InvestorsHub Logo
Followers 9
Posts 1597
Boards Moderated 1
Alias Born 01/27/2014

Re: None

Monday, 04/24/2017 9:22:46 AM

Monday, April 24, 2017 9:22:46 AM

Post# of 6624
The Heirs Of Gutenberg: GE Is Adding The Next Chapter Of Its 3D-Printing Push In Germany

The article starts with press about Concept Laser by mentioning the company's founder by name but soon turns to Arcam and GE additive as well.

GE Chairman and CEO Jeff Immelt wrote in his annual letter to shareowners: “The long-term market potential for additive manufacturing is huge at about $75 billion. We plan to build a business with $1 billion of revenue in additive equipment and service by 2020, from $300 million today.”

At gereports.com - The Heirs Of Gutenberg: GE Is Adding The Next Chapter Of Its 3D-Printing Push In Germany - Apr 24, 2017

With few limits on the final shape, the method gives engineers new freedoms and eliminates the need for factories filled with specialized machines or expensive tooling. “This is an engineer’s dream,” says Mohammad Ehteshami, who runs GE Additive, a new GE business unit focusing on additive manufacturing methods like 3D printing. “I never imagined that this would be possible.”

Last year, Ehteshami’s business spent more than $1 billion to buy controlling stakes in Herzog’s company and in Arcam AB, a Swedish maker of 3D printers. On Monday, Ehteshami opened a new additive Customer Experience Center at GE’s European research headquarters in Munich to further develop the technology.

The center, which resides inside a new building adjacent to GE’s European research campus located the Bavarian capital, will employ 50 engineers and technicians. It will help customers learn about additive design and production, and the different machines and the materials available. The new facility will also provide regional field support and spare parts. “This center and others like it will help customers understand the whole process, from design to prototyping, and demonstrate that additive is truly ready to be part of the manufacturing mainstream,” says Robert Griggs, the GE Additive executive who is leading the initiative. “In other words, the whole intent is finding customers who are today conventionally manufacturing their products and saying to them: ‘Hey, let us walk you through this and show you how you can change your supply chain; you can change the way you make things.’ ”

The center will supplement Concept Laser’s and Arcam AB’s existing customer training and support centers, and support the surging demand for the new technology. “They’ve been growing about 50 percent year over year,” Griggs says.

________________________________________________________________

GE Chairman and CEO Jeff Immelt wrote in his annual letter to shareowners: “The long-term market potential for additive manufacturing is huge at about $75 billion. We plan to build a business with $1 billion of revenue in additive equipment and service by 2020, from $300 million today.”

Arcam AB and Concept Laser are helping GE Additive grow outside the parent company and across varied industries. “Additive at its core is about freedom,” Griggs says. “It’s about telling people that they have a choice. You can choose to do it yourself, develop your own supply chain, and whole host of things that you would be held captive to in conventional manufacturing.”

________________________________________________________________

“This is the platform to do it in because the infrastructure is completely different. You don’t need a casting house or a forging house anymore, both very dirty, non-environmentally friendly spaces,” Griggs says. “Now you can put in these quiet machines. Your workforce is much different and focused on design engineering, complex solutions.”

Says Griggs: “Additive is neat technology that really drives a host of outcomes that are really important.” Gutenberg would be proud.




An Arcam machine printed this artificial joint. Image credit: GE Additive/GE Reports.



GE Aviation’s Avio Aero business is using Arcam 3D printers to make compressor blades for the GE9X, the world’s largest jet engine, from TiAl, a material that’s light and tough but also fiendishly onerous to work with.











For what it's worth - Google Maps showing Arcam Germany to Concept Laser to GE Global Research in Munich






Arcam global offices

GE Global Research - Munich





Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.