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Based in Michigan, DM3D is a newly formed company which will specialize in providing hard facing and other additive metal processing services to new components and wear parts using DMD technology. “DM3D is commercializing specific applications and will be utilizing the DMD technology to further grow and expand our company’s offerings,” said DM3D’s interim CEO Roger Parsons. “Utilizing this proprietary technology we see significant growth opportunities in the additive metal manufacturing market.”
About POM Group
The POM Group Inc. is a 12 year old company which was an early originator of the full service provider of technologies and services for rapid product development. POM is the inventor of state of the art laser based technology for metal synthesis and component fabrication called Direct Metal Deposition (DMD). DMD is an enabling technology which fabricates fully dense functional metal products directly from CAD data using powdered metal and a focused laser beam. Additionally, POM’s patented Closed Loop Optical Feedback System continuously monitors the DMD process in real time and adjusts process variables such as powder flow rate, CNC velocity and laser power. This patented and proprietary Closed Loop Feedback system ensures the product quality and dimensional stability during fabrication.
About CITG Capital
CITG Capital invests in growth oriented, entrepreneurial companies in a wide variety of industries. CITG takes a hands-on approach to private equity investing by working closely with outstanding executives and management teams to generate significant equity value in its investments. The members of CITG have proven capabilities when required to take a role in operations and strategic development to support a business. CITG has over 15 years of experience in investment banking and private equity, providing expertise in evaluating investment opportunities, transaction execution and proactive portfolio management. The professionals within CITG are committed to working closely with the executive management teams within the portfolio to deliver outstanding returns to its investors.
