GE's two giants cooperate to develop metal 3D printers

Recently, GE announced that its GE Additive and GE Capital will cooperate to jointly sell and finance metal 3D printers. GE Capital will develop a series of customized financial solutions for its customers. These solutions will enable GE Additive's customers to obtain strategic and flexible financing solutions in order to obtain this transformative manufacturing technology in countries around the world.

Trevor Schauenberg, President and CEO of GE ’s Industrial Finance, said: “Our dual expertise in manufacturing and equipment financing enables us to create competitive financial solutions to support our clients’ strategic business goals. At the same time, 3D printing technology Is a key factor in the evolution of manufacturing, so we are happy to achieve its growth. "

In addition to building a global network focused on advancing scientific 3D printing, GE also invested approximately $ 1.5 billion in the development of 3D printing technology. At the same time, GE Additive provides customers in many industries with metal 3D printing technology, materials and engineering solutions, involving aerospace, medical, automotive and luxury goods.

In fact, on November 14 last year, after GE agreed to expand its public bidding, it acquired a controlling stake in Arcam AB, Sweden. Arcam invented the electron beam melting machine based on metal 3D printing technology, and also produced a series of advanced metal powders. On December 8, GE acquired 75% of Concept Laser's equity for $ 599 million (EUR 549 million). Its conceptual laser design and manufacturing of powder bed laser 3D printers have been recognized by customers in the aerospace, medical, dental, automotive and jewelry industries. As a leading end user and 3D printing technology investor, GE is undergoing a transformation of the entire company.

As Mohammad Ehteshami, vice president of integration at GE Additive, said, 3D printing technology has brought a new revolution to people, changing the current way of designing and manufacturing products. As a result, product manufacturing cycles are shorter, designs are more complex, and cost-effective.

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