Arcam AB fka AMAVF

[charlie T colton]

Re:kanya Post and News of concept laser expanding

According to Reuters, Mohammad Ehteshami said that GE plans to invest in more additive technologies. Comparing the companies, investments, and technologies is very much like comparing apples to oranges to grapes. GE will do what is best for GE in their time-frame.

According to Reuters, "GE announced an investment of 100 million euros into the newly acquired Concept Laser site in Lichtenfels, Bavaria, where the number of employees should rise to 300 by the end of this year from 200."

Page 26 of the ARCAM ANNUAL REPORT 2016 says "Today the Group has almost 400 employees in Sweden, the UK, Italy, Germany, France, USA, Canada and China." That would coincide with the report's release date of February 7, 2017. Under the heading Organization and personnel on page 35 - "The number of employees in the Group at the end of the period was 348 (285)." The end of the period meaning 2016. Today there are 13 positions listed on the Arcam Career Opportunities page. DiSanto and AP&C don't regular post open positions on their respective Careers pages. I look semi-regularly and I've never seen one. I'd be very surprised if AP&C weren't doing some hiring now and in the near future.

No translation needed at Reuters - GE beefs up additive manufacturing, scouts for acquisitions - Apr 24, 2017

With last year's acquisitions, GE owns two of the five principal 3D printing technologies - powder and electron-beam. "Our goal is to get into all of the these," GE Additive chief Mohammad Ehteshami told reporters on Monday.

Asked whether this could be achieved through organic growth alone, he said: "We are always studying organic and inorganic possibilities... Strategically, there are inorganic plays we would not be smart not to do."

GE already 3D prints several aircraft parts and aims to turn the additive manufacturing business, currently still a part of GE aviation, into a $1 billion external sales business by 2020.

"I have a belief that you'll be able to print the whole jet engine," Ehteshami told reporters at the Hannover Messe industrial trade fair.

He said the group had invested around $1.5 billion in 3D printing technology over the past decade, not including last year's acquisitions.

The new premises of the 3D campus in the Bavarian Lichtenfels are to be ready for occupancy by the beginning of 2019 and offer room for nearly 700 highly qualified jobs on an area of ??around 25,000 square meters.




Here's the word from GE Additive - GE Additive aggressively transforming Concept Laser - March 08, 2017

When GE acquired a 75% stake of Concept Laser in mid-December, the company had about 200 employees. Today, employment has grown to 244 and is expected to reach between 350 to 400 people (mostly engineers and technicians) by early 2018.





GE Germany has a post on April 24th - GE expandiert in Deutschland im Bereich der Additiven Fertigung

I don't pretend to speak or be able to translate German. Google translate give the following.

The new premises of the 3D campus in the Bavarian Lichtenfels are to be ready for occupancy by the beginning of 2019 and offer room for nearly 700 highly qualified jobs on an area of around 25,000 square meters.

The original German - "Die neuen Räumlichkeiten des 3D-Campus im bayrischen Lichtenfels sollen Anfang 2019 bezugsbereit sein und auf einer Fläche von rund 25.000 Quadratmetern Raum für knapp 700 hochqualifizierte Arbeitsplätze bieten."


If anyone fluent in German would like to offer a human translation, I'd appreciate it.