GE Additive invests US$1.5 billion in AM

GE reports that it has invested approximately US$1.5 billion in advanced manufacturing and additive technologies, in addition to building a global network of additive centers focused on advancing the science. Last year, GE announced it had acquired a 75% stake in Concept Laser GmbH and 76% shares in Arcam AB – both producers of metal additive machines.

‘The ability to work with GE Additive through Concept Laser and leverage their expertise in additive manufacturing, combined with the ability of GE Capital to finance the equipment, makes the GE value proposition very compelling to Roush,’ said Dean Massab, vice president at Roush, which makes auto parts and has been financed by GE. ‘We see GE Additive as a complete solution that can help our company execute on our additive manufacturing journey.’

This story is reprinted from material from GE Additivewith editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.