GE AM - the future of industrial manufacturing and more profitable than conventional manufacturing.
GE also extensively discussed its plans to grow its additive manufacturing business, which the company believes is the future of industrial manufacturing and more profitable than conventional manufacturing.
GE's additive manufacturing segment launched in 2016 and, according to this investor update, it's doing so well that it's a main focus for company growth. GE believes additive manufacturing cuts costs and allows for a more agile supply chain, greater productivity and more creative solutions. GE is so confident in additive manufacturing that it's targeting $1 billion in revenue by 2020.
That's a statement on the state of manufacturing: it suggests a shift from conventional to additive, and it gives more credence to small-parts manufacturers and tech startups seeking to disrupt the small-part manufacturing space.
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