Seattle WA, May 12, 2021 – 3DX Industries Inc. (DDDX) (the “Company” or “3DX”), a state of the art additive manufacturer specializing in 3D Metal Printing, announced today the onboarding of Harold L. Blackwell as Head of Acquisitions. Mr. Blackwell will focus on strategically targeting distressed & undervalued manufacturing facilities with additive and subtractive capabilities.
Mr. Blackwell stated, "I am enthusiastic about leveraging my experience and contacts to expand efforts at 3DX Industries. The all star team being recruited and the exciting 3D Printing sector, combined with their knowledge in both metal additive and subtractive processes make for an exciting opportunity. My mission is to help the Company acquire strategic assets & business operations across the globe to facilitate the business plan to become an industry leader in the manufacturing world.”
Mr. Blackwell has held various senior positions in his tenured career. Working for General Electric, UBS, and other major corporations, Harold L. Blackwell advanced his career from operational service representative to client relationship manager. Harold’s corporate career culminated in seven years with the Royal Bank of Scotland (RBS) in Stamford, CT managing the relationships of 20 multi-billion-dollar financial institutions. Harold is also currently Managing Principal of Chestnut Street Consulting, and a senior advisor with BlueCreek Advisors LLC a New York-based advisory firm that provides best in class services to lower middle market companies and real estate investors.
"Bringing on senior executives with the experience of Mr. Blackwell is part of our mission to advance 3DX Industries within the manufacturing sector, stated Roger Janssen, CEO and Chairman of 3DX Industries, Inc. "Expansion will come in several forms, including strategic acquisitions. We believe if acquired cost effectively, these acquisitions can prove extremely profitable to our operations and play a large role in positioning 3DX to be a leader in additive manufacturing.”
The new hire takes effect immediately. Harold L. Blackwell, Head of Acquisitions will report directly to Nicholas Coriano, VP.
About the Company: 3DX Industries, Inc. is focused on the additive metal manufacturing segment within the manufacturing industry. 3DX has the capability of manufacturing a wide variety of products using its 3D metal printing system, 3D plastic printing as well as more traditional methods of precision manufacturing. 3DX offers additive and traditional manufacturing services as well as product design, engineering and assembly services to its customers.
About Binder Jet: 3DX uses an additive manufacturing process, otherwise known as three-dimensional printing which materializes an object—or mold for an object—layer by layer out of powdered material, a binding agent and a digital file. The process is also referred to as Binder Jetting Technology. Binder Jetting is a powder bed process, where a binder is used to selectively ‘print’ the desired part shape by adhesively joining the metal particles. After the jetting process, the green part is sintered in a furnace to burn off the binder and then an infiltrant, typically bronze or copper, is melted and drawn into the part to fill in the remaining spaces within the sintered metal powder skeleton to create a dense component. The resulting parts combine properties from both the metal powder and the infiltrant.
Safe Harbor 3DX encourages those interested in our Company to rely only on information included in our filings. Statements released by 3DX Industries, Inc. that are not purely historical are forward-looking within the meaning of the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the company's expectations, hopes, intentions, and strategies for the future. Investors are cautioned that forward-looking statements involve risk and uncertainties that may affect the company's business prospects and performance. The company's actual results could differ materially from those in such forward-looking statements. Risk factors include but are not limited to general economic, competitive, governmental, and technological factors as discussed in the company's filings. The company does not undertake any responsibility to update the forward-looking statements contained in this release.
For additional information please contact:
3DX Industries, Inc.
6920 Salashan Parkway Suite D-101
Ferndale WA 98248
Visit the 3DX Industries, Inc. web site at www.3dxindustries.com. Information included on the Company's website is not incorporated herein by reference or otherwise.