ROCK HILL, S.C., Aug. 7, 2018
/PRNewswire/ -- 3D Systems (NYSE: DDD) and Georg Fischer AG
(FI/N: SIX Swiss Ex) GF Machining Solutions today announced a
partnership that will enhance metal parts production and redefine
how manufacturers think about their manufacturing environments. GF
Machining Solutions is one of the world's leading providers of
complete solutions to the precision machining industry and to
manufacturers of precision components. By combining the strength of
3D Systems' innovation and expertise in additive manufacturing with
GF Machining Solutions' renowned leadership in precision machining,
this partnership will enable manufacturers to more efficiently
produce complex metal parts within tight tolerances, and reduce
total cost of operation. The integrated solutions planned will
deliver a new concept in factory automation that includes software
for enhanced part design, 3D printers, materials and automated
material handling, electrical discharge machining (EDM), milling
equipment and advanced post-processing technologies. These new
design and manufacturing options can lead directly into improved
existing products, new designs, new business models, and new
markets. The companies plan to debut the first combined solution as
a result of this partnership in conjunction with IMTS 2018,
September 10-15, 2018, Chicago (3D Systems Booth#431608, GF Machining
Solutions Booth #338754).
The partnership between 3D Systems and GF Machining Solutions is
rooted in their common focus of providing end-to-end solutions. For
more than 30 years, the companies have cemented their reputations
as industry leaders and innovators. 3D Systems' Co-founder and
Chief Technology Officer Charles "Chuck" Hull invented 3D printing
which gave rise to the company and an industry. Today, 3D Systems
delivers end-to-end 3D printing solutions that redefine
manufacturing workflows for customers in the aerospace, healthcare,
automotive, dental and durable goods industries. GF Machining
Solutions – in addition to building a reputation for its precision
machining solutions – has demonstrated its market dominance with
advanced automation and post-processing technologies. 3D Systems
and GF Machining Solutions have a presence in more than 50
countries, which includes production facilities, research and
development centers, and broad sales and service networks
encompassing internal teams as well as channel partners.
"We are excited about this new partnership of two industrial
leaders," said Yves Serra, chief
executive officer, Georg Fischer.
"With the combined experience and expertise of 3D Systems and GF
Machining Solutions, we are well positioned to bring to our
customers new manufacturing solutions based on 3D printing."
"The 3D Systems and GF Machining Solutions partnership brings
together two customer-centric innovators to redefine manufacturing
and create the factory of the future," said Vyomesh Joshi, president and chief executive
officer, 3D Systems. "As industry leaders, both companies share the
same vision for transforming manufacturing. We are looking forward
to delivering integrated technology solutions to provide our
customers with significant competitive advantage through reduced
production time, faster time to part, and overall lower total cost
of operation."
Forward-Looking Statements
Certain statements made in
this release that are not statements of historical or current facts
are forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements involve known and unknown risks, uncertainties and other
factors that may cause the actual results, performance or
achievements of the company to be materially different from
historical results or from any future results or projections
expressed or implied by such forward-looking statements. In many
cases, forward looking statements can be identified by terms such
as "believes," "belief," "expects," "may," "will," "estimates,"
"intends," "anticipates" or "plans" or the negative of these terms
or other comparable terminology. Forward-looking statements are
based upon management's beliefs, assumptions and current
expectations and may include comments as to the company's beliefs
and expectations as to future events and trends affecting its
business and are necessarily subject to uncertainties, many of
which are outside the control of the company. The factors described
under the headings "Forward-Looking Statements" and "Risk Factors"
in the company's periodic filings with the Securities and Exchange
Commission, as well as other factors, could cause actual results to
differ materially from those reflected or predicted in
forward-looking statements. Although management believes that the
expectations reflected in the forward-looking statements are
reasonable, forward-looking statements are not, and should not be
relied upon as a guarantee of future performance or results, nor
will they necessarily prove to be accurate indications of the times
at which such performance or results will be achieved. The
forward-looking statements included are made only as the date of
the statement. 3D Systems undertakes no obligation to update or
review any forward-looking statements made by management or on its
behalf, whether as a result of future developments, subsequent
events or circumstances or otherwise.
About 3D Systems
3D Systems is the originator of 3D
printing and an innovator of future 3D solutions. It has spent its
30-year history enabling professionals and companies to optimize
their designs, transform their workflows, bring groundbreaking
products to market and drive new business models. This is achieved
with the Company's best of breed digital manufacturing ecosystem.
It's comprised of plastic and metal 3D printers, print materials,
on demand manufacturing services and end-to-end manufacturing
software solutions. Combinations of these products and services
address a variety of advanced applications- ranging from Aerospace,
Automotive, and Consumer Goods to Medical, Dental, and Jewelry. For
example, 3D Systems' precision healthcare capabilities include
simulation, Virtual Surgical Planning, and printing of medical and
dental devices as well as patient-specific surgical
instruments. More information on the company is available
at www.3dsystems.com.
About Georg Fischer
(GF)
GF comprises three divisions: GF Piping Systems, GF
Casting Solutions, and GF Machining Solutions. Founded in 1802, the
Corporation is headquartered in Switzerland and is present in 34 countries
with 136 companies, 57 of them production facilities. Its 15,835
employees generated sales of CHF 4,150
million in 2017. GF is the preferred partner of its
customers for the safe transport of liquids and gases, lightweight
casting components, and high-precision manufacturing technologies.
You will find further information at www.georgfischer.com.
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SOURCE 3D Systems