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 Announces European Facility Expansion In Gersthofen, Germany

NORTH HUNTINGDON, Pa., Aug. 6, 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 purchased land and will soon begin construction on a new facility in Gersthofen, Germany, in the district of Augsburg.

Upon completion, which is estimated to occur in the latter half of 2014, the facility will comprise approximately 150,700 square feet of production, warehouse, service and R&D space as well as approximately 27,600 square feet for