- Company should expand the capacity of Advanced Metals and Polymers Manufacturing, Customer Training and Collaboration Center and Material Development Laboratories
- Addition of 100,000 square feet for production of quality materials and laboratories
- Creating more than 50 new jobs in South Carolina in the next five years
ROCK HILL, SC, February 2, 2021 (GLOBE NEWSWIRE) – 3D Systems (NYSE: DDD) today announced a planned expansion of its location in Rock Hill, South Carolina, adding 100,000 square feet to its existing headquarters campus. This expansion will allow the company to consolidate its manufacturing, quality and material logistics operations, with new and expanded material development laboratories to improve operational efficiency, accelerate the development of solutions and reduce time to market. In addition, the company will expand its customer training and collaboration facilities, as well as its advanced manufacturing capabilities for metal and polymer components. These features are essential to accelerate the shift from proof of concept to new customer applications for defining full-scale workflow and initial industrial production.
3D Systems co-founder and chief technology officer Chuck Hull invented 3D printing technology in 1983 and his spark of innovation sparked the 3D printing industry (also known as ‘additive manufacturing’). More than 30 years later, the company remains a recognized industry leader and is the largest company based in the United States that provides end-to-end additive manufacturing solutions. 3D Systems collaborates with its customers to create tailor-made solutions – comprising materials, hardware, software and services – to meet unique applications and business requirements. The additional customer collaboration space will provide an enhanced environment for 3D Systems’ application engineers to help customers meet their distinct market needs.
Advanced materials are at the heart of the company’s 3D printing solutions, which enable the design and manufacture of parts for a variety of applications, including medical implants, orthodontic aligners, space exploration, satellites, NASCAR, Formula 1 and devices. The company’s material innovation – led by its deeply experienced team of material scientists – is driven by a desire to meet the new application challenges presented by its customers. As part of this expansion, 3D Systems intends to invest in new laboratories to foster this activity. The new materials produced in the company’s expanded laboratories have the potential to serve an increasing range of applications – changing the way products are developed and produced and how health is provided.
“Although 3D Systems is a global company, our South Carolina headquarters has been its center for many years,” said Dr. Jeffrey Graves, president and CEO of 3D Systems. “This expansion of our Rock Hill campus allows us to bring together key elements of the business to gain efficiency and accelerate innovation and the adoption of additive manufacturing by the customer on an industrial scale. Through our restructuring and investment activities, we will bring new jobs to the area over the next five years, which will contribute to the economic development of Rock Hill and South Carolina. The combination of state-of-the-art facilities; renowned hardware, materials and software; and our application knowledge leadership will be a catalyst for taking our innovation to new heights – providing additive manufacturing solutions for specific high-value applications in growing markets. “
“I am pleased that 3D Systems is expanding its presence in our state,” said Senator Lindsey Graham. “As leaders in additive manufacturing, they provide solutions that enable manufacturers in the United States, as well as around the world, to transform the way they create products. This is driving innovation and helping to increase the competitiveness of our country as an industrial power. I am impressed by the growth of 3D Systems, fueled by the innovation that these investments will continue to offer. I look forward to the success of 3D Systems for many years. “
This activity is part of the 3D Systems restructuring and reorganization plan announced last year. Expanding the location of the company’s South Carolina headquarters will facilitate executive leadership, R&D, application development, manufacturing, finance, marketing and information technology to operate from this location. 3D Systems expects the expansion to be completed in early 2022. For more information about the company or to explore career opportunities, visit www.3dsystems.com.
Forward-Looking Statements
Certain statements made in this release that are not statements of historical or current facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act 1995. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the results the company’s actual results, performance or achievements are materially different from historical results or from any future results or projections expressed or implied by such forward-looking statements. In many cases, forward-looking statements can be identified by terms such as “believe”, “believe”, “wait”, “can”, “will”, “esteem”, “intend”, “anticipate” or “plan” or to of these terms or other comparable terminology. Forward-looking statements are based on management’s current beliefs, assumptions and expectations and may include comments regarding the company’s beliefs and expectations about future events and trends that affect its business and are necessarily subject to uncertainty, many of which are beyond the control of the company. the company. The factors described under the headings “Forward Looking Statements” and “Risk Factors” in the company’s periodic filings with the Securities and Exchange Commission, as well as other factors, may cause actual results to differ materially from those reflected or anticipated in the future statements appearance. Although management believes that the expectations reflected in the forward-looking statements are reasonable, the forward-looking statements are not and should not be considered as a guarantee of future performance or results, nor will they necessarily prove to be accurate indications of the times when such performance or results will be achieved. The forward-looking statements included are made only on the date of the statement. 3D Systems assumes no obligation to update or revise any forward-looking statements made by or on behalf of management, whether as a result of future developments, subsequent events or circumstances or otherwise.
About 3D systems
More than 30 years ago, 3D Systems brought 3D printing innovation to the manufacturing industry. Today, as a leading partner in additive manufacturing solutions, we bring innovation, performance and reliability to every interaction – enabling our customers to create products and business models never before possible. Thanks to our exclusive offering of hardware, software, materials and services, each application-specific solution is powered by the experience of our application engineers who collaborate with customers to transform the way they deliver their products and services. 3D Systems’ solutions address a variety of advanced applications in the healthcare and industrial markets, such as medical and dental, aerospace and defense, automotive and durable goods. More information about the company is available at www.3dsystems.com.