As you surely know, since last year was one of the most popular news of the whole year, the company Concept Laser It was bought by General Electric thanks mainly to its great knowledge and skills in the field of metal 3D printing. As part of this purchase agreement, General Electric undertook to invest in the construction of a 3D Campus located very close to the headquarters of the German company.
After a long time of waiting, the works for the construction of this impressive campus finally, in which part of the 100 million that General Electric will invest in the development of metal 3D printing will be invested. It is expected that research and development, production of all kinds of projects, customer services and new developments can be carried out there. For this, this new campus will cover us Sqm 35.000.
Concept Laser and General Electric will invest 105 million euros in the short and medium term in 3D printing
For its part, thanks to the construction of this new headquarters, Concept Laser expects to employ more than 500 people, which will literally mean having the capacity to quadruple its current production. For its part, and as reported by both the German company and its parent, General Electric, this will involve an estimated investment of 105 millones de euros.
In the words of Frank herzog, current CEO of Concept Laser:
Here we established our first headquarters. We are frank and we are down to earth. Here are the brightest minds, here are the experts.
I am delighted that General Electric's commitment to growth at the Lichtenfels site is now backed by action. The associated protection and the creation of new jobs is also a good message for the city and the district of Lichtenfels. The significant investment in a new location, combined with the importance of being a new global hub within General Electric clearly demonstrates the value and appreciation that Concept Laser has received.