General Electric Co. (Boston) intends to sell 10,000 3D printing machines in 10 years, building upon acquisitions it announced last year.
“It’s a big number,” Tim Warden, senior sales director of GE Additive, told a tour of people attending SME’s AeroDef Manufacturing show. “That’s why they’re investing heavily,” he said, referring to GE.
GE last year announced the acquisitions of Concept Laser (Lichtenfels, Germany) and Arcam AB (Mölndal, Sweden). The tour took place at Concept’s Grapevine, TX, facility, near the AeroDef show in Fort Worth.
GE controls Concept after agreeing in October to buy an initial 75% stake in the German company, with plans to acquire the rest over an undisclosed number of years. The Boston company turned to Concept Laser after a previously announced deal with SLM Solutions fell through.