Fathom Manufacturing Buys Summit Tooling and Summit Plastics

This acquisition will expand Fathom's domestic injection molding capabilities, companies report.

This acquisition will expand Fathom's domestic injection molding capabilities, companies report.

Fathom Manufacturing announces the acquisition of Summit Tooling and Summit Plastics, a precision tooling and injection molding services provider specializing in small-to-medium prototype injection molds for the domestic market. This acquisition will expand Fathom's domestic injection molding capabilities, companies report.

“Summit's focus on customers during the design, prototyping and low-volume production stages of a product's life cycle perfectly aligns with Fathom's unique customer value proposition. We're excited to work with the Summit team to explore opportunities to even better serve its customers through Fathom's comprehensive digital manufacturing platform while also providing Fathom's existing customer base with expanded domestic quick-turn precision tooling and molding capabilities,” says Ryan Martin, chief executive officer, Fathom.

“The recent 'Made in America' executive order will continue to drive demand for domestic manufacturing. Since the pandemic began, reliance on offshore suppliers and manufacturers has led to significant supply chain disruptions. Domestic manufacturing decreases transportation costs and time, and with improvements in technology and automation, quick-turn domestic manufacturing will allow our customers to bring competitively priced products onto the market faster,” says Rich Stump, chief commercial officer, Fathom. 

“Since my wife, Michelle, and I founded Summit 25 years ago, we have been committed to providing outstanding quality and customer service to build the business into a leader in the design, engineering and construction of molds and precision components. We've now reached an inflection point in our growth trajectory, and we believe Fathom is the perfect fit in terms of both culture and customer value proposition to help take Summit to the next level,” says Dan Martin, president, Summit.

Fathom's in-depth expertise begins with a technology agnostic approach backed by a national footprint where we use:  

  • 14 manufacturing processes 
  • 6 additive technologies 
  • 90+ industrial grade additive systems 
  • 155+ mills, lathes, presses & 3D printers 
  • CNC machining 
  • Urethane casting 
  • Injection molding 
  • Finishing & assembly 

Working with Fathom provides comprehensive access to the most relevant equipment and expertise in digital manufacturing, engineering and prototyping.  

Sources: Press materials received from the company and additional information gleaned from the company’s website.

More FATHOM Coverage

Sponsored Content
STL Guidelines To Get The Best 3D Printed Parts
Created by FATHOM's Application Engineering Team, this 4-page STL guideline for 3D printing and additive manufacturing will help you get the best quality parts for your project. The easy-to-read PDF includes sections on why STL files are used, export best...
Fathom Digital Manufacturing Goes Public
The transaction is expected to enhance Fathom’s position in additive and traditional advanced manufacturing capabilities and accelerate Fathom’s investments in organic and inorganic growth opportunities.
FATHOM Acquires GPI Prototype & Manufacturing Services
GPI offers Direct Metal Laser Sintering (DMLS) additive manufacturing and CNC machining services, producing metal parts with complex geometries for on-demand manufacturing applications.
FATHOM & Abiogenix Supply 3D Printed NP Swabs to Address Shortage
The Abiogenix spiral design, made by FATHOM, was selected as the preferred 3D printed swab by clinicians and patients alike. 
FATHOM’s SLS Production Increases 650% in Capacity
With FATHOM's recent announcement of its acquisition by CORE Industrial Partners, FATHOM will continue to expand its capabilities and provide industry-leading solutions for additive manufacturing.
FATHOM Acquired by CORE Industrial Partners, a Private Equity Firm
The acquisition will bring together FATHOM and Midwest Composite Technologies, acquired by CORE in 2018, to form a large privately held digital manufacturing service provider. 
FATHOM Company Profile

Share This Article

Subscribe to our FREE magazine, FREE email newsletters or both!

Join over 90,000 engineering professionals who get fresh engineering news as soon as it is published.




About the Author

DE Editors's avatar
DE Editors

DE’s editors contribute news and new product announcements to Digital Engineering.
Press releases may be sent to them via [email protected].

Follow DE
#24853