New Joint Venture - LTHD/Symme3D - February 2017
LTHD Corporation Timisoara - Romania and Symme3D Manufacturing Timisoara – Romania are proudly announcing a joint venture to provide completely integrated 2D and 3D printing solutions and equipment for medical, aerospace industries, automotive and electronic industries.
The joint venture combines the global resources and expertise of LTHD certified manufacturing abilities and Symme3D’s R&D for cutting edge 3D printing technologies. LTHD owns 50% of the joint venture, with Symme3D owning the remaining 50%. The new joint venture will take over all Operational Expenses for R&D, manufacturing, marketing, sales and distribution of LTHD/Symme3D products.
The joint venture operates under the name LTHD/Symme3D, without a separate juridical entity (in conformity with Romanian Laws) and is based in Timisoara, Romania. The joint venture will capitalize on the strong reputation that LTHD has developed as a certified and specialized leading provider, as a manufacturer and distributor, of 2D printing and engraving solutions and on Symme3D’s strength in 3D printing equipment and solutions design.
About Symme3D Manufacturing SRL
Symme3D is a Timisoara, Romania based company, with 100% Romanian capital founded in 2015 and specializes in designing and manufacturing of original equipment for 3D printing, 3D bio printing and special purpose 3D printing. Symme3D received numerous national and international awards with its first product Symme3D Multifunctional Delta Platform.
About LTHD Corporation SRL
LTHD is a Timisoara, Romania based company, with 100% Romanian capital company, founded in 1994, LTHD Corporation has become a well-known worldwide supplier for the EMS, Medical, Aerospace & Defense, Automotive and other industrial sectors, providing a wide range of manufactured Labels and Die-Cuts, ID Solutions, ESD Products.
LTHD management systems are certified Lloyd's Register Quality Assurance Romania according to ISO 9001:2008, ISO TS 16949:2009, ISO 13485:2013, ISO 14001:2005, OHSAS 18001:2007 and has recently passed the certification audit for AS9100C/EN 9100:2009 and AS9120A/EN 9120:2010. The manufacturing of 3D printers will be also included in the above mentioned certifications.
“This agreement represents each organization’s strong commitment to provide customers with a single source for the best in 2D and 3D printing machinery and services” commented Calin Brandabur, Symme3D founder and Chief Technical Officer.
“This joint venture expands the LTHD branded printing devices, offering a wider range of ID Solutions” commented Theodor Lazarescu, CEO LTHD Corporation.