{"id":838645,"date":"2025-04-17T09:09:58","date_gmt":"2025-04-17T13:09:58","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/xometrys-marketplace-has-generated-nearly-1-billion-in-revenue-for-americas-small-and-medium-manufacturers\/"},"modified":"2025-04-17T09:09:58","modified_gmt":"2025-04-17T13:09:58","slug":"xometrys-marketplace-has-generated-nearly-1-billion-in-revenue-for-americas-small-and-medium-manufacturers","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/xometrys-marketplace-has-generated-nearly-1-billion-in-revenue-for-americas-small-and-medium-manufacturers\/","title":{"rendered":"Xometry\u2019s Marketplace Has Generated Nearly $1 Billion In Revenue\u00a0For America\u2019s Small- And Medium Manufacturers"},"content":{"rendered":"<div class=\"mw_release\">\n<ul type=\"disc\">\n<li>From Local Shops to Global Reach: Xometry Helps Manufacturers Thrive And Grow, Reaching New Customers, Reinvesting In Their Business And Attracting Top Talent<\/li>\n<li>The Company\u2019s Annual \u201cExcellence In Manufacturing\u201d Awards Honors U.S. Manufacturers Who Deliver Exceptional Quality<\/li>\n<li>Wisconsin-Based JR Metal Works, A Multi-Year Winner, Describes Xometry As A \u201cHorsepower Multiplier\u201d For His Business<\/li>\n<\/ul>\n<p>NORTH BETHESDA, Md., April  17, 2025  (GLOBE NEWSWIRE) &#8212; Xometry (NASDAQ: XMTR), the global marketplace digitizing manufacturing and driving greater supply chain resiliency, today announced that its AI-powered, on-demand custom manufacturing marketplace has generated nearly $1 billion in revenue for America\u2019s small- and medium manufacturers from Jan. 1, 2020 &#8211; March 31, 2025.<\/p>\n<p>\u201cAmerica\u2019s manufacturers are deeply rooted in their local communities and play a critical role in our national and global economies,\u201d said Randy Altschuler, CEO of Xometry. \u201cThe Xometry Marketplace helps them reach new customers, re-invest in growth, and hire and train skilled talent. We see the impact every day through our partnerships across the country.\u201d<\/p>\n<p>In addition to creating nearly $1 billion in revenue for U.S. manufacturers on its platform, Xometry through its annual \u201c<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=MuSWMgUEKh-yb-ppM-hit5lzFzAeq0DUdEY80Co2iJrxlUG-3CxLi13DHosSjiIr7y73O4n2mPCJ-wx8MC2nI5TN-O0bUokCzaqdCq3gbi6HTk6BuPsj8RPQzEANO2KO_K45DminulhzWWZqYxN6_bcMfybQND5X-bR_Pd8Myx8=\" rel=\"nofollow\" target=\"_blank\"><u>Excellence in Manufacturing<\/u><\/a>\u201d awards program recognizes exceptional suppliers who deliver quality products.<\/p>\n<p>This year\u2019s honorees represent all 48 contiguous states and encompass nearly every type of manufacturing technology \u2013 from CNC machining and injection molding to sheet metal fabrication and metal- and plastic 3D printing.<\/p>\n<p>One standout honoree is <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=_j9Fu2EMj3JO203vlx-6z4Mw_xTxhPJQcb6OZMEFjc_JcpWk3uswopm8WapwIkUKCug9re2VsuloBJAZ8QOXOtS1D5KczAQfJuir5UwlImo=\" rel=\"nofollow\" target=\"_blank\"><u>JR Metal Works<\/u><\/a>, a Green Bay, Wisc.-based custom fabricator of sheet metal, pipe and plate products. A five-time award recipient, JR Metal Works continues to raise the bar for quality and service.<\/p>\n<p>\u201cSince high school, I dreamed of having my own metal fabrication shop. In 2016, I opened JR Metal Works with a mission of providing customers excellent customer service, quality and a premium experience,\u201d Jesse Kleiman, owner of JR Metal Works, said. \u201cSince we began working with Xometry in 2019, we\u2019ve been able to purchase additional equipment, grow our team and reach new customers around the world. Xometry is a horsepower multiplier for our business.\u201d<\/p>\n<p>Today, more than 4,375 global suppliers are active on the Xometry Marketplace. A significant majority of marketplace revenue flows to the company\u2019s growing U.S. supplier network.<\/p>\n<p>In a <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=DFamcmb5E6GAHnOg5RES7goT9aBN84VLfIupW1vKWeUoVCKZnGc7GO37Rkyw-DipNYc5pmABP5aJ5MQGocCObLkaUAdv3fP2ABVip5Lgdl3FNLziJKBDFM6WAO0CI5WH\" rel=\"nofollow\" target=\"_blank\"><u>rapidly changing environment<\/u><\/a>, agility is everything. As more manufacturers reshore operations and seek domestic partners, they\u2019re also turning to Xometry to digitize and future-proof their businesses. Xometry\u2019s robust suite of digital tools benefits both buyers and suppliers:<\/p>\n<ul type=\"disc\">\n<li>For <strong>buyers<\/strong>, Xometry offers <a href=\"https:\/\/www.xometry.com\/xometry-enterprise\/teamspace\/\" rel=\"nofollow\" target=\"_blank\"><u>Teamspace<\/u><\/a>, enterprise-wide collaboration software that unites engineers, managers and purchasing executives to expedite procurement of custom-manufacturing services.<\/li>\n<li>For <strong>suppliers<\/strong>, Xometry offers <a href=\"https:\/\/www.xometry.com\/workcenter\/\" rel=\"nofollow\" target=\"_blank\"><u>Workcenter<\/u><\/a>, a cloud-based \u2018manufacturing execution system\u2019 (MES) that digitizes operations and serves as a gateway to the Xometry platform. Xometry also offers <a href=\"https:\/\/www.xometry.com\/financial-solutions\/\" rel=\"nofollow\" target=\"_blank\"><u>integrated financial services<\/u><\/a> to help manufacturers maintain healthy cash flow.<\/li>\n<\/ul>\n<p>According to Xometry\u2019s recent \u201c<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=F0HphL5abEZIG7_nRckwzfUTCoLwjKE60_Gz8z3zdQcuNQeQDoUokfDljKfihmDRsum1UI6rD3sJvk4VLic7acYwhmfky_XxPZe4aKO_HWDQGmEirHo5aGjokTRAy6Pvg387cAGoybbInd-lN-LkxKPQwTg5AV_PyhOH_IMAAsE=\" rel=\"nofollow\" target=\"_blank\"><u>American Manufacturing Resurgence<\/u><\/a>\u201d poll, conducted with John Zogby Strategies, 70% of manufacturing CEOs (at companies with revenue from $5 million to $500 million) are embracing AI to boost operational efficiencies. Nearly half have reshored some or all of their operations.<\/p>\n<p>\u201cAmerica\u2019s manufacturers are resilient and can meet any moment,\u201d Altschuler said. \u201cXometry was purpose-built to help them move faster, adapt to change and drive innovation.\u201d<\/p>\n<p>About Xometry<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=2GBdLm32hDTib1wqkppkvEebR8vUjd_EH1G9XyhrVmnKo1OISowz52nwDPpdgYs6ugxQU9EAK2jt9F9SFwSx0AhPSwfseUkNknSZiAvlR_c27BcRjBVa3DAIdQtt-AqCY7ZJnKOvPO42SCOX36YBPBxLUJnhjZ8PlJBqeKN-kcdyyMVFScrGLJ3iF0Em4ZAQS2WIbxhzvSCA0J4CvlNN80xtMd2hYwmAI0a7WgcHukBMLUNvg4K9Mf9pDNk1otPY\" rel=\"nofollow\" target=\"_blank\"><u>Xometry\u2019s <\/u><\/a>(NASDAQ: XMTR) <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=xL6Bd-3LCtlaBEhMhiXqGpXXNvJ8a-dqvhHGby8fR6BR3Sg9TF9KpoQrrOnhjrF-FFWstbSkhzBf-WPvoT6CnxHHGzqSLfZpDeC5IObjgat79IRpnYpmHWqYjmNJCPOPuDOWcrTGRJqt6nlSLjJIQxpPZaQlgv5LIxQ8yqA0Zkez76S9EraynyNeZ3cKCPIh7tJlpfyaJWgkB3Nvmo0XtKQaz_f3imu-bysvTUbEz5b5KTt3sUyMuaCPAk-TSCDGr93wbmlC-lg-Jj6Mj_udrw==\" rel=\"nofollow\" target=\"_blank\"><u>AI-powered marketplace<\/u><\/a>, popular <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=PEXvN6Rcm-LxdkaIJcbTI154VXrgmqUjbLmL9niL-Vk1H1UzyCjWw-dDKmO7MxF6pGnm-xlkpgls1xC1Gx3fe__Pyb5TdRyucYZzL35SrC3HU--wDunfIsRoEEJDshnev2zwVkHSxcmLQhm_fDvDstgZDRDw2WRQ6_M0XbmzvNWGEbDZSrBA3oVwiPXTOH6mTvy4UalEPJElHKMh577f22AmcuCSx9CHnkDLwLsD3jU=\" rel=\"nofollow\" target=\"_blank\"><u>Thomasnet<\/u><\/a><sup>\u00ae<\/sup> industrial sourcing platform and suite of cloud-based services are rapidly digitizing the manufacturing industry. Xometry provides manufacturers