RIZE Inc., a Boston, USA-based, next-generation additive manufacturing company, and PSMI, a world leader in providing metal removal solutions and engineering expertise for the world’s largest manufacturers, announced a partnership to offer a new business model for providing additive manufacturing for the industrial manufacturing market.
Tooling applications comprise many of the key application areas for additive manufacturing in the market. With the formation of Azoth, PSMI demonstrates their vision to drive a digital transformation for their customers in the area of prototype and MRO products.
For the first time, Azoth, with support from RIZE, will create and operate the Additive Indirect Supplies Crib to provide manufacturers with custom prototype tooling, gaging, fixturing and more on site at dramatically reduced lead times and cost, increasing their customers’ competitive advantage. Cost reductions of 50X and leadtime reductions of 30X are feasible using RIZE’s additive manufacturing technology vs. subtractive methods to produce products. RIZE Authorized Reseller, Dynamic Detroit, a leader in subtractive machine tools and AM technology serving the USA Midwest, will provide sales and services support to Azoth.
“PSMI offers services at more than 250 plants across multiple countries, including OEMs, like John Deere, General Motors and Eaton Corporation,” said Scott Burk, Co-President of PSMI. “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,” said Andy Kalambi, President and CEO of RIZE Inc. “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.”
“The opportunities enabled by the partnership of these global leaders in subtractive and additive manufacturing technologies is enormous,” said Vince Mileto, President of Dynamic Detroit. With our rich heritage of increasing our customers’ profitability, we look forward to bringing the significantly enhanced value this partnership and new business model offers to our customers.”