Modern Machine Shop

SEP 2018

Modern Machine Shop is focused on all aspects of metalworking technology - Providing the new product technologies; process solutions; supplier listings; business management; networking; and event information that companies need to be competitive.

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SHOP TALK MMS SEPTEMBER 2018 56 Industry News have to tie up their existing production facilities. The center is headed by senior applications engineer Wes Buckley, who has 38 years of process experience in lasers and has worked at the existing laboratory for more than a decade. He is joined by three technical experts who have worked closely with major automotive, medical and aerospace companies. Recent projects include systems with galvo delivery for joining automotive battery cells for the electric vehicle market. | Amada Miyachi America Inc. | 626-303-5676 Xometry Announces Acquisition of MakeTime, New Funding Campaign Xometry recently announced that it has acquired MakeTime, bringing together the two on-demand manufacturing network platforms under the Xometry brand name. The combined company will have offices in Maryland and Kentucky. The acquisition will allow the company to grow its national partner network of manufac- turers from 1,100 to over 2,300 while gaining MakeTime's enterprise product expertise and features, including its Autodesk Fusion add-on and Shop Advantage program. Drura Parrish, MakeTime founder and CEO, will join Xometry as executive vice presi- dent for the platform. Foundry Group, one of MakeTime's inves- tors, will lead a new $25 million round of funding for the newly combined company, including contributors Almaz Capital, BMW i Ventures, GE Ven- tures, Highland Capital Partners and Maryland Venture Fund. To date, Xometry has raised a total of $63 million. Foundry Group's Seth Levine will join the company's board of directors. "This acquisition will provide our customers with access to mas- sive capacity through the industry's largest distributed manufac- turing network as well enhanced product features," says Randy Altschuler, co-founder and CEO of Xometry. Xometry recently reached 10,000 cus- tomers encompassing industries such as aerospace, automotive, When you choose SMW Autoblok, you get a comprehensive and innovative product line, brilliant engineering and, best of all, a team that focuses on customer satisfaction and productivity with one-of-a-kind tenacity. WORLD-CLASS WORKHOLDING THAT SIMPLY DOES NOT QUIT. AND NEITHER DO WE. Visit to learn more. // 847.215.0591 Find us at IMTS: Booth 431700, West Building

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