| VALENCIA, Calif., Aug 26, 2008 (BUSINESS WIRE) -- Solid Concepts Inc. ( http://www.solidconcepts.com), a world leading rapid prototyping and manufacturing company, has just finalized the acquisition of Composite Tooling Technologies, Inc. (CTTI) in Troy, Michigan, to expand their existing CNC and Cast Urethane products while adding Fiberglass Reinforced Plastic (FRP) expertise to their offerings.
CTTI has had great success in the Midwest for over twelve years as a valued supplier to automotive and other local industries. Under the direction of Dave Mast and Tim Cochran, the company has grown to occupy 18,000 square feet by continually pushing the technology envelope with creative solutions. The company is well known for producing large prototype/pre-production urethane and FRP parts utilizing large platform CNC machines and proprietary short run tooling capabilities.
Jeff Lemker, Solid Concepts' Vice President of Manufacturing, expressed his hearty endorsement, "We have studied many acquisition candidates, and CTTI has proven to be a shining star representing a perfect fit to augment our capabilities. I have known Dave and Tim for over 14 years, and this addition of perseverant and talented management to Solid Concepts is priceless."
The consolidation of CTTI into Solid Concepts will provide existing CTTI customers with a broad array of prototype and production capabilities not previously available to them. With the addition of the Michigan facility, Solid Concepts now operates five U.S. production facilities in addition to having sales and project engineering representation throughout the U.S. and Canada.
Founded in 1991, Solid Concepts is a multiple technology company known as a solutions provider with project management and engineering expertise. Capabilities in Stereolithography (SLA), Selective Laser Sintering (SLS), Direct Layered Metals, Advanced Cast Urethanes, and CNC rapid prototypes allows for low-volume production of plastic, urethane, and metal components directly from design data, resulting in significant time and cost savings. The addition of Tooling and Molding expertise allows customers of Solid Concepts to go from prototype to production utilizing an experienced product development team. Solid Concepts is both ISO 9001:2000 and AS9100 Rev. B certified. More information about Solid Concepts can be found on their website at www.solidconcepts.com.
SOURCE: Solid Concepts Inc. Solid Concepts Inc.
Scott McGowan, 661-295-4400
smcgowan@solidconcepts.com
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