Stories
Slash Boxes
Comments

SoylentNews is people

Submission Preview

Link to Story

General Electric Attempts to Purchase Two Metal 3d-Printing Firms for $1.4 Billion

Accepted submission by takyon at 2016-09-06 18:23:49
Techonomics

General Electric [theregister.co.uk] is thirsty for "complementary additive technology modalities":

GE, the US industrial jack-of-all-trades, has pledged to invest a whopping $1.4bn in two 3D printing suppliers to boost materials science and improve manufacturing capabilities. Arcam AB and SLM Solutions Group both specialise in metal-based 3D printing with applications ranging from aerospace to the healthcare industry. Both companies are part of GE's wider efforts to expand production and improve existing work on powder metals through the use of 3D printing.

Since 2010, GE has invested $1.5bn in 3D printing, leading to better manufacturing processes and 346 patents in the powdered metals field. [...] 3D printed components are reportedly lighter and more durable than traditionally manufactured parts as because they need less welding and produce less waste material.

Also at Reuters [reuters.com] and Bloomberg [bloomberg.com].


Original Submission