GE plans to dominate 3D printing: Here’s how

[Image courtesy of brokinhrt2 on Flickr, per Creative Commons 2.0 license]

A new big gorilla has entered the 3D printing space, and it is called General Electric.

GE said Wednesday that GE Additive will work with GE Capital to both sell and finance metal additive machines. The news is but another sign of just how important officials at the multinational industrial company view 3D printing’s potential to transform medical device manufacturing and a host of other industries.

The financing partnership is but the major latest play that GE has been making in the 3D printing space. In recent months, the company spent hundreds of millions of dollars to acquire about three-fourths of the shares of two European makers of metal-based 3D printing equipment: Arcam (Mölndal, Sweden) and Concept Laser (Lichtenfels, Germany). Both Arcam and Concept Laser are active sellers in the medical device manufacturing space.

Get the full story on our sister site, Medical Design & Outsourcing.

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