A former US Army officer is bringing 3D printing to Williamson County as a startup operating in the on-demand manufacturing space.
Matthew J. Purdy is a part-time emergency management logistics coordinator for the Tennessee National Guard, a position he moved to in 2019 after a decade in the military from which he retired as an operations officer. of garrison.
Along with the rest of his time, he previously worked as a logistics specialist for AZOVA, a Utah-based digital health technology company until earlier this year when he left that position and co-founded a new company: M&P 3D Printing.
M&P 3D Printing offers manufacturing options for individuals and small businesses that need parts or are experiencing supply chain disruptions. This is especially valuable for those who cannot afford conventional manufacturing such as injection molding or CNC machining.
“For example,” Purdy told Home Page, “a friend of ours had a broken piece of a kitchen appliance. He was unable to purchase the item from the manufacturer. I modeled the broken part, printed it in about an hour, and returned it to him the next day.
The friend saved about $200 by taking advantage of this option instead of buying a new appliance. Small and sole proprietorships are most in need of low-cost manufacturing options amid supply chain disruptions, which Forbes forecasts are here to stay for manufacturers of all kinds during what specialized journals in various sectors agree is a global supply chain shortage started before but accelerated by the pandemic.
A supply chain crisis and the flowering of Greater Nashville’s fledgling tech industry – with the advent of Amazon, AllianceBernstein, NTT Data, Oracle – is an ideal market for a 3D printing startup. Less than two years before the quarantine began in Williamson County, more than 8,000 people worked for 185 manufacturing companies, including APCOM, Lasso Products and HORN USA. The automotive industry has its own manufacturing presence with Magna Seating and Nissan.
Purdy said “the sky is the limit” on which M&P supply chains can service. “We made spare parts for appliances, toys, cars and tools. I am currently designing a tool for use in my wife’s medical aesthetic clinic. We have goals and aspirations to be a leader in 3D printing in our region.
Although Purdy chose to serve his country as a logistics professional, he said it didn’t directly influence his foray into 3D printing since he wasn’t particularly passionate about logistics per se. However, it deals with supply chain management. This informed what he learned about 3D modeling and industrial-grade 3D printing while earning his bachelor’s degree in electrical engineering technology at Austin Peay.
“The idea that I could 3D print custom parts and enclosures for electrical components and robotics was exciting and helped me get into our business,” Purdy said.
M&P is also finalizing its application and onboarding as a Xometry provider. Founded in 2013, Maryland-based Xometry has become a leading AI-assisted marketplace for on-demand manufacturing services such as 3D printing, CNC machining, injection modeling, cutting laser, urethane casting and countless other such services. Last summer, Xometry (XMTR) officially began trading on NASDAQ and raised over $300 million for its initial public offering.
As of 12:00 p.m. on March 9, Xometry stock was valued at $44.18 per share, up almost 8% from yesterday and slightly ahead of the price originally set at $44 even on June 30, 2021 .