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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.

No Two CFRP Materials Machine Exactly Alike

Carbon fiber reinforced polymer (CFRP) composite materials deliver the important performance advantages of high strength-to-weight ratio, durability, and extreme corrosion resistance in lightweight structures, valued especially for demanding aerospace and oil and gas industry applications.

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.

Dunnage: Often Ignored, Always Important

Dunnage used to ship and process automotive parts on the shop floor is a key component in the overall manufacturing process, yet it is often overlooked when companies are working to make lines lean and green. Today, it is important that manufacturers know that most dunnage used to transport parts from start to finish can be reused for the lifetime of production.

Drilling Difficult Materials

Drilling a hole to required specification in production drilling can be challenging when the workpiece material is especially difficult-to-machine.

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.

Cold Sintering Process Saves Energy, Material

Researchers at Penn State University (University Park, PA) have devised a novel method for sintering, a widely used manufacturing process for powdered materials. The new process, which uses much less time and energy than current approaches, could have global implications on manufacturing and energy savings and pave the way for new discoveries.

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.