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ExOne to Open Combined Production Service Center and Machine Sales Center in Italy

 

Newest facility strategically located in Lombardy region of Italy, near industrial centers of Milan, Torino and Venetia; Second European-based PSC; Eight total PSCs globally

 

PRESS RELEASE
The ExOne Co.


NORTH HUNTINGDON, PA, June 19, 2014 – The ExOne Company (NASDAQ: XONE) ("ExOne" or "the Company"), a global provider of three-dimensional ("3D") printing machines and printed products to industrial customers, announced today the planned opening of a new combined Production Service Center (“PSC”) and Machine Sales Center in the Lombardy region of Italy on or about August 1, 2014.  Said Omar, most recently ExOne’s European Sales Director, will be ExOne Italy’s Managing Director.

The location, consisting of an approximately 3,300 square foot leased facility, was selected due to its close proximity to foundries and operations supporting the aviation, automotive and other industries around Milan, Torino and Venetia.  ExOne Italy’s PSC will initially operate with one each of the Company’s S-Max and S-Print 3D printing machines.  The Company’s largest capacity machine, the S-Max, prints sand molds and cores in a build box of 1.8 meters x 1 meter x 0.7 meters with a job box production time of about 24 hours.  The mid-sized S-Print machine prints objects using silica sand or ceramic and has the capability to utilize the Company’s phenolic binder.  This binder is especially conducive to challenges faced by the aviation, automotive, hydraulic/heavy equipment and pump industries.  The S-Print system includes an industrial microwave oven provided by MWT, a business acquired by ExOne in March 2014.

Rainer Hoechsmann, Chief Development Officer and General Manager of ExOne GmbH commented, “The opening of our new combined sales and PSC facility in Italy will help us to drive further revenue growth in Europe, consistent with our expansion strategy.  Italy has been a strong source of work for our existing European PSC and this new location, combined with onsite demonstration of our 3D printing capabilities using our binder jetting technology, will enable our growing list of customers and prospects in Italy to experience how our machines and products can directly change and benefit their business.  Said Omar, a resident of Italy, has in- depth experience with our technology and is well suited to drive our machine sales as well as manage job shop production of our industrial products at ExOne Italy.”

ExOne’s other PSCs are located in North Huntingdon, PA; Troy, MI; Houston, TX; Auburn, WA; Las Vegas, NV; Augsburg, Germany; and Kanagawa, Japan. 

For more information regarding ExOne’s operations, visit the Company's website at www.exone.com.


About ExOne

ExOneExOne 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 eight PSCs, which are located in the United States, Germany, Italy 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 : 6/19/2014

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