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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.

3D Printing: A Change Agent for Manufacturing

It’s not often you get the opportunity to witness rapid, life-impacting change, but for those of us who have been in the 3D printing industry over the last few decades, we have witnessed just that. In the last 20-plus years, 3D printing has changed the definition of manufacturing from merely “one-size-fits-all” to “customized” production and from “high-volume” to “high-complexity/low-volume”—a startling paradigm shift that has enabled many new applications for the manufacturing industry.

Lockheed Martin Looks to Catch Up in 3D Printing

With all of its accomplishments – including world’s largest defense contractor, and a presence in all 50 states and 70 countries – you might think Lockheed Martin (Bethesda, MD) would already have mastered additive manufacturing.

Machinery Industry Is Healthy, Expanding

“We expect to see the world machinery market grow in the next five years,” said Arun Kumar a director at AlixPartners in a discussion he and I had recently.

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.