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3D Systems (DDD) Boosts Bastech's Process & Productivity

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Leading 3D printer maker 3D Systems CorporationDDD disclosed that its end-to-end 3D solutions were used to make Bastech's conformal cooling mold-making process more efficient and economical.

3D Systems' end-to-end manufacturing solutions enabled the integration the customized mold design toolsets of Cimatron with ProX DMP 200's flexibility for constructing complex metal geometries and Geomagic Control for quality inspection. This combination allowed Bastech to reduce overall costs by 16%, design time by 70% and cycle time by 14%.

These factors lend Bastech a strong competitive advantage by improving its design and manufacturing process in an industry where efficiency, cost and quality are the primary drivers of success.

Bastech chose 3D Systems solutions after conducting two benchmark tests using conformal cooling channels for manufacturing molds, one with 3D Systems' end-to-end solutions, and the other with conventional processes.

The firm found that using 3D Systems' Cimatron mold-making software, Geomagic Control and the ProX DMP 200 3D printer resulted in measurably higher productivity and cost efficiency. It also streamlined the manufacturing process.

Further, compared with traditional methods, Cimatron design and analysis reduced programming and shop time by more than 40 hours.

Thus, the solutions facilitate a more efficient production run for Bastech by enabling faster designing and more efficient and economical molds, further boosting company productivity.

In order to share Bastech's findings from its benchmark testing, 3D Systems and Bastech will host a design and manufacturing webinar. They will also discuss how 3D Systems' end-to-end solutions have the potential to unlock greater efficiency and cut costs.

3D SYSTEMS CORP Price

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3D Systems is taking many such initiatives to channelize its resources into more lucrative areas in professional and industrial markets. The company also conducted numerous successful product launches and strategic deals.

Over the past few quarters, the company has been experiencing unfavorable broader market conditions that have badly hit its financial performance. It is grappling with a strong volatility in macroeconomic factors such as economic slowdown, inflation, currency fluctuations, commodity prices and credit availability. These conditions continue to impact this Zacks Rank #5 (Strong Sell) company's performance and future outlook negatively.

Some better-ranked stocks in the broader computer & technology sector include Key Tronic Corp. KTCC , TransAct Technologies Incorporated TACT and Zix Corporation ZIXI . Each of these stocks carry a Zacks Rank #2 (Buy).

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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