the critical resources they need to grow their business and makes it easy for buyers to get the instant pricing and lead times to create locally resilient supply chains. The Xometry Instant Quoting Engine\u00ae leverages millions of data to analyze complex parts in real time, matches buyers with the right suppliers globally, and provides accurate pricing and lead times. Learn more at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=eiEFysCiePPINNpzesQkNpi7-5X2ekY8m86FVAQOVf2cDAuPEc6r3OXevEnF99Aj5rL7MbNERFJPtqcpWEbsbl6fphjOjo8pOE1TThD9dcGklT_XF1-K-bRTbxxezDdjUako2tit13q_8YrmX20R1zT4Ao2FTP8aVPOrPYeKNN6pJb1VV3PNL5UnHx1mdoBgC6NxUdN-3o4kQV0tac_14jBH6jITS1-CzFxXBuxEWxg=\" rel=\"nofollow\" target=\"_blank\"><u>www.xometry.com<\/u><\/a> or follow @xometry.<\/p>\n<p>Media Contacts:<br \/>Matthew Hutchison<br \/>Chief Communications Officer<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=CR53J8hJy7HJEb0GGAJPlE08VoatkmXRNZAi3s9TtiSwnm7x0oY7sY8jUZSizPU5YvmjgnIfmALU4q3g0q_q47JfOLwhNzVdja5DxxDuqqi_bOLf-iJGQh2hY03fP1FxuFPLZCLTS206NTM3y1wmAMC_tsu8CTp2ag9-xrhvSKWgaV5q3iVFL6ooDnXHJRWCm1v5SUPbFiDfVUhgI2lXq2uv5l52tfAauAQJRIpcA5-NbHlx4ObcrKLlq6-jy0Cp1eHCNSbF_YZ6v_67_GeaiZx9-6M3_CNK0_y6FVfWrzAMJJ7efZHftQM8MRt85QzYyZbwPTG9SX9_1q3G8SpuWweGEHPe8bAqWDDUV_MW16_Y4-76r7anprjqwPXDOHdW-LAkjfrG7jbNazKoylDSEtWKnyKRfesHADCD4gI1-El1L3XGLL9slF7wfTNlwYgg_CaEQbtEOsgvgW5R8pGPwm3jeFYWMqgRQgaWwXJkR2_v6msw60lrLJe9Wt7WNWgjZqRwPuHRWoe8SceKeKvz5sj1454ZdOeQwqGF908TtSkIAmqRglZvHY899Q8rcPl1\" rel=\"nofollow\" target=\"_blank\"><u>Matthew.Hutchison@xometry.com<\/u><\/a><\/p>\n<p>Investor Contact:<br \/>Shawn Milne<br \/>VP, Investor Relations<br \/>240-335-8132<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=XFAd0iZBTuOhDPC342-weGdx6mWCvZ6cL0jps20tHVUnObcYuZqy1pQsApoo5J_tj9Bh0W404KoV7EyIkBrCUintNVD0TpuF2Gs7U2xH2nx_DXx4Zijf5Ez4ZZmriWuSIfKvXVBIUeNMnCzElMDIiCgGxphqN4LUngqpnzIL14yoETScnbSBWNcQkCx1_roquwk7tzh6BIf3nAYnGJkm-d4kSFT9vVv66cTVS8E1sDjmeq8oGbrxFDnd-xpcnL6iRKmd6yN1XlYh7caeu0GvOw==\" rel=\"nofollow\" target=\"_blank\">Shawn.Milne@xometry.com<\/a><\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQyMzk3MCM2ODcxMTQyIzIyMDQyMTg=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/MzJmMjBkZjEtNzI5ZC00ODY3LWI1MjItNjcwZmEyMzk3ZjYzLTEyMTU3NzEtMjAyNS0wNC0xNy1lbg==\/tiny\/Xometry-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>From Local Shops to Global Reach: Xometry Helps Manufacturers Thrive And Grow, Reaching New Customers, Reinvesting In Their Business And Attracting Top Talent The Company\u2019s Annual \u201cExcellence In Manufacturing\u201d Awards Honors U.S. Manufacturers Who Deliver Exceptional Quality Wisconsin-Based JR Metal Works, A Multi-Year Winner, Describes Xometry As A \u201cHorsepower Multiplier\u201d For His Business NORTH BETHESDA, Md., April 17, 2025 (GLOBE NEWSWIRE) &#8212; Xometry (NASDAQ: XMTR), the global marketplace digitizing manufacturing and driving greater supply chain resiliency, today announced that its AI-powered, on-demand custom manufacturing marketplace has generated nearly $1 billion in revenue for America\u2019s small- and medium manufacturers from Jan. 1, 2020 &#8211; March 31, 2025. \u201cAmerica\u2019s manufacturers are deeply rooted in their local communities and play a critical role &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/xometrys-marketplace-has-generated-nearly-1-billion-in-revenue-for-americas-small-and-medium-manufacturers\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Xometry\u2019s Marketplace Has Generated Nearly $1 Billion In Revenue\u00a0For America\u2019s Small- And Medium Manufacturers&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-838645","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - 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