Caracol officially launches US operations with the opening of its North American Headquarter in Austin (TX).
After years of developing the market and working with local clients and partners, Caracol has officially kicked off its operations in the region with the opening of its local headquarter in Austin, Texas.
With this strategic investment, the company will be able to produce and assemble its integrated hardware and software Large Format Additive Manufacturing platforms, Heron AM, directly in the USA. This will allow to better guarantee local quality and certification standards, faster delivery times, dedicated and timely service, and application development support to all North American customers and partners.
This is just the latest of Caracol’s investments in North America, where the company has already brought together a dedicated local team, has joined forces with top-tier partners for distribution and parts manufacturing, and plans to triple its operations in the region over the next two years.
“Today marks an important milestone for our company’s journey and international expansion. The North American market is quickly growing in the adoption of Large Format Additive Manufacturing, and Caracol is proud to play a key role here,” says Francesco De Stefano, Co-founder and CEO of Caracol. “Thanks to our new US headquarters and local operations, we’ll be able to push further the limits of this industry by delivering to our North American customers a top quality and locally manufactured technology”.
Caracol has partnered with TyRex Group - leading manufacturing and innovative group of companies in Austin (TX) - to open its facility in the region. Austin and Texas were chosen, as the city and the state have been attracting many leading additive manufacturing companies, being the perfect place at the intersection between technological development and the strong presence of advanced manufacturing capabilities.
This new facility is the tangible result of the internationalization project that is being carried out by the company with the support of its strategic, legal, and financial advisors Growth Capital, FieldFisher, and ICP Americas that coordinated the development of the new governance structure.
The opening ceremony of the new headquarters was held during Formnext Forum show taking place in Austin with an exclusive event on August 28th. Here the company opened the doors of the new facility to its partners and customers, organized showcasing live its technology, and a panel of experts to debate the future of Large Format Additive Manufacturing.