Precision Resource Breaks Ground on Two New Production Additive Manufacturing Facilities and Expands Value-Added Services in Partnership with 3D Systems

Precision Resource is adding DMP Flex 350 Triple printers to its existing fleet of 3D Systems equipment.

Rhea-AI Summary

3D Systems (NYSE:DDD) and Precision Resource announced groundbreaking for two production metal 3D-printing facilities that will use 3D Systems technology. The Precision Resource facilities in Huntington Beach, California, and Shelton, Connecticut are expected to be operational in Q1 2027.

Precision Resource is adding DMP Flex 350 Triple metal printers to its existing fleet of DMP 350 systems. The Huntington Beach expansion will double that site's current industrial additive manufacturing capacity, while Shelton will gain its first additive manufacturing location, with room to expand as demand grows. Precision Resource also plans to add in-house heat treatment and expand complex machining, connecting the locations into a manufacturing network serving commercial and defense customers.

Positive

• Minor point. Forward-looking: it has not happened yet and may not happen.Precision Resource's two new facilities will deploy 3D Systems technology, expanding an existing customer's equipment footprint.

Negative

• None.

Key Figures

New facilities: 2 facilities Capacity expansion: Double the site's current capacity Expected operational timing: Q1 2027

New facilities

2 facilities

Groundbreaking announced in California and Connecticut

Capacity expansion

Double the site's current capacity

Huntington Beach location

Expected operational timing

Q1 2027

New facilities

Key Terms

additive manufacturing, laser powder bed fusion, fine blanking

3 terms

additive manufacturing technical

"two new additive manufacturing locations"

Additive manufacturing, often called 3D printing, builds physical parts by laying down material layer by layer from a digital design, rather than cutting or molding from a solid block. It matters to investors because it can cut production time and waste, enable cheaper prototypes and customized products, and reshape supply chains—changes that can lower costs, speed new products to market, and create competitive advantages that affect a company's revenue and margins.

laser powder bed fusion technical

"laser powder bed fusion additive manufacturing"

Laser powder bed fusion is a type of 3D printing where a thin layer of metal powder is spread across a platform and a focused laser melts selected areas to fuse particles together, repeating layer by layer to build a finished metal part. Investors should care because it enables complex, lightweight designs, faster prototyping, and lower tooling costs compared with traditional manufacturing—factors that can reduce production time, cut supply‑chain steps, and open new market opportunities, but may require different quality controls and certification.

fine blanking technical

"capabilities including fine blanking"

A metalworking process that produces precise, smooth-edged parts by shearing sheet metal inside a specialized press with a matching punch and die while applying high, evenly distributed pressure and often a surrounding counter-pressure ring; the method minimizes burrs and deformation so finished parts need little or no secondary machining. Fine blanking requires dedicated tooling and presses and is typically used for flat, thin parts where tight dimensional tolerances and clean shear surfaces are required; its strength is high-quality edges, and its limitation is higher tooling and equipment cost compared with conventional stamping.

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• Precision Resource expands U.S. production metal additive manufacturing footprint with new locations in California and Connecticut
• Expands Precision Resource's additive manufacturing network and supports a more integrated manufacturing solution for commercial and defense customers
• Deploys 3D Systems' metal additive manufacturing technology to expand production capacity, accelerate production at scale, and support long-term growth
  

ROCK HILL, S.C. and SHELTON, Conn., Oct. 28, 2026 (GLOBE NEWSWIRE) -- 3D Systems (NYSE:DDD) and Precision Resource, a leader in the production of critical components for the automotive, heavy-duty, aerospace, and medical device industries, today announced the groundbreaking of two new additive manufacturing locations, one in Huntington Beach, California, and one in Shelton, Connecticut. Precision Resource will further add in-house heat treatment and expand its complex machining capabilities, giving commercial and defense customers a more integrated path from 3D printed part to finished component. The facilities will utilize advanced metal additive manufacturing systems from 3D Systems and are expected to be operational in Q1 2027, a milestone that coincides with Precision Resource's 80th year in business.

In Huntington Beach, California, Precision Resource is breaking ground on its second additive manufacturing location. This expansion will double the site’s current industrial additive manufacturing capacity.

In Shelton, Connecticut, the company is breaking ground on its first additive manufacturing location that can further expand as demand grows.

Together, the Huntington Beach and Shelton investments expand Precision Resource's additive manufacturing ecosystem and strengthen its partnership with 3D Systems, creating a connected manufacturing network across both locations. The expansion positions Precision Resource to significantly increase production capacity while creating one of the most comprehensive metal additive manufacturing networks in North America, supporting growing demand from commercial and defense customers.

"This expansion is much more than adding machines. We are building something significant by connecting our Huntington Beach and Shelton operations into an integrated additive manufacturing network," said Chris Gratton, Director of Additive and Machine Operations at Precision Resource. "Together, these operations give our customers greater capacity, flexibility, and a faster path from print to finished component. They also allow us to reduce supply-chain complexity, provide greater manufacturing and geographic redundancy, and take on increasingly demanding production programs with the speed, quality and reliability our customers require."

Precision Resource is expanding its additive manufacturing capabilities with the addition of 3D Systems' DMP Flex 350 Triple metal 3D printing technology. These new machines add to the fleet of DMP 350 systems already in operation at Precision Resource, further expanding a proven additive manufacturing platform that has supported the company's growth in production applications across commercial and defense markets. The platform combines high-throughput production with exceptional part quality and repeatability, helping Precision Resource meet growing demand for complex, production-grade metal components across commercial and defense markets.

"Precision Resource has established itself as a leader in delivering high-quality, production-ready metal components to demanding markets," said Reji Puthenveetil, EVP, Additive Solutions and Chief Commercial Officer, 3D Systems. "This expansion demonstrates how additive manufacturing is increasingly becoming an integrated production solution for critical commercial and defense applications. By combining Precision Resource's manufacturing expertise with 3D Systems' advanced DMP technology and application expertise, these new facilities will help accelerate the adoption of high-volume, production-grade metal additive manufacturing for critical commercial and defense applications while providing customers with the scale, consistency, and reliability required for mission-critical programs."

About Precision Resource

Founded in 1947, Precision Resource is a global manufacturer of custom engineered metal components headquartered in Shelton, Connecticut. The company serves automotive, heavy duty, medical, semiconductor, commercial and defense markets with capabilities including fine blanking, grinding, lapping, laser powder bed fusion additive manufacturing, heat treatment and complex machining.

Learn more at www.precisionresource.com

About 3D Systems

For 40 years, Chuck Hull’s curiosity and desire to improve the way products were designed and manufactured gave birth to 3D printing, 3D Systems, and the additive manufacturing industry. Since then, that same spark continues to ignite the 3D Systems team as we work side-by-side with our customers to change the way industries innovate. As a full-service solutions partner, we deliver industry-leading 3D printing technologies, materials, and software to high-value markets such as medical and dental; aerospace, space and defense; transportation and motorsports; data center infrastructure; and durable goods. Each application-specific solution is powered by the expertise and passion of our employees who endeavor to achieve our shared goal of Transforming Manufacturing for a Better Future. More information on the company is available at www.3dsystems.com. 

Forward-Looking Statements

Certain statements made in this release that are not statements of historical or current facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 including statements regarding the timing of product launches, regulatory approvals, market opportunities, expected revenue impact, and shareholder value. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to be materially different from historical results or from any future results or projections expressed or implied by such forward-looking statements. In many cases, forward-looking statements can be identified by terms such as "believes," "belief," "expects," "may," "will," "estimates," "intends," "anticipates" or "plans" or the negative of these terms or other comparable terminology. Forward-looking statements are based upon management’s beliefs, assumptions, and current expectations and may include comments as to the company’s beliefs and expectations as to future events and trends affecting its business and are necessarily subject to uncertainties, many of which are outside the control of the company. The factors described under the headings "Forward-Looking Statements" and "Risk Factors" in the company’s periodic filings with the Securities and Exchange Commission, as well as other factors, could cause actual results to differ materially from those reflected or predicted in forward-looking statements. Although management believes that the expectations reflected in the forward-looking statements are reasonable, forward-looking statements are not, and should not, be relied upon as a guarantee of future performance or results, nor will they necessarily prove to be accurate indications of the times at which such performance or results will be achieved. The forward-looking statements included are made only as of the date of the statement. 3D Systems undertakes no obligation to update or review any forward-looking statements made by management or on its behalf, whether as a result of future developments, subsequent events or circumstances or otherwise.

Investor Contact: investor.relations@3dsystems.com

Media Contact: press@3dsystems.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What 3D Systems equipment is Precision Resource adding at its new facilities?

Precision Resource is adding DMP Flex 350 Triple metal 3D-printing technology. The new machines will join its existing fleet of DMP 350 systems as it expands production operations in Huntington Beach, California, and Shelton, Connecticut.

When are Precision Resource's new facilities using 3D Systems technology expected to open?

Precision Resource's new facilities in Huntington Beach and Shelton are expected to be operational in Q1 2027. Groundbreaking has been announced for both locations.