3D Systems announces restructuring initiative for software and metal AM machines

March 1, 2023

3D Systems offers a range of metal Additive Manufacturing machines and complementary equipment (Courtesy 3D Systems)
3D Systems offers a range of metal AM machines and complementary equipment (Courtesy 3D Systems)

3D Systems, Rock Hill, South Carolina, has announced a multi-faceted restructuring initiative to improve operating efficiencies, including optimising its European metal Additive Manufacturing operations and streamlining its software organisation. The initiative is expected to reduce operating expenses in 2023 by approximately $2.5-3.5 million, and provide an annualised savings of approximately $5.5-7 million in 2024 and beyond.

As a key aspect of the restructuring initiative, the company will consolidate the engineering and manufacturing of its metal AM machines to reduce cycle time on new product introductions and increase operational efficiencies. This includes the DMP 200 (small), DMP 350 (medium), and DMP 500 (large) Laser Beam Powder Bed Fusion (PBF-LB) machines.

THE WORLD OF METAL AM TO YOUR INBOX
Subscribe to our weekly newsletter
Sign up

3D Systems has also streamlined its software development operating structure to further reduce ongoing operating expenses. Software is an essential element of the company’s future growth strategy, and over the past year, the company has merged its portfolio of Additive Manufacturing applications with the Oqton Manufacturing Operating System organisation, creating an integrated end-to-end software suite under a unified management structure. These latest software-related cost savings are said to reflect synergies derived from this successful integration effort.

Activities related to these restructuring initiatives will begin immediately and are expected to be completed by mid-2023.

“These restructuring efforts are an extension of the work we began in late-2020 to streamline our operational footprint and better leverage our company scale in Additive Manufacturing,” stated Dr Jeffrey Graves, 3D Systems’ president and CEO. “Over the last year, we have made significant progress through the focusing of our development activities and by selectively insourcing the manufacture of our high-complexity, high-value 3D polymer printers. These efforts have reduced operating costs while improving customer quality and delivery reliability. With momentum established in our polymer platform operations, we will now extend our focus to our metal systems, bringing together and streamlining our engineering and operations teams.”

“With regard to software,” he continued, “through the acquisition of Oqton and the subsequent consolidation of our software platforms under a unified organisational structure, we have now enabled further operational efficiencies to be gained in this key area of the company. While we have significant benefits to realise from all of these efforts, they by no means represent the last chapter of efficiency improvements that are available to us. Moving forward, we will continue to implement improvement plans to meet our goal of being the leading, most successful Additive Manufacturing company in the world.”

www.3dsystems.com

Download Metal AM magazine

About Metal Additive Manufacturing magazine

Metal AM magazine, published quarterly in digital and print formats, is read by a rapidly expanding international audience.

Our audience includes component manufacturers, end-users, materials and equipment suppliers, analysts, researchers and more.

In addition to providing extensive industry news coverage, Metal AM magazine is known for exclusive, in-depth articles and technical reports.

Our focus is the entire metal AM process from design to application.

Each issue is available as an easy-to-navigate digital edition and a high-quality print publication.

In the latest issue of Metal AM magazine

Download PDF
 

Extensive AM industry news coverage, as well as the following exclusive deep-dive articles:

  • BMW Group: Laying the foundations for the application of metal Additive Manufacturing in the automotive industry
  • Predicting the metal Additive Manufacturing market – and breaking the hype cycle
  • China’s thriving metal Additive Manufacturing industry: An outsider’s perspective
  • Enhancing the productivity of Additive Manufacturing facilities through PBF-LB automation
  • Award-winning metal AM parts from the MPIF’s 2024 Design Excellence Awards
  • Performance of eddy currents for the in-situ detection of defects during PBF-LB metal AM

The world of metal AM to your inbox

Don't miss any new issue of Metal AM magazine, and get the latest industry news. Sign up to our twice weekly newsletter.

Sign up

Looking for AM machines, metal powders or part manufacturing services?

Discover suppliers of these and more in our comprehensive advertisers’ index and buyer’s guide, available in the back of Metal AM magazine.

  • AM machines
  • Process monitoring & calibration
  • Heat treatment & sintering
  • HIP systems & services
  • Pre- & post-processing technology
  • Powders, powder production and analysis
  • Part manufacturers
  • Consulting, training & market data
View online

Discover our magazine archive…

The free to access Metal Additive Manufacturing magazine archive offers unparalleled insight into the world of metal Additive Manufacturing from a commercial and technological perspective through:

  • Reports on visits to leading metal AM part manufacturers and industry suppliers
  • Articles on technology and application trends
  • Information on materials developments
  • Reviews of key technical presentations from the international conference circuit
  • International industry news

All past issues are available to download as free PDFs or view in your browser.

Browse the archive

Share via
Copy link
Powered by Social Snap