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Slide #2. ARC Group Worldwide — Kecy Corporation
ARC Group Worldwide (ARCW)
ARC Group Worldwide, Inc. (NASDAQ: ARCW), a leading global provider of advanced manufacturing and 3D printing solutions, today announced it has signed a definitive agreement for acquisition of the business of Kecy Corporation ("Kecy"). Kecy is one of the industry's leading precision metal stamping companies, utilizing advanced manufacturing, robotics, automation, and die-making equipment. The company also offers value-added secondary processing with an experienced design and production staff. The transaction is structured as an acquisition of substantially all of the assets of Kecy (the "Acquisition"). The closing of the Kecy Acquisition is expected to occur on June 25, 2014.
ARC Group Worldwide is a manufacturer providing a range of products and services, focusing on metal injection molding (MIM) and metal 3D printing (also referred to as additive manufacturing). Through its product offering, Co. provides its customers with a prototyping and production solution for both precision metal and plastic fabrication. Co. operates three segments: Precision Components Group, which provides precision metal components using processes consisting of MIM; Stamping Group, which consists of Co.'s precision metal stamping operations; and 3DMT Group, which consists of Co.'s subsidiary, 3D Material Technologies, LLC, its metal 3D printing and additive manufacturing operations.
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Strong Buy (4.00 out of 4)
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