3D Systems Acquires Paramount Industries

When will the buying stop? Apparently not anytime soon. (Queen’s song, Another one bites the dust, keeps ringing in my ears.) It looks like the 3D printing/additive manufacturing industry is going to be divided between two companies, 3D Systems Corp., and the new Stratasys Ltd.

3D Systems Corp. (NYSE: DDD) announced that it has acquired Paramount Industries, an experienced direct manufacturing and product development solutions provider for aerospace and medical device applications; offering services from complete design-to-manufacturing to the production of certified end-use parts and products.

3D Systems plans to integrate Paramount’s state-of-the-art manufacturing facilities and advanced tooling and assembly operations with its growing on-demand direct manufacturing services. Paramount Industries maintains AS9100C and ISO 9001:2008 certifications along with an ITAR registration.

Paramount expanded its reach into the growing aerospace and medical device industries with 3D Systems’ SLS® production printers.

3D Systems
www.3DSystems.com

Paramount Industries
www.paramountind.com