investment casting patterns for quick-turn metal part production, to Midwest’s already comprehensive 3D printing capabilities. The merger also provides a much-needed increase in capacity to Midwest’s core 3D printing technologies including HP’s Multi Jet Fusion (MJF), Stereolithography (SLA), Fused Filament Fabrication (FFF) and Carbon DLP (Digital Light Processing). The company will continue to operate in all current locations encompassing 10 facilities across the US, with over 300 employees and more than 240,000 square feet of manufacturing workspace.
“Ron and his team at ProtoCAM have been longtime friends to Midwest Prototyping and myself,” said Steve Grundahl, Vice President of Additive Manufacturing, Prototek. “As we set out to create a nationwide network of best-in-class additive manufacturing, ProtoCAM was at the top of our list in the East. We share a remarkably similar culture and customer focus and I can’t imagine a better partner to join us in our effort to build out Prototek’s 3D printing offering.”
Ron Belknap, founder of ProtoCAM, and his management team will continue to oversee day-to-day operations of the Allentown facility. Nate Schumacher, director of strategy and integration at Midwest Prototyping and Ed Graham, Vice President of Additive Manufacturing at ProtoCAM will lead the combination of business operations.
“We’ve been successful in steadily growing our business for years, but I knew that to grow the company the way I wanted and to offer my team more career opportunity, I needed a strategic partner,” added Ron Belknap. “I’ve admired Steve and Midwest Prototyping since first meeting him over 20 years ago. We’re ‘Old Dogs’ in this business and share a passion for additive manufacturing and for our customers, so when Steve reached out to me about joining Prototek with Midwest, I knew it was the right move. I’m excited to see where we go from here.”
Read More About Aithority News : net2phone Partners with TeleBermuda International to Provide Unified Communications Solutions
[To share your insights with us, please write to sghosh@martechseries.com]
AIT News Desk is a trained group of web journalists and reporters who collect news from all over the technology landscape. The technical space includes advanced technologies related to AI, ML, ITops, Cloud Security, Privacy and Security, Cyberthreat intelligence, Space, Big data and Analytics, Blockchain and Crypto. To connect, please write to AiT Analyst at news@martechseries.com.
T-Mobile and AAA Team Up to Keep Customers Safe and Connected on the Go
Skyflow Launches Integration to Build Privacy and Data Protection into the Snowflake Data Cloud
Cavli Wireless Is Set to Unveil the Next Generation of LPWAN-based IoT with C42GM…
ZS Launches ZAIDYN Clinical Development, Expanding Its Digital Life Sciences Platform
ISG to Publish Reports on AWS Partner Ecosystem
Genomic Vision Granted A New Patent For Its “Physical Characterization Of Telomeres”…
ACTO launches LAICA, the first AI-powered Conversational Assistant for Life…
Yseop’s AI Natural Language Platform Scaled by Sanofi to Accelerate…
DFinance One of the Biggest Helpers of Digital Protocols
RAAPID on Why Healthcare Payers Should Invest in the Right Tools and…
AiThority.com covers AI technology news, editorial insights and digital marketing trends from around the globe. Updates on modern marketing tech adoption, AI interviews, tech articles and events.
Copyright © 2022 AiThority. All Rights Reserved. Privacy Policy