10/15/2020
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`Print - DynaEnergetics Celebrates Grand Opening of DynaStage™ Manufacturing and Assembly Facilities in Blum, Texas
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`Source: DynaEnergetics
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`November 16, 2018 07:00 ET
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`DynaEnergetics Celebrates Grand
`Opening of DynaStage™ Manufacturing
`and Assembly Facilities in Blum, Texas
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`BLUM, Texas, Nov. 16, 2018 (GLOBE NEWSWIRE) -- DynaEnergetics, a business of DMC Global
`Inc. (Nasdaq: BOOM), today celebrates the grand opening of its technologically advanced
`manufacturing, assembly and administrative facilities on its industrial campus in Blum, Texas. The
`facilities span 74,000-square-feet and significantly expand the production capacity of
`DynaStage™, the oil and gas industry’s only Factory-Assembled, Performance-Assured™ well
`perforating system.
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`New production resources include six DynaStage assembly lines and multiple CNC turning centers
`for in-house manufacturing of tandem sub adaptors (TSAs), a key component in the DynaStage
`system. In addition, DynaEnergetics is installing two new automated shaped-charge production
`lines that will more than triple the U.S. production capacity of the business’ advanced perforating
`charges. DynaEnergetics also has added administrative and sales offices, employee and
`customer training facilities, an oversized gathering and dining space, commercial kitchen,
`employee locker rooms and a tornado shelter.
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`“Completion of these vertically integrated manufacturing facilities will enable DynaEnergetics to
`more efficiently address growing customer demand for our factory-assembled perforating
`systems,” said Ian Grieves, president of DynaEnergetics. “We have sold more than 500,000
`DynaStage units since the system was introduced approximately two years ago to North America’s
`onshore unconventional oil and gas industry. The systems have led to a step-change
`improvement in the efficiency, reliability and safety of our customers’ well completion programs.”
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`Grieves said the new facilities were designed to create a modern, inviting and highly efficient work
`environment for DynaEnergetics’ growing workforce. “We have taken an important step toward our
`objective of becoming the employer of choice for this region,” Grieves said. “In addition to a world-
`class advanced manufacturing environment, we offer competitive pay and excellent benefits, and
`have incorporated a number of amenities designed to strengthen the employee experience.”
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`During 2018, DynaEnergetics has added more than 80 salaried and hourly employees at its
`facilities in Blum and nearby Whitney, Texas, an increase of approximately 70%. Grieves said that
`DynaEnergetics will continue to invest in the expansion of its regional workforce into 2019.
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`The primary building was designed by Arch11, Inc, an architectural firm based in Boulder,
`Colorado. “The thoughtful sustainable features visible throughout the facility provide a modern
`twist to the traditional manufacturing setting,” said E.J. Meade, principal in charge for Arch11. “The
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`DynaEnergetics Europe GmbH
`Ex. 2011
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`Print - DynaEnergetics Celebrates Grand Opening of DynaStage™ Manufacturing and Assembly Facilities in Blum, Texas
`10/15/2020
`design was carefully constructed to blend the rural plains of Texas with the contemporary exterior
`steel metal panels, interior polished concrete floors and acoustic cloud ceiling.”
`About DynaEnergetics
`DynaEnergetics’ innovative perforating systems make a measurable impact on well productivity,
`completion cost and safety. As the only global perforating manufacturer that designs, manufactures
`and qualifies all of its equipment and accessories in-house, DynaEnergetics ensures unmatched
`performance and the lowest total cost of operations. For more information, visit
`www.dynaenergetics.com.
`Contact:
`Marcel Buerkler
`Senior Director of Operations, AME
`DynaEnergetics
`T 254.874.4546
`Marcel.Buerkler@dynaenergetics.com
`Investor Contact:
`Geoff High
`Vice President of Investor Relations
`DMC Global Inc.
`303.514.0656
`ghigh@dmcglobal.com
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`Photos by Thisbe Grace Photography
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`Photos accompanying this announcement are available at
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`http://www.globenewswire.com/NewsRoom/AttachmentNg/c931222c-c194-4cc5-9ff0-
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`http://www.globenewswire.com/NewsRoom/AttachmentNg/25634812-8ef3-43a9-ad9f-
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`http://www.globenewswire.com/NewsRoom/AttachmentNg/ed6d0bc6-fffd-4c62-969f-
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`Attachments:
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`Aerial view of DynaEnergetics’ newly constructed manufacturing, assembly and
`administrative facility in Blum, Texas.
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`DynaEnergetics Europe GmbH
`Ex. 2011
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`10/15/2020
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`Print - DynaEnergetics Celebrates Grand Opening of DynaStage™ Manufacturing and Assembly Facilities in Blum, Texas
`
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`Employee gathering space at DynaEnergetics’ newly constructed manufacturing, assembly
`and administrative facility in Blum, Texas.
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`Component manufacturing machines at DynaEnergetics’ newly constructed manufacturing,
`assembly and administrative facility in Blum, Texas.
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`A DynaEnergetics employee assembles a DynaStage gun at the business’ newly constructed
`manufacturing, assembly and administrative facility in Blum, Texas.
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`DynaEnergetics Europe GmbH
`Ex. 2011
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