ARC Group Worldwide, Inc. Announces 3D Systems Printer Purchases
DELAND, Fla., Feb. 11, 2014 /PRNewswire/ -- ARC Group Worldwide, Inc. (NASDAQ: ARCW; the "Company" or "ARC") announced that its division, 3D Material Technologies, LLC. ("3DMT"), recently purchased 3D Systems Corp. (NYSE: DDD) ProX™ direct metal sintering (DMS) printers from EMS, Inc, a 3D Systems reseller based in Tampa, FL.
With a build size of 250 x 250 x 300mm (9.8 x 9.8 x 11.8 inches), these new machines have the capability of making a wide variety of parts out of stainless steel, cobalt chrome, titanium, aluminum, and ceramics.
"The technology in the ProX machines is what attracted us to the 3D Systems equipment. In particular, the ability to make stainless steel, titanium, aluminum, and alumina with fine powders, high-quality surface finishes, and thin walls complements our sister companies' Metal Injection Molding ("MIM") capabilities. These are the capabilities that our medical, aerospace, automotive, and defense customers are demanding," said Ashely Nichols, General Manager of 3DMT.
"EMS is very excited to introduce 3D Systems latest DMS technology to 3DMT," stated Mark Kemper, President of EMS, Inc. "We believe 3D Systems' DMS 3D Printers are a true game changer in additive manufacturing."
Continued Kemper, "We are also looking forward to representing 3D Systems complete line of 3D printers in 2014."
"Our ProX metal 3D printers deliver high quality, high density parts that are as strong as, if not stronger, than cast parts," said Kevin McAlea, Senior VP & GM, Production Printers, 3D Systems. "This high output quality is revolutionizing the metal parts industry by allowing creation of fully functional parts in hours, with efficient use of materials and unmatched freedom of design."
The addition of the ProX machines to 3DMT's already sizable 3D Printing and Additive Manufacturing capabilities further expands ARC's ability to offer rapid prototyping and short run production to its global customer base. 3DMT remains focused on bridging the gap between design concept and production through the use of advanced technologies and engineering knowhow, to enable our customers to get to market quicker.
About ARC Group Worldwide, Inc.
ARC Group Worldwide is a diversified, global advanced manufacturing company, as well as a world leader in MIM. ARC was founded in 1987 and has a long history as a technology innovator in manufacturing. ARC has significant expertise in lean manufacturing and utilizes cutting edge technology including robotics, automation, and 3D printing. ARC's mission is to bring innovation and technology to manufacturing. ARC's core manufacturing businesses are in precision components, 3D printing, flanges, fittings, and wireless technology, through its operating subsidiaries, www.FloMet.com, www.AFTmim.com, www.AFTmimHU.com, www.Injectamax.com, www.ARCmim.com www.TeknaSeal.com, www.3DMaterialTechnologies.com, www.GeneralFlange.com and www.ArcWireless.net. For more information about ARC Group Worldwide, please visit www.ArcGroupWorldwide.com.
Since 2001 EMS, Inc has grown to become one of the premier providers of 3D scanning and 3D printing and products and services. For over 12 years EMS has helped thousands of clients across a variety of industries in product design and development, engineering and additive manufacturing.
EMS, Inc is based in Tampa, FL and has offices in Atlanta, GA and Auburn Hills, MI. To learn more about all the products and services EMS, Inc. provides contact us them at:
This press release may contain "forward-looking" statements as defined in the Private Securities Litigation Reform Act of 1995, which are based on ARC's current expectations, estimates and projections about future events. These include, but are not limited to, statements, if any, regarding business plans, pro-forma statements and financial projections, ARC's ability to expand its services and realize growth. These statements are not historical facts or guarantees of future performance, events or results. Such statements involve potential risks and uncertainties, and the general effects of financial, economic, and regulatory conditions affecting our industries. Accordingly, actual results may differ materially. ARC does not have any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. For additional factors that may affect future results, please see filings made by ARC with the Securities and Exchange Commission ("SEC"), including its Form 10-K for the fiscal year ended June 30, 2013 and Form 10-Q for the period ended September 30, 2013, as well as current reports on Form 8-K filed from time-to-time with the SEC.
CONTACT: Drew Kelley
PHONE: (303) 467-5236
SOURCE ARC Group Worldwide, Inc.