Xometry, a U.S. marketplace for custom manufacturing, unveiled its 2D Technical Drawing Marketplace, a platform to expand access to prospective job orders for 3,000+ American machine shops.
The 2D Technical Drawing Marketplace lets engineers and designers get quotes from Xometry’s network of highly-qualified U.S. shops — including ISO9001:2015 and AS9100-certified and ITAR registered facilities — for projects which lack 3D files. Xometry will guarantee the quality of the work.
“COVID-19 has disrupted international supply chains, and our domestic machine shops are feeling pressure as well,” said Randy Altschuler, CEO and Co-founder of Xometry. “Giving our Partner Network — top-rate American shops who are largely working in 2D already — access to 2D quotes from our strong customer base was a win-win. Manufacturers get access to new project opportunities, and US-based customers have an easy path to reshore work and restore their supply chain.”
A Xometry survey found 53% of mechanical engineers worked with parts that lacked 3D CAD files, representing a potential $37 million market. Specifically these files are often used for legacy parts and in sectors where Diminishing Manufacturing Sources and Material Shortages (DMSMS) issues are common, such as aerospace and defense.
“Xometry is driven by the success of its Partner Network,” said Jenn Ryan, Senior Vice President, Xometry Partner Network. “We recognize this is an uncertain time for American small businesses and we want our Partners to know we are working hard to bring them new customers and new jobs. We’re expecting a heavy volume of new RFQs to come now that we service 2D.”
Xometry’s fast-growing digital marketplace has increased revenue more than 100% per year for five consecutive years.
Filed Under: Make Parts Fast