ROCK HILL, S.C., Feb. 3, 2020
/PRNewswire/ -- 3D Systems (NYSE:DDD) today
announced an expanded relationship with Sanmina, a global leader in
integrated manufacturing services, to manufacture certain plastic
3D printing platforms. This latest agreement builds on an
existing multi-year relationship that originally included the
manufacturing of 3D Systems' Figure 4® platform, and
will now expand to include all plastics hardware at its Marine
Drive manufacturing facility in Rock Hill, South Carolina.
Relying on Sanmina's global scale and industry-leading
manufacturing capabilities enables 3D Systems to focus more capital
investments in R&D, plastics material manufacturing, software,
application development, and services to accelerate innovation and
maintain competitive advantage.
"Three years ago, 3D Systems set out to have world-class
manufacturing capabilities for our products," said Phil Schultz, executive vice president,
operations, 3D Systems. "We've had an ongoing relationship with
Sanmina to manufacture our Figure 4 platform, and their expertise
with our products, their commitment to quality, their understanding
of our operations is incredibly valuable. We're confident
that this expanded relationship with Sanmina will allow us to
continue to deliver best-in-class solutions to our customers and
will provide 3D Systems greater competitive advantage through a
lower cost-structure."
"We're excited to grow our relationship with a world-leader in
digital manufacturing solutions," said Mike
Giggey, SVP, business development, Sanmina. "We're committed
to applying our expertise in manufacturing to continue to exceed
customer expectations and deliver the highest quality 3D printers
available."
Forward-Looking Statements
Certain statements made in
this release that are not statements of historical or current facts
are forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements involve known and unknown risks, uncertainties and other
factors that may cause the actual results, performance or
achievements of the company to be materially different from
historical results or from any future results or projections
expressed or implied by such forward-looking statements. In many
cases, forward-looking statements can be identified by terms such
as "believes," "belief," "expects," "may," "will," "estimates,"
"intends," "anticipates" or "plans" or the negative of these terms
or other comparable terminology. Forward-looking statements are
based upon management's beliefs, assumptions, and current
expectations and may include comments as to the company's beliefs
and expectations as to future events and trends affecting its
business and are necessarily subject to uncertainties, many of
which are outside the control of the company. The factors described
under the headings "Forward-Looking Statements" and "Risk Factors"
in the company's periodic filings with the Securities and Exchange
Commission, as well as other factors, could cause actual results to
differ materially from those reflected or predicted in
forward-looking statements. Although management believes that the
expectations reflected in the forward-looking statements are
reasonable, forward-looking statements are not, and should not be
relied upon as a guarantee of future performance or results, nor
will they necessarily prove to be accurate indications of the times
at which such performance or results will be achieved. The
forward-looking statements included are made only as of the date of
the statement. 3D Systems undertakes no obligation to update or
review any forward-looking statements made by management or on its
behalf, whether as a result of future developments, subsequent
events or circumstances or otherwise.
About 3D Systems
More than 30 years ago, 3D Systems
brought the innovation of 3D printing to the manufacturing
industry. Today, as the leading AM solutions company, it empowers
manufacturers to create products and business models never before
possible through transformed workflows. This is achieved with the
Company's best-of-breed digital manufacturing ecosystem - comprised
of plastic and metal 3D printers, print materials, on-demand
manufacturing services and a portfolio of end-to-end manufacturing
software. Each solution is powered by the expertise of the
company's application engineers who collaborate with customers to
transform manufacturing environments. 3D Systems' solutions address
a variety of advanced applications for prototyping through
production in markets such as aerospace, automotive, medical,
dental and consumer goods. More information on the company is
available at www.3dsystems.com.
View original content to download
multimedia:http://www.prnewswire.com/news-releases/3d-systems-expands-sanmina-relationship-to-provide-plastic-printer-manufacturing----driving-greater-quality-availability-and-reliability-while-improving-3d-systems-cost-structure-300997266.html
SOURCE 3D Systems