Prototek Builds One-Stop Destination for On-Demand Manufacturing with Addition of Midwest Prototyping
Summary
CONTOOCOOK, N.H.--(BUSINESS WIRE)--Prototek Holdings LLC ("Prototek"), a leading national provider of rapid prototyping and low volume production services for precision machined and sheet metal fabricated parts, today announced it completed the acquisition of Midwest Prototyping LLC, one of the nations largest independent additive manufacturing services businesses and a leader in digital (3D) manufacturing. The joining of the two organizations comes at an exciting point in the growth of both firms, allowing them to provide a single destination for increasingly complex prototyping and low-volume manufacturing needs of customers. “We can now meet all of the prototyping and low volume production needs for our customers through a broad range of cutting-edge manufacturing capabilities and increased size, scale and efficiency, with the same high quality they’ve come to expect. “We expect this to be the beginning of significant additional investments in organic and inorganic initiatives that will position the company to capitalize on a dynamic industrial manufacturing market.” Terms of the transaction were not disclosed. Prototek is a leading national rapid prototyping services provider of precision machined and sheet metal fabricated parts and components for a variety of end markets, including aerospace, defense, medical, robotics, electronics, consumer, and general industrial.