After pricing higher than expected at $16 per share, Proto Labs Inc. raised $69 million in its initial public offering and began trading on the New York Stock Exchange Friday, Feb. 24, under the ticker PRLB. The CEO of the plastics manufacturing company, Brad Cleveland says of the company's strategy that although they have no acquisition plans as yet, with the money raised from the offering Proto Labs will be in a "great position" to make a technology or "incremental capacity" acquisition. Cleveland discusses the company's "tremendous progress" and says that Proto makes "standard parts and standard materials for product developers faster than anyone else in the world." - Katie Roof