This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

ExOne Opens Sixth Production Service Center And Announces Plans For Two New Sales Centers In Brazil And China

  • Newest PSC Located in Auburn, Washington; Third U.S.-Based PSC Serves the Northwestern Industrial Corridor
  • Sales Centers to be Located in Sao Paulo and Shanghai

NORTH HUNTINGDON, Pa., July 31, 2013 (GLOBE NEWSWIRE) -- The ExOne Company (Nasdaq:XONE) ("ExOne" or "the Company"), a global provider of three-dimensional ("3D") printing machines and printed products to industrial customers, announced today that it has opened a new Production Service Center ("PSC") in Auburn, Washington, near Tacoma. Additionally, the Company announced the establishment of sales centers in Sao Paulo, Brazil and Shanghai, China.

To be cost competitive and with sufficient customer demand in the Puget Sound region, the Company opened an 11,600 square foot leased facility in which it will print molds and cores for foundries in the northwestern U.S. corridor. With the general manager and production staff already on board, full operations are expected to commence in September. This marks ExOne's third PSC in the U.S. and sixth PSC worldwide.

The Company's new sales centers in Sao Paulo and Shanghai will utilize the resources of the Association for Manufacturing Technology ("AMT"), which provides global support to U.S. manufacturers through its technical centers and representative offices in numerous global locations. ExOne will have sales representatives in each office to focus on targeting customers well suited for ExOne's 3D printing technology and to focus on furthering the reach of the Company's expanding sales network in South America and China.

David Burns, President and Chief Operating Officer of ExOne commented, "PSCs provide our customers the opportunity to directly experience our 3D printing technology and increase their understanding of the value it can provide their operations. As the hub of industrial activity in the northwestern U.S., particularly the aerospace industry, the greater Tacoma area is a natural location for our sixth PSC. We expect the addition of this facility will help to drive further revenue growth, consistent with our expansion strategy."

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 17,730.11 -27.80 -0.16%
S&P 500 2,076.78 -0.64 -0.03%
NASDAQ 5,009.2140 -3.9090 -0.08%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs