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GE Reaches Agreement to Acquire a 75% Stake in Concept Laser

GE (NYSE: GE), the world’s leading digital industrial company, has reached an agreement to acquire a 75% stake in Concept Laser GmbH for $599 million (€549 million). The agreement allows for GE to take full ownership in a number of years.

HVOF Coating Puts Grinding Machines to the Test

Manufacturers continually seek ways to make their products stronger and last longer. High Velocity Oxygen Fuel (HVOF) spray coatings help achieve those goals. However, grinding the coatings can be a challenge.

3D Systems Announces Departure of President and CEO

3D Systems (NYSE:DDD) announced today that Avi Reichental has stepped down as President and Chief Executive Officer and as a Director of the Company, effective at the close of business on Wednesday, October 28, 2015, by mutual agreement with the Company’s Board of Directors.

A 4-part plan to help prepare for an eventual cyber breach

In a recent LNS Research study on the Industrial Internet of Things (IIoT) and Digital Transformation, the top two challenges facing the adoption of IIoT technology are finding the budget to invest (32% of respondents) and building the business case (30% of respondents).

Why Ultrasonic Additive Manufacturing Makes Sense for Aerospace & Defense

Additive manufacturing lets companies think “outside the box.” Engineers can now start to look at a part without restrictions on size, shape or material. Instead of taking 15 different CNC milled parts and brazing them together, these companies have reimagined the part entirely—to be built as one part.

UL, Tooling U-SME Sign Letter of Intent on 3D Printing Training, Certification

NORTHBROOK, IL, Dec. 19, 2017 – UL, a global safety science company, and Tooling U-SME, a leader in manufacturing workforce and education development, announce the signing of a Letter of Intent (LOI) focused on a new collaboration to enhance workforce training and development efforts for manufacturers wanting to increase their capabilities in additive manufacturing.

GE Now a User and a Major Seller of AM Technology

General Electric Co. (Boston) has been very public about its use of additive manufacturing (AM) technology to build critical jet engine components, starting with the fuel nozzle for its LEAP engine.