Protolabs Rebrands Its Manufacturing Partner Network from Hubs to Protolabs Network
08 Gennaio 2024 - 3:00PM
Business Wire
Transition from Hubs to Protolabs Network
brings expanded capabilities and establishes a unified customer
experience under one brand
Digital manufacturing leader Protolabs (NYSE: PRLB) launched
today its rebranded Protolabs Network service that leverages global
manufacturing partners for expanded capabilities and pricing
options. Formerly known as Hubs, the move signals Protolabs’
commitment to a singular global brand and unified customer
experience. The transition comes almost three years after acquiring
the Amsterdam-based manufacturing network, which has seen
significant annual growth since the 2021 acquisition.
“We’re building a business model that the manufacturing industry
has never seen before, and customers are beginning to harness the
full potential it offers,” explained Rob Bodor, Protolabs’
President and CEO. “In the third quarter of 2023 alone, revenue
fulfilled through Protolabs Network increased over 80 percent
year-over-year! It is a true testament not only to our savvy
customer base who is extracting that manufacturing value, but our
entire Protolabs team of employees who have brought this model to
life.”
The business model Bodor is referring to is a hybrid digital
manufacturing model combining Protolabs’ internal digital factories
with a global network of suppliers—Protolabs Network—to provide
customers a manufacturing resource throughout a product’s entire
life cycle.
Protolabs Network includes more than 250 highly vetted supply
partners, to serve customers’ broad needs across the life cycle of
their products—from innovation and prototyping to production and
end-of-life product support. Customers can access tighter
tolerances, enhanced finishing options, and higher volumes at lower
cost, among other benefits. The manufacturing partner network
complements the low-volume, on-demand manufacturing services also
available from Protolabs.
“This is the future of the industry—manufacturing that is
completely tailored to what customers need, when they need it, and
at the price point they want,” said Pjotr Horowitz, managing
director for Protolabs Network. “It’s exciting to be on the
frontlines driving that evolution.”
The newly rebranded Protolabs Network is now live. To learn more
about Protolabs’ hybrid manufacturing model that combines factory
and network capabilities, check out its breakdown of the framework
for the future.
About Us
Protolabs is the fastest and most comprehensive digital
manufacturing service in the world. Our digital factories produce
low-volume parts in days while Protolabs Network unlocks advanced
capabilities and volume pricing through its highly vetted
manufacturing partners. The result? One manufacturing source—from
prototyping to production—for product developers, engineers, and
supply chain teams across the globe. See what's next at
protolabs.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240108659605/en/
Media Contact Protolabs Brent Renneke, 763-479-7704 PR
& Media Strategist brent.renneke@protolabs.com
Investor Relations Contact Protolabs Ryan Johnsrud,
612-225-4873 Manager, Investor Relations and FP&A
ryan.johnsrud@protolabs.com
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