Expansion
3D Systems and Precision Resource Break Ground on Two Metal Additive Manufacturing Facilities
By News Desk ·
Key takeaways
- Precision Resource broke ground on additive manufacturing locations in Huntington Beach, California, and Shelton, Connecticut.
- The sites will use 3D Systems' DMP Flex 350 Triple metal printers and are expected to be operational in Q1 2027.
- The Huntington Beach expansion will double that site's current industrial additive manufacturing capacity.
Precision Resource broke ground on two additive manufacturing facilities, in Huntington Beach, California, and Shelton, Connecticut, that will use 3D Systems' DMP Flex 350 Triple metal printers and are expected to be operational in Q1 2027, Stock Titan reported on October 28, 2026. 3D Systems is the originator of 3D printing and supplies additive manufacturing hardware, materials, software and services to aerospace, defense, healthcare, dental, automotive and industrial customers, according to company records.
What Precision Resource Is Building in California and Connecticut
The Huntington Beach site is Precision Resource's second additive manufacturing location, and the expansion will double the site's current industrial additive manufacturing capacity. The Shelton site is the company's first additive manufacturing location and can expand further as demand grows. Precision Resource will also add in-house heat treatment and expand complex machining capabilities, giving commercial and defense customers a more integrated path from 3D printed part to finished component.
The new DMP Flex 350 Triple machines add to Precision Resource's existing fleet of DMP 350 systems. "This expansion is much more than adding machines. We are building something significant by connecting our Huntington Beach and Shelton operations into an integrated additive manufacturing network," said Chris Gratton, Director of Additive and Machine Operations at Precision Resource. Reji Puthenveetil, 3D Systems' EVP, Additive Solutions and Chief Commercial Officer, said the new facilities "will help accelerate the adoption of high-volume, production-grade metal additive manufacturing for critical commercial and defense applications." The Q1 2027 target coincides with Precision Resource's 80th year in business.
3D Systems' Recent Funding and Product Moves
3D Systems completed an upsized $50 million public stock offering in June 2026, selling 16,393,443 shares at $3.05 per share, according to akta.pro funding records. The same records list a $30.8 million post-IPO debt round in December 2025 and a $92 million post-IPO debt round in June 2025. In April 2026, 3D Systems launched the SLA 825 Dual stereolithography production system and the AddiTrak on-premises factory-floor software platform at RAPID + TCT 2026 in Boston.
3D Systems' Path to the Groundbreaking
3D Systems opened a new Industrial Technology Center in Littleton, Colorado, adding about 50,000 square feet of manufacturing and office space, Stock Titan reported in October 2026. In September 2026, 3D Systems entered a Cooperative Research and Development Agreement with Savannah River National Laboratory to accelerate additive manufacturing innovation for advanced energy generation and national security applications, TCT Magazine reported. 3D Systems reported Q2 2026 revenue of $94.6 million, down 0.3% year-over-year, with healthcare revenue rising 6.9% to $48.1 million and industrial revenue falling 6.6% to $46.5 million, 3D Printing Industry reported in October 2026.
3D Systems' Third Quarter Results Date
3D Systems will release its third quarter 2026 financial results after the U.S. stock market closes on November 4, 2026, and will hold a conference call and webcast on November 5 at 8:30 a.m. Eastern Time, GlobeNewswire reported.