Maker of 3D printers MakerGear is in dire straits due to delivery problems
MakerGear, an American manufacturer of 3D printers, has stopped production and hopes for a takeover in order to survive. The company reports that delivery problems are the cause of the difficulties.
MakerGear no longer makes 3d printers, but supplies only from existing stock. The company also tries to maintain a stock of spare parts in order to continue to provide support to existing customers. “We are selling our last stocks of printers, but do not know if and when we will be able to build new stocks,” the message reads.
MakerGear reported back in May that it was in trouble due to supply issues. The company is unable to get new parts or they are too expensive to make new printers profitably. The company refers to the higher import tariffs that the US imposed against China in 2018 and to the corona crisis. “MakerGear is a small company and the impact of major disruption after major disruption is more than we can absorb.”
The company is looking for a buyer and individuals with experience to draw up a transition plan. MakerGear was founded in 2009 by Rick Pollack. The MakerGear M2 printer was ranked #1 in 3D Hubs’ 3D Printer Index of best 3D printers in 2017.