) recently acquired Norton, Ohio based 3D filament manufacturer,
Village Plastics Co. for an undisclosed sum.
The acquisition is a strategic move by 3D systems as not only
does it expand the company's capability in the filament materials
know-how and manufacturing, but also significantly accelerates
the development of precision thermoplastics for 3D printing.
Village Plastics Co. is a leading manufacturer of 3D printing
filaments. The company primarily produced filaments in ABS, PLA
and HIPS materials. Using its state-of-the-art manufacturing
facility this company delivers the highest quality precision 3D
3D Systems has been aggressively pursuing acquisitions since
Aug 2013 to expand its capability, capacity and geographic reach.
In August, the company purchased design-oriented, cloud-computing
service TeamPlatform, and CRDM, a U.K.-based firm that provides
prototyping and tooling services. Following that in September,
the company announced the acquisition of Sugar Labs, a
California-based 3D printer of custom edible products made from
sugar. Also, just last week, 3D Systems acquired Figulo
Corporation, the industry's leading consumer-oriented 3D ceramics
3D Systems intends to incorporate Village Plastics' materials
and manufacturing technologies to accelerate the development of
advanced filament-based materials for its growing Cube(R) and
CubeX(TM) 3D printers. This apart, the company plans to support
all of Village Plastics' existing customers by offering them full
access to its complete portfolio of products and services.
3D Systems is a leading provider of 3D content-to-print
solutions, including 3D printers, print materials and on-demand
custom parts services for professionals and consumers alike. In
addition, the company develops creative content and design
productivity tools. The company also offers software design tools
including CAD (computer-aided design), reverse engineering and
inspection, as well as consumer 3D printers, apps and
3D Systems currently carries a Zacks Rank #3 (Hold). However,
better-ranked stocks in the same industry include
Electronics for Imaging, Inc
Alps Electric Co. Ltd
Planar Systems Inc.
). All carry a Zacks Rank #1 (Strong Buy).
ALPS ELECTRIC (APELY): Get Free Report
3D SYSTEMS CORP (DDD): Free Stock Analysis
ELECTRN IMAGING (EFII): Free Stock Analysis
PLANAR SYSTEMS (PLNR): Free Stock Analysis
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