Seeking Alpha

ExOne buys industrial microwave maker, machining shop

  • ExOne (XONE +2.1%) has bought MWT, a German maker of industrial microwaves, and the assets of Machin-A-Mation, a Michigan-based machining shop. Between them, the acquisitions cost $9.8M.
  • The 3D printer maker says MWT's microwaves will be used to strengthen its sand printing offerings, and that Machina-A-Mation, located near an ExOne production service center focused on aerospace/shipbuilding clients, will help it "address the finishing requirements for complex parts which are cast from [ExOne's] 3D printed sand molds."
  • MWT's microwave ops will be folded into ExOne's Augsburg, Germany manufacturing ops.
Comments (1)
  • Esekla
    , contributor
    Comments (3488) | Send Message
    Here's my commentary from market open, contrasting this with the many acquisitions by 3D systems:

    7 Mar 2014, 12:33 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs