Farsoon Technologies, headquartered in Changsha, Hunan, China, has reported sales of over $15 million for the month of November 2021, a record for the company. These results include over forty machine sales, as well as material, service and application contracts, with metal Additive Manufacturing said to account for over 60% of sales due to major projects in the aerospace, transportation, medical, tooling and service bureau sectors.
“Despite the challenging pandemic situation, Farsoon was able to deliver strong performance supporting the recovering global industrial demands, thanks to the hard work of the global Farsoon team,” stated Don Xu, Director of Farsoon’s Global Business Group. “With continuous technology innovation and increasing market share, Farsoon has proved itself a strong and stable Additive Manufacturing partner that customers can trust.”
“We are excited to see the growth in metal machines in Europe and North America market besides our established plastic system installation base. With a strong machine order backlog, we are confident of our positive outlook for 2022.”
The company has also announced plans for the expansion of its production capacity. “We are also glad to share that we are well on the way to completing our new manufacturing facility expansion, with a new dedicated site for increased polymer powder material production; in order to offer high quality machine and material solutions to our global customer,” added Hope Hou, General Manager of Farsoon, “In the year of 2021, Farsoon has been rapidly growing our team from 300 to 450 additive experts globally, with increasing investment in technology and development.”