ADDMAN has completed the corporate acquisition of Forecast 3D for an undisclosed amount. This transaction marks a significant expansion for ADDMAN, bringing Forecast 3D's extensive additive manufacturing capabilities under its umbrella. The acquisition is a clear strategic move to enhance ADDMAN's offerings in the advanced manufacturing sector.
Forecast 3D, established in 1994, is a provider of custom manufacturing and 3D printing services. The company specializes in a range of additive manufacturing technologies, including FDM, SLA, PolyJet, DMLS, and MJF, alongside CNC Machining and ProCAST RTV tooling. Serving industries such as healthcare, automotive, aerospace, consumer goods, and design, Forecast 3D has built a reputation for delivering solutions from intricate prototypes to high-volume production runs from its 50,000 square foot facility.
This acquisition is strategic for ADDMAN, a company focused on delivering advanced manufacturing solutions. By integrating Forecast 3D's specialized expertise and diverse technology portfolio, ADDMAN aims to significantly broaden its additive manufacturing footprint. The move is expected to enhance ADDMAN's capacity to provide comprehensive, end-to-end manufacturing services, addressing complex production challenges across a wider array of industrial applications.
The synergy between the two entities is anticipated to create a more robust and versatile manufacturing powerhouse. Forecast 3D's deep experience in various 3D printing processes and short-run manufacturing, combined with ADDMAN's strategic vision, will enable the unified company to offer an expanded suite of services. This integration is set to improve operational efficiencies and accelerate innovation in custom manufacturing.
Looking ahead, the combined entity is positioned to leverage its enhanced capabilities to meet the evolving demands of modern manufacturing. The acquisition is expected to drive growth and strengthen its competitive standing in the rapidly advancing field of additive and custom manufacturing.