Dear Customer:

We are pleased to inform you that Phoenix Proto Technologies recently partnered with RE3DTECH, a portfolio company of CORE Industrial Partners, an industrial-focused investment firm, that supports the growth of manufacturing and industrial technology companies. As part of the transaction, we will retain our leadership roles in the company.

CORE is highly committed to our current growth strategy and it will be “business as usual”. All your current contacts and touch points will remain the same.

We are focused on continuing to provide the highest quality products and outstanding customer service. That said, this partnership is intended to provide Phoenix Proto Technologies with additional financial, strategic, and operational resources to drive very exciting initiatives that will help enhance our customer value proposition.

We appreciate the opportunity to serve you and look forward to expanding our relationship. Please feel free to contact us directly should you have any questions or concerns.

Sincerely,
Scott Lammon 
Phoenix Proto Technologies


Customer Q&A:
The company has undergone a successful partnership with RE3DTECH, a portfolio company of CORE Industrial Partners. As part of the transaction, Bob, Scott, and Lori Lammon will retain their leadership roles in the company. Importantly, operations, staff, and the company's focus on providing best-in-class manufacturing services to our valued customers all remain the same.

2. How will this impact our relationship?
We greatly value and look forward to expanding our relationship. Your company contact remains the same and operations are "business as usual".

3. What about outstanding purchase orders and invoices?
Any outstanding invoices should be paid in normal course under existing terms using the same bank account. All existing orders will be fulfilled in normal course.

4. Who is RE3DTECH?
Headquartered outside of Chicago, RE3DTECH is a leading provider of both additive and traditional manufacturing technologies for a variety of end markets, including medical, electronics, consumer, automotive, aerospace and defense, automation and industrial. Through the RE3DTECH partnership with Phoenix Proto Technologies, we are now able to offer complementary manufacturing capabilities, including sheet metal fabrication and additive manufacturing, as well as additional capacity to augment our existing service offering.

5. Who is CORE Industrial Partners?
CORE Industrial Partners is an industrials-focused private investment firm investing in North American middle-market manufacturing businesses. CORE's team is comprised of highly experienced former CEOs and investment professionals with shared beliefs, deep experience and a demonstrated track record of building market leaders. Through capital, insight and operational expertise, CORE partners with management teams and strives to create unique value, grow revenues and consistently deliver lasting results.

6. How will this impact the position of the company?
CORE has extensive experience operating and investing in businesses like Phoenix Proto Technologies, and they plan to provide our company with additional financial, strategic, and operational resources to drive exciting growth initiatives and improve the already strong position of our business.

7. Is the process for ordering products still the same?
Yes, the ordering process remains the same.

8. Is my company contact still the same?
Yes, your company contact remains the same.
Please reach out to if you have any additional questions? Please reach out to: 

VP of Operations - Scott Lammon