Xometry Announces Another Partner Achieves $1M Revenue Milestone

Lynchburg Machining Reaches $1MM through Manufacturing Partner Network
 
 
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Tag:
* Manufacturing Growth

Industry:
* Manufacturing

Location:
* Gaithersburg - Maryland - US

Subject:
* Earnings

GAITHERSBURG, Md. - Oct. 18, 2019 - PRLog -- Xometry (https://www.xometry.com/?utm_source=web&utm_medium=PressRelease&utm_content=LynchburgMachining1M), the largest custom manufacturing marketplace, announced today that Lynchburg Machining (https://www.lynchburgmachining.com/) has earned $1 million in revenue through Xometry's network. Lynchburg Machining is a Virginia-based precision CNC manufacturer.

"Because of the Xometry Network, our shop is able to maintain full capacity," said Jason Rice, Lynchburg Machining Founder and Owner. "Xometry has allowed us to work with a wider variety of customers and diversify our skillset to become a competitive manufacturer."

"We love recognizing our partners when they achieve these milestones," said Jenn Ryan, VP of Network Operations. "It is meaningful to me to be part of an organization that is focused on empowering manufacturers to grow their business. We are honored to have played a key role in helping Lynchburg Machining grow its revenue."

Xometry sources all manufacturing jobs through its Partner Network (https://www.xometry.com/partner-landing?utm_source=web&am...) of over 3,000 manufacturers, including Lynchburg Machining. There is no cost to become a Manufacturing Partner and manufacturers can select jobs based on their shop's available capacity and capabilities.

Xometry was founded in 2014, and this announcement is a testament to the company's rapid growth. Xometry has quoted over 1 million custom parts and has worked with over 15,000 customers including General Electric, BMW, Dell Technologies, Bosch and NASA. Xometry offers 11 capabilities including CNC machining (https://www.xometry.com/cnc-machining-service?utm_source=...), sheet metal fabrication (https://www.xometry.com/sheet-metal-fabrication?utm_source=web&utm_medium=PressRelease&utm_content=LynchburgMachining1M), injection molding (https://www.xometry.com/injection-molding-service?utm_source=web&utm_medium=PressRelease&utm_content=LynchburgMachining1M), 3D printing (https://www.xometry.com/3d-printing-service?utm_source=web&utm_medium=PressRelease&utm_content=LynchburgMachining1M), and urethane casting (https://www.xometry.com/urethane-casting?utm_source=web&utm_medium=PressRelease&utm_content=LynchburgMachining1M) and over 100 different materials.

About Xometry

Xometry (https://www.xometry.com/?utm_source=web&utm_medium=PressRelease&utm_content=LynchburgMachining1M) is the largest marketplace for custom manufacturing, connecting customers with optimal manufacturing solutions through proprietary AI algorithms. Xometry provides on-demand manufacturing and industrial supply materials to a diverse customer base, ranging from startups to Fortune 100 companies. Our nationwide network of over 3,000 partner manufacturing facilities enables us to maintain consistently fast lead times while offering a broad array of capabilities, including CNC Machining, 3D Printing, Sheet Metal Fabrication, Injection Molding, and Urethane Casting. Xometry's customers include BMW, Dell Technologies, General Electric, Bosch and NASA.

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Tags:Manufacturing Growth
Industry:Manufacturing
Location:Gaithersburg - Maryland - United States
Subject:Earnings
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