Page 8 - Metalforming Magazine April 2022

News Fronts
Agreements
Xometry Acquires Thomas, Accelerating the Manufacturing Industry’s Digital Transformation
Xometry, Rockville, MD, a global marketplace for on- demand manufacturing, has announced the acquisition of Thomas (Thomasnet.com), a provider of product sourcing, sup- plier selection and digital marketing solutions. The cash and stock transaction, valued at $300 million, is expected to close by presstime.
Business Notes
GF Machining Solutions Invests in North American Medical Manufacturing
GF Machining Solutions, Lincolnshire, IL, has established a Medical Center of Competency and has appointed Donn Wuestenberg as medical business development manager. The new center, scheduled to open later this year, will provide North American medical-industry manufacturers with compre- hensive applications support along with worldclass production technologies, including precision milling, EDM, laser texturing, micromachining and automation. Its teams will provide strate- gies and technologies for improving the production of medical instruments, orthopedic and trauma implants, consumables, dental parts, packaging, and more.
Wuestenberg, with more than 20 years of manufacturing experience, is a master electrician and journeyman industrial electrician, and has expertise in plant production, project design, and die/mold and production machinery for medical parts.
Training
Larson Tool & Stamping Publishes Informative Metal Stamping Guide
Larson Tool & Stamping, Attleboro, MA, has pub- lished a new deep-drawn stamping guide that fea- tures its proven knowl- edge about deep-drawn stamping and serves as
an aid to designing
products to be manu-
factured by the deep-
draw process. Learn
about the process and
its benefits; the anatomy of deep-
drawn stamping; how to specify a drawn shell; and more. Download the guide at marketing.larsontool.com/deep-drawn- stamping-guide-download.
Facilities
Grand Steel Products Opens New Tenn. Facility
Grand Steel Products, Wixom, MI, a flat-rolled steel service center and steel distributor, has opened a new toll-processing and warehousing facility in Clinton, TN. Grand Steel Processing-TN operates two slitting lines, with coil capacity to 25 tons received by truck and rail (three-car indoor rail-siding serviced by NS) for inbound and outbound shipments.
The acquisition of Thomas will rapidly expand Xometry’s buyer and seller base, enhancing its global digital marketplace, according to company officials. Xometry also expects to lever- age Thomas’ marketing and data services to deliver end-to-end services for sellers with additional marketing products.
“Xometry and Thomas share a common mission of champi- oning the digital transformation of the manufacturing industry, one of the largest sectors of the global economy and the foun- dation for innovation everywhere,” says Xometry CEO Randy Altschuler. “Thomas brings strong brand equity, trusted and extensive relationships, proprietary data, and advanced full- funnel marketing services.”
At the end of Q3 2021, Xometry had 26,187 active buyers, including nearly 30 percent of the Fortune 500. Leveraging AI and machine-learning technology, the Xometry marketplace reportedly provides immediate pricing, delivery lead times and quality assurance in a highly fragmented environment, as well as a suite of financial products that enable manufacturers to grow their businesses.
Wauseon Machine Acquires McAlister Design to Expand Automation Capabilities
Wauseon Machine and Manufacturing, Inc., Wauseon OH, a provider of robotic automation, tube-fabrication equipment
and build-to-print precision machined parts, has acquired McAlister Design and Automation LLC, Greenville, SC. The acquisition, say company officials, is a springboard for Wauseon Machine’s ambitious growth plans to make its automation capabilities and services available in more regions of the country.
McAlister, specialists in robotics, vision systems, semiauto- matic operator workcells and welding-automation systems, operates from four facilities, totaling 48,000 sq. ft.
e-Book
Deep Drawn Stamping Design Guide
By Neil Fonger, Sales Manager
Deep draw is a highly specialized process in metal stamping requiring properly equipped press equipment and engineering expertise. Knowing how material will react to deep draw and being able to manufacture products with accuracy and consistency is both an art and a science. At Larson Tool, we have been deep draw stamping for nearly all of our 100+ years in business, and have
built a reputation in the industry as deep draw experts. We have developed proprietary processes for deep draw stamping and customized products for our customers. As subject-matter experts, we feel a responsibility to share our expansive knowledge about deep draw stamping—which is why we’ve created this helpful guide on the topic. The more you know, the easier it will be for you below in chronological order or jump to the section that interests you most:
> The Process 2

6 MetalForming/April 2022
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