Protolabs celebrates 20th anniversary, inaugurates 12th global manufacturing plant

Leading digital manufacturing company Protolabs celebrated its 20th anniversary yesterday with the inauguration of a new facility in Brooklyn Park, Minnesota. Occupying 215,000 square feet, the new plant speciliazes in providing CNC machining services. It is the company’s 8th factory in U.S. and the 12th in the world, accompanying other sites in Northern, Central and Southern Europe. “We are truly living in an on-demand consumer economy and that’s no different for manufacturing,” said Protolabs President and CEO Vicki Holt. “Our customers are hungry for manufacturing partners that can see their products through ever-shrinking life cycles, and Protolabs is uniquely positioned to serve our customers’ needs from early prototyping to on-demand production.” Protolabs was founded in Minnesota in 1999 by Larry Lukis, former Chairman and CTO of the company. At this time, the company developed an automated workflow to expedite the production in injection molding. Now the company has grown to encompass automated production processes for CNC machining, sheet metal fabrication, and additive manufacturing. As part of this expansion, the company acquired New Hampshire-based quick-turn sheet ...

Global Cnc Machine Tools Market: Emerging Growth Factors and Regional Forecast to reach CAGR of 9.02% in 2023, Top Player like DMTG, DMG MORI, SMTCL

Global Cnc Machine Tools Market Report gives the present situation and the growth projections of the business for 2018-2023 period. The information helps in computing the market size, the report considers the revenue generated from the sales worldwide. Cnc Machine Tools Market encompassed in Machinery and Equipment Sector has been equipped based on an in-depth market analysis with inputs from industry experts which makes the research report a helpful resource for marketing people, forecasters, industry executives & consultants, Strategy Advisor, manufactures, potential investors, strategy growth manager to understand the present as well as future market size, situations in terms of growth rate and revenue. CNC machine tools are automated conventional machine tools in which the motion and function are controlled by means of a computer. The computer executes machine control commands to perform machining on a workpiece. This facilitates the production of identical parts in high volumes without compromising on quality. CNC machine tools are broadly classified into CNC lathe machines, CNC milling machines, and others on the basis of operation. Industry analysts forecast the globa...