Thyssenkrupp plans to
open 3D printing center this year
Send a link to a friend
[April 25, 2017]
Germany (Reuters) - German industrial group Thyssenkrupp plans to open
its own 3D printing center this year to manufacture products for its
customers, a company executive said on Tuesday.
As well as producing steel, submarines and elevators, Thyssenkrupp
supplies thousands of tonnes of metal and plastic products and provides
supply-chain management services to a quarter of a million customers
Some industrial components such as airline or wind-turbine parts can now
be made by 3D printing, or additive manufacturing, in which objects are
printed in layers directly from a computer design instead of being cut
out of blocks of material.
This saves money on material costs by reducing the number of parts
needed tenfold or more, and also saves time from design to
manufacturing, allowing objects to be produced in small batches in a
"We have decided... to establish our own 3D printing center. We have
invested already into the machines. We have invested already in the
people - they are there. They are already producing," said Hans-Josef
Hoss, an executive board member of Thyssenkrupp Materials Services
"We start from the engineering side and deliver the final product with
all aftersales and related services," he said in a speech at an event
during the Hannover Messe, the world's biggest industrial fair.
Hoss said the center would be inaugurated in September, and would
produce both metal and plastic products. He gave no further details.
Additive manufacturing is rapidly gaining the attention of large
industrial firms as the technology improves and the pressure for custom
[to top of second column]
The logo of German steel-to-elevators group ThyssenKrupp AG is
pictured during the company's annual news conference in Essen,
Germany, November 24, 2016. REUTERS/Wolfgang Rattay/File Photo
General Electric said on Monday it was investing 100 million euros ($109
million) to expand a German 3D printing firm it bought last year - one of two it
acquired at a total cost of over $1 billion - and would open a 3D printing
customer center in Munich.
GE, a leader in 3D-printed aircraft engine parts, said it had produced 50
percent of the parts needed for a helicopter engine, slashing the number of
parts required from 900 to just 16, reducing the weight by around 60 percent and
cutting the related costs by 40 percent.
Use of 3D technology is surging. Sales reached $1 billion in 2007, jumped to
nearly $5.2 billion in 2015 and are expected to hit $26.5 billion by 2021,
according to a report by Wohlers Associates, a consulting firm that analyzes the
($1 = 0.9195 euros)
(Reporting by Georgina Prodhan; Editing by Hugh Lawson)
[© 2017 Thomson Reuters. All rights
Copyright 2017 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.