Proto Labs, Inc. operates as an online and technology-enabled quick-turn manufacturer of custom parts for prototyping and short-run production. The company provides Real Parts, Really Fast to product developers and engineers worldwide. The company’s customers conduct majority of their business with the company over the Internet. The company targets its products to various product developers and engineers who use three-dimensional computer-aided design (3D CAD) software to design products across a range of end-markets. The company’s manufacturing product lines include injection molding, computer numerical control (CNC) machining and additive manufacturing. Product Lines The company’s Fineline, Firstcut and Protomold product lines offer many product developers and engineers the ability to outsource their quick-turn custom parts manufacturing. Fineline The company’s Fineline additive manufacturing product line, often referred to as 3D printing, includes stereolithography, selective laser sintering and direct metal laser sintering processes, which offers customers various precision rapid prototyping. Firstcut The company’s Firstcut product line uses commercially available CNC machines to cut plastic or metal blocks into one or more custom parts based on the 3D CAD model uploaded by the product developer or engineer. The Firstcut product line is suited to produce small quantities, typically in the range of 1 to 100 parts. Protomold The company’s Protomold product line uses its 3D CAD-to-CNC machining technology for the automated design and manufacture of thermoplastic, metal, or liquid silicone injection molds, which are then used to produce custom injection-molded parts on commercially available equipment. The company’s Protomold product line is used for prototype, on-demand and short-run production. Prototype quantities typically range from 25 to 100 parts. Because the company retains possession of the molds, customers who need short-run production often come back to Protomold for additional quantities typically ranging up to 10,000 parts or more. Strategy The principal elements of the company’s strategy include expanding the customer base; adding manufacturing processes; and broadening the parts envelope. Intellectual Property The company owns and has applications pending for patents relating to various aspects of its quoting and manufacturing processes. The company’s patents have expiration dates ranging from 2022 to 2032. The company also owns approximately 13 registered United States trademarks or service marks with corresponding registered protection in Europe and Japan for the most important of these marks, such as PROTO LABS, PROTOMOLD, FIRSTCUT, PROTOQUOTE, FIRSTQUOTE and PROTOFLOW and corresponding registered protection in Australia, Canada and Mexico for PROTOMOLD. History Proto Labs, Inc. was founded in 1999. The company was incorporated in Minnesota in 1999.
proto labs inc (PRLB:New York)
5540 Pioneer Creek Drive
Maple Plain, MN 55359
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