ExOne Breaks Ground on New European Headquarters
Local government officials join ExOne to kick-off $20 million expansion project for industrial 3D printing operations
The ExOne Company
NORTH HUNTINGDON, PA, October 16, 2013 – The ExOne Company (NASDAQ: XONE) ("ExOne" or "the Company"), a global provider of three-dimensional (“3D”) printing machines and printed products to industrial customers, held a ground breaking ceremony for the construction of its new $20 million facility in Gersthofen, Germany, in the district of Augsburg, on Friday, October 11. The Company was joined at the facility site by Max Strehle, deputy district administrator in the district of Augsburg, and Jürgen Schantin, the mayor of Gersthofen, both of whom spoke on the Company’s efforts in the district.
Rainer Hoechsmann, general manager of ExOne GmbH, kicked off the event with opening remarks about the Company’s continued commitment to both Augsburg and Gersthofen, and the impact that additive manufacturing will have on advancing the technological capabilities of the region as well as globally.
“This event marked a significant step forward as we capitalize on the substantial business foundation we have created in Augsburg to access global markets,” explained Mr. Hoechsmann. “The great performance of our staff in recent years, along with the regional support from officials like Mr. Strehle and Mr. Schantin, has created excellent conditions for innovative companies like ExOne for continued investment in the global advancement of its technology."
ExOne’s new facility is scheduled for completion in the latter half of 2014. It will be comprised of approximately 150,700 square feet of production, warehouse, service and R&D space as well as approximately 27,600 square feet for offices. In addition, the Company will be consolidating its five existing leased facilities in Augsburg – which currently occupy an aggregate of approximately 77,500 square feet – into the new facility as well, providing expansion capacity to support its global growth strategy.
The construction and design of ExOne’s new facility will be completed by GOLDBECK Süd GmbH, a turnkey provider of construction services which focuses on Central Europe, Great Britain, Austria and Switzerland. For more information regarding ExOne’s operations, visit the Company's website at www.exone.com.
ExOne is a global provider of 3D printing machines and printed products, materials and other services to industrial customers. ExOne’s business primarily consists of manufacturing and selling 3D printing machines and printing products to specification for its customers using its in-house 3D printing machines. ExOne offers pre-production collaboration and print products for customers through its six production service centers (“PSCs”), which are located in the United States, Germany and Japan. ExOne builds 3D printing machines at its facilities in the United States and Germany. ExOne also supplies the associated materials, including consumables and replacement parts, and other services, including training and technical support, necessary for purchasers of its machines to print products.
Published Date : 10/17/2013