TO THE TUNE OF €100 MILLION
GE and Concept Laser are pouring around €100 million into the growth of industrial 3D metal printing. By early 2019, this is to result in the establishment of a new 3D campus and 700 jobs in Lichtenfels, Germany. GE is hoping the commitment will solidify its position as the global market leader in this new field of industrial production.
Concept Laser has announced that ground will be broken on the future site of the 3D campus at a new location in Lichtenfels in the fall of 2017. Spanning some 35,000 square meters, these facilities will combine R&D activities with production, service, and logistics under a single roof. When they open their doors in early 2019, Concept Laser’s headquarters in Lichtenfels will have evolved into GE’s global center for the development of 3D metal printing technology.
»Our investment in an additional location for Concept Laser is part of our long-term strategy for future production methods.«
»At the same time, the 3D campus will not only preserve, but strengthen our company’s entrepreneurial spirit and start-up culture,« states Frank Herzog, founder and CEO of Concept Laser. »I’m very excited that GE is taking real action to back up its commitment to helping our Lichtenfels location grow.«
Right now, GE is already using 3D metal printing technology to produce series of various aviation components. Counting its acquisition of majority stakes in Concept Laser and Arcam, the company has invested more than U.S.$1.5 billion in additive manufacturing.»Our investment in an additional location for Concept Laser is part of our long-term strategy for future production methods, « says Mohammad Ehteshami, vice president of GE Additive.