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

Re: None

Thursday, 11/16/2017 4:57:14 AM

Thursday, November 16, 2017 4:57:14 AM

Post# of 6624
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 aims to reduce inventory, manage supply chain 'rigorously' - N0v 15, 2017

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.







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.