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Concept Laser, GE Break Ground on 3D Printing Campus

Concept Laser and GE Additive have broken ground on a new 3D printing campus in Lichtenfels, Germany. The 130,000-square-foot, €105MM (~US $125MM) facility will house about 500 employees and will open in early 2019.

ConceptLaserIn October 2016, GE reached an agreement to acquire a 75% stake in Concept Laser for €549MM (~US $599MM). The agreement allowed for GE to take full ownership in the future.

Concept Laser manufactures powder bed-based laser additive manufacturing machines serving aerospace, medical and dental customers. The company is headquartered in Lichtenfels, with >200 employees throughout operations including Texas and China and a global network of >35 distributors and agents.

GE has invested U.S. $1.5BB in advanced manufacturing and additive technology over the past ten years. In 2016, GE established GE Additive and has since invested U.S. $1.4BB in Concept Laser and Arcam to become a leading supplier of additive technology, materials and services worldwide.

GE Additive is the OMTEC 2018 Tech Center sponsor.

Source: Concept Laser

Image courtesy of Concept Laser