GE Additive will collaborate with GE Capital to sell and finance metal additive machines. GE Capital will develop customized financial solutions for its customers, spurring growth in the global medical, aerospace, automotive, and machining industries.
“Our dual expertise both in manufacturing and in equipment finance, allows us to create competitive financial solutions that support our customers’ strategic business goals,” says Trevor Schauenberg, president and CEO of GE Capital Industrial Finance.
GE has invested approximately $1.5 billion in advanced manufacturing and additive technologies and has built a global network of additive centers focused on advancing the science. GE also recently announced it has acquired a 75% stake in Concept Laser GmbH and 76% of the shares in Arcam AB – both producers of metal additive machines.
“Additive manufacturing is the new revolution, changing the way we design and manufacture products – faster, more sophisticated, and more cost efficient,” says Mohammad Ehteshami, vice president for Additive Integration at GE Additive. “By partnering with GE Capital, we’re now able to democratize additive manufacturing, making it easier for businesses to buy additive machines, fostering their competitiveness, and accelerating the adoption rate.” www.geadditive.com; www.ge.com
Additive manufacturing, 3D printing opportunities for 2017 and beyond
“Additive Manufacturing: Review of Opportunities in Key Industries 2017” offers analyses and forecasts for the 3D printing/additive manufacturing (3DP/AM) space and covers:
- Printer shipment forecasts
In 2017 the hardware market will begin to rebound as next-generation systems become available, providing a clearer path towards realizing the value of 3DP/AM. www.smartechpublishing.com