GE announced that its GE Additive will partner with GE Capital to sell and provide financing for metal additive manufacturing machines.
GE Capital will develop a series of customized financial solutions for its clients. These solutions will enable GE Additive's customers to obtain flexible strategic financing options so that they can access this transformative manufacturing technology in countries around the world.
"We have expertise in both manufacturing and equipment financing, which allows us to create competitive financial solutions to support our clients'" strategic business goals ", said Trevor Schauenberg, President and CEO of GE Capital. Timber manufacturing is a key factor in the advancement of manufacturing, and we are excited to drive its growth. "
In addition to building a global network of additive centers designed to promote the development of additive science, GE has invested approximately $ 1.5 billion in advanced manufacturing and additive technologies. It is understood that GE Additive provides customers in aerospace, medical, automotive, luxury and many other industries with a full range of metal additive manufacturing machines, materials and engineering solutions.
Not long ago, GE announced that it had completed the $ 599 million acquisition of Concept Laser and acquired a 75% stake in the latter. Concept Laser designs and manufactures powder bed-based laser additive machines with customers in the aerospace, medical, dental, automotive, and jewelry industries, and is a pioneer in the field of powder laser additive. After that, GE completed the holding of Sweden's Arcam AB. Arcam invented an electron beam melting machine for metal additive manufacturing and also produces advanced metal powders.
Mohammad Ehteshami, vice president of additive integration at GE Additive, said, "Additive manufacturing is a new revolution that is changing the way we design and manufacture products to make them faster, more complex, and more cost-effective. With the cooperation of GE Capital, we now have the ability to popularize additive manufacturing, making it easier for companies to purchase additive manufacturing machines, thereby enhancing their competitiveness and accelerating their adoption of additive technology. We are very happy to be the additive revolution A part. "