Prototek Expands Midwestern 3D Printing with Buy of Prototype Options Group –

Prototek continues its acquisition spree, which is seeing the North American digital manufacturing supplier rapidly develop its CNC machining, sheet steel, and additive manufacturing (AM) companies. With the newest buy of Prototype Options Group (PSG), the agency provides additional CNC, 3D printing, and forged manufacturing to its repertoire.

Prototek Expands 3D Printing within the Midwest

Primarily based in northern Wisconsin, about an hour straightforward of Minneapolis, MN, PSG is now Prototek’s third location within the state, alongside Midwest Prototyping, the corporate’s AM division headquarters, and Grafton, a sheet steel and machining operation. Specifically, PSG’s novel casting strategies will probably be a brand new addition to Prototek’s portfolio.

Altogether, this offers Prototek with additional help for its Midwestern U.S. manufacturing capability, which now consists of 11 services, over 300 workers, and over 250,000 sq. toes of producing house throughout the U.S. Different websites embody Colorado, New Hampshire, Northern California, and Pennsylvania. Prototek holds ISO 9001:2015 and AS9100D:2016 certifications and is Worldwide Site visitors in Arms Rules (ITAR) registered.

Co-founder and President of PSG Alan Anderson will proceed to supervise the location’s operations together with his administration group. In the meantime, he may also act as strategic operational advisor to Prototek. Invoice Gress, CEO of Prototek, famous:

“Al and his group have constructed a fantastic enterprise in PSG. They’ve continued to develop and evolve the final 17 years into a very spectacular group and their synergies with Prototek are plain. I’m assured that they are going to be instrumental in bolstering our continued effort to construct a best-in-class, one-stop digital manufacturing answer.”

“I’m very excited to work with Invoice and the Prototek group to develop this group. I’ve loved my years serving to to construct PSG, however the alternative to leverage the assets and capabilities of a bigger group to comprehend a broader imaginative and prescient was the logical subsequent step,” mentioned Alan Anderson. “What Prototek is attempting to do by turning into a complete chief within the digital manufacturing house is one thing I needed my firm to be a part of, and I’m actually excited for the profession development alternatives this affords my group right here at PSG.”

PSG’s facility in Wisconsin.

3D Printing Service Consolidation

The acquisition falls in keeping with a broader development of consolidation within the service bureau house. In North America specifically, CORE Industrial Companions is main the cost, scooping up as many digital producers as it could actually underneath the FATHOM model. A decade in the past, Stratasys and 3D Methods have been performing the identical technique. For the previous, this resulted in Stratasys Direct Manufacturing, which continues to function right this moment. For the latter, Quickparts was finally offered final yr. Then, in fact, there are Proto Labs, Xometry, Shapeways, Materialise, GKN, and BASF/Sculpteo/Replique.

For the North American market, there’s nonetheless development available, particularly as additive manufacturing is more and more used as a bridge expertise in provide chain disruptions. We will anticipate each CORE and Prototek to proceed buying service bureaus on the continent, with a give attention to the U.S. At what level will they start colliding with the trade’s stalwarts? Will we start to see mergers between the bigger gamers within the service sector? It appears seemingly.