Siemens to Open $38M 3D Printing Factory
March 19, 2018
Moving to increase its foothold in the burgeoning additive manufacturing industry, Siemens plans to open a new, advanced 3D printing factory in Worcester, England within the next five years, the German-owned company announced Monday.
Over the next half decade, Siemens plans to invest £27 million, or about $37.9 million, in the project, boosting its number of 3D printing machines from 15 to 50. With the additional equipment, the company intends for the Worcester location to become a “global center of excellence” additive manufacturing.
“This significant investment underlies our belief that there is huge potential for innovation and growth within the additive manufacturing sector. It is also the next step towards achieving our ambition of pioneering the industrialization of 3D printing and demonstrates how we are leading the way for the fourth industrial revolution,” Jürgen Maier, chief executive officer of Siemens UK, said in a statement.
Siemens is the majority stakeholder in the plant’s operator, additive manufacturing and engineering company Materials Solutions Ltd. The company focuses on manufacturing parts for the aviation, automotive, power generation, and motor sports industries. About 50 new jobs will be created at the site as a result of the investment.
“Our Worcester-based team are specialists in using additive manufacturing technology to solve complex engineering challenges for our customers across a range of sectors including aerospace, automotive, and power generation,” said Phil Hatherley, general manager of Materials Solutions, in the release. “Our new facility will give us the space and scope to innovate for these specialist and demanding industries and achieve a shift in the perception of 3D printing.”
Materials Solutions uses Selective Laser Melting (SLM) technology to produce a range of high-performance metal parts, including products made from high-temperature super alloys. The factory is scheduled to open this coming Septemnber.
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