Kor-Lok
Published

Stratasys, Inc. : RedEye On Demand Named Emerging Manufacturer of the Year

Minnesota Manufacturing Awards Recognize Innovation and Successes in Business

Share

 

RedEye On Demand, a business unit of Stratasys, Inc. (NASDAQ: SSYS), has been named Emerging Manufacturer of the Year as part of the 2012 Minnesota Manufacturing Awards. The company is recognized by Minnesota Precision Manufacturing Association and Minnesota BusinessMagazine for its accomplishment in creating a revolutionary alternative to traditional manufacturing by building a factory of the future. The factory gives companies in all industries and markets the ability to manufacture globally through the internet using additive manufacturing (3D printing) technologies and processes.
 
Founded in 2005, RedEye On Demand has already become the world's largest provider of rapid prototyping and direct digital manufacturing (DDM) services. With a 45,000 square foot factory based in Minnesota housing more than 100 industrial 3D printers, RedEye On Demand is the world's single largest additive manufacturing facility, and has more than double the capacity of the nearest competitor. Additionally, the company operates more than 130 Fused Deposition Modeling (FDM) additive manufacturing systems globally, making it the most advanced 3D printing service organization in the world.
 
Award winners were selected by a panel of nine executive-level judges who work in or serve the manufacturing industry. The Emerging Manufacturer of the Year was chosen based on a series of criteria including:
  • Years in business (less than 10 years required)
  • Percentage increase in revenues, capital investment and total employment from 2010 to 2011.
  • Forecasted increase in revenues for next three years
  • Programs to attract, retain or train employees
  • Efforts to increase productivity and quality
  • New services or product development efforts
"The Minnesota Manufacturing Awards program has created a standard of achievement in a sector that is extremely important to the state's economy," said Jaime Nolan, CAE, executive director at Minnesota Precision Manufacturing Association. "RedEye On Demand represents the best of the best in being a leader in their space and was selected because of their outstanding achievements and success, and especially in a difficult economic time when so many other firms were struggling to stay afloat."
"We are very proud to be a part of, and to be recognized by the manufacturing community in Minnesota," said Jeff Hanson, business development manager at RedEye On Demand. "Ten years from now, additive manufacturing will have caused so much disruption in the supply chain that it will be a widely used tool among manufacturers to boost productivity."
 
Hanson went on to say, that the company already has the necessary capabilities to accomplish this disruption and that they are excited to get to share the journey with their customers who are just beginning to see how transformative additive manufacturing is for producing low volumes of complex prototype and production parts, as well as large parts, fast.
 
According to Hansonwhat sets the company apart from others providing additive manufacturing services is its capacity, as well as its unique ability to create high quality, complex models and working parts made from one of the largest selections of real, durable thermoplastic materials.
 
Here is how 3D printing at RedEye On Demand works: from customers' digital 3D CAD files, RedEye On Demand quickly builds models and parts of virtually any size with precision, speed and accuracy. This ability provides product engineers the freedom to design and innovate for multiple iterations throughout the product development process, supports green manufacturing and increases the bottom line for customers by mitigating risk and saving time and costs to market. RedEye On Demand is able to achieve this by leveraging unique research and development efforts with Stratasys, as well as its own global network to apply innovative Internet Communication Technologies (ICT), and a real-time quoting engine. With RedEye On Demand's global network, custom parts can be produced in other RedEye On Demand facilities throughout the world, including, the closest possible point to assembly plants. This helps avoid global transportation costs and increases speed of delivery.
 
Learn more about RedEye On Demand's rapid prototyping and digital manufacturing services:

 

MMT Today enews
Techspex
VERISURF
Next-Generation Lathe
Kor-Lok
NPE2024: The Plastics Show
Entegris Poco Materials
Progressive Components
Molded to Perfection with our Plastic Mold Materia
DUOFLOW
Aquilo Cold Deck LSR Systems by Mastip Inc.
Order 24/7 from the DME eSTORE

Related Content

Leadership

Considerations for Mold Base Material Selection

Choosing the right material can greatly affect the profitability and cost of your application.

Read More

MMT Chats: Acquisition Trends and Lessons for Mold Builders

Jim Berklas is a former full-time M&A lawyer for several of the largest private equity firms in the country and has 25 years of M&A experience and 200 closed transaction. Today, he is founder and M&A Leader with Augmented Industry Services. He joins me for this MMT Chat on mergers and acquisitions trends and strategies within in the mold manufacturing industry. This episode is brought to you by ISCAR with New Ideas for Machining Intelligently.

Read More

Questions and Considerations Before Sending Your Mold Out for Service

Communication is essential for proper polishing, hot runner manifold cleaning, mold repair, laser engraving and laser welding services.

Read More

Leading Mold Manufacturers Share Best Practices for Improving Efficiency

Precise Tooling Solutions, X-Cell Tool and Mold, M&M Tool and Mold, Ameritech Die & Mold, and Cavalier Tool & Manufacturing, sit down for a fast-paced Q&A focused on strategies for improving efficiencies across their operations.

Read More

Read Next

Basics

How to Use Continuing Education to Remain Competitive in Moldmaking

Continued training helps moldmakers make tooling decisions and properly use the latest cutting tool to efficiently machine high-quality molds.

Read More
Tips

Reasons to Use Fiber Lasers for Mold Cleaning

Fiber lasers offer a simplicity, speed, control and portability, minimizing mold cleaning risks.

Read More
3D Printing

Are You a Moldmaker Considering 3D Printing? Consider the 3D Printing Workshop at NPE2024

Presentations will cover 3D printing for mold tooling, material innovation, product development, bridge production and full-scale, high-volume additive manufacturing. 

Read More
Progressive Components