ROCK HILL, S.C. (Jan. 7, 2 p.m. ET) — 3D Systems Corp. has signed a deal to buy Geomagic Inc., a supplier of design, sculpt and scan software tools used to create 3D content and inspect products. When the deal closes, Geomagic founder and CEO Ping Fu will become 3D Systems’ chief strategy officer.
In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.
Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.