Farsoon Technologies, headquartered in Hunan, China, recently held a ground-breaking ceremony for its new R&D and manufacturing headquarters in Xiangjiang New District, just ten minutes from the company’s current base.
This new facility covers a total area of over twenty acres, and features 140,000 m2 of floor space. The first phase of construction is expected to be completed in 2024 and will include multiple integrated infrastructures for industrial Additive Manufacturing, including research and development, an application hub, machine manufacturing, innovation laboratory, integration facility and service centre.
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“Additive Manufacturing is playing an increasingly vital role in many industries,” stated Dr Xu Xiaoshu, founder & CEO of Farsoon Technologies. “Farsoon Technologies has laid out a plan for pushing true manufacturing with plastic and metal Laser Powder Bed Fusion technology. With the completion of the new headquarters, we will keep building credibility by introducing innovative industrial solutions that meet the demand of the market.”
Farsoon Technologies, founded in 2009,is a global manufacturer and supplier of industrial level polymer and metal laser-based Additive Manufacturing machines. Farsoon is reported to be the leading supplier of industrial AM technology in China and has an increasing presence in the international market. The company established a North American subsidiary in 2017 and set up Farsoon Europe GmbH in 2018.
The news follows on from the company’s recent growth activity, which includes expanding its global sales presence and a recent listing on the Shanghai Stock Exchange.