Fathom
Assembly Line
CORE Industrial Partners Completes Take-Private of Fathom Digital Manufacturing Corporation
CORE Industrial Partners, a manufacturing, industrial technology, and industrial services-focused private equity firm, announced the successful completion of its take-private transaction of Fathom Digital Manufacturing Corporation, a provider of on-demand digital manufacturing services. As a result of the transaction, Fathom Class A common stock has ceased trading and will no longer be listed on the New York Stock Exchange.
Founded in 1984, Fathom offers 25 unique manufacturing processes, including both plastic and metal additive technologies, CNC machining, injection molding & tooling, sheet metal fabrication, and design & engineering, to serve customers across a variety of end markets, most notably technology, defense, aerospace, medical, automotive and IOT. Headquartered in Hartland, Wisconsin, Fathom operates a nationwide footprint of ten facilities covering nearly 420,000 square feet. The Company holds a variety of registrations and certifications, including ISO 9001, IS0 13485, AS9100 and ITAR.
3D Printing Drives Growth In On-Demand Manufacturing
This new breed of on-demand digital manufacturing company is highly invested in software and digitally driven manufacturing technologies, such as industrial 3D printing. They not only promise faster and more efficient part manufacturing locally, but digital solutions that enable cost-saving product innovations and accelerated time to market for nearly any type of product.
The company’s newest microfactory on Chicago’s Goose Island features industrial 3D printers from Carbon and HP along side digitally integrated CNC machines, as part of Fast Radius’ Cloud Manufacturing Platform. The microfactory will produce component parts for companies across industries including electric vehicles, medical and healthcare devices, and consumer goods. The World Economic Forum named Fast Radius one of nine best factories in the world implementing “technologies of the Fourth Industrial Revolution” or Industry 4.0.