Oftentimes, these machines are highly specialized, meaning that there is no price break in producing their parts as there are no economies of scale. Instead, producing the parts needed to keep these machines running is costly, both in terms of the time created to design and fabricate them and in terms of the money that has to be spent. 3D technologies have lots of potential to impact the number of resources that have to be dedicated to creating the components that keep businesses doing what they do best. This is because additive manufacturing and the associated technologies make the design of one-off, custom parts easier to undertake in a greatly reduced time frame. The fabrication of those parts is also able to be undertaken on a greatly reduced time frame and with fewer materials than traditional manufacturing techniques consume.
Recognizing the potential that lies in 3D technologies is what laid the groundwork for the partnership between Azoth and Rize that promises to deliver additive manufacturing solutions to the industrial manufacturing market. Rize is a Boston-based, next-generation additive manufacturing company and Azoth, appropriately named after what alchemists believed was an essential element in the transformation of base metals into gold, is wholly-owned subsidiary operated by Production Services Manufacturing, Inc. (PSMI), a world leader in providing metal removal solutions and engineering expertise for the world’s largest manufacturers through increasing operational effectiveness. Scott Burk, Co-President of PSMI, explained what the vision is for the products of this partnership:
“PSMI offers services at more than 250 plants across multiple countries, including OEMs, like John Deere, General Motors and Eaton Corporation. We intend to have each and every one of those locations deliver innovative additive manufacturing products and services to our customers.”
“We are delighted to partner with a visionary company like Azoth to help drive a new business model based on RIZE’s APD additive manufacturing technology. RIZE is a future-proof technology in the fast-moving additive space. This partnership further demonstrates RIZE’s vision and leadership to enable Additive at Scale.”
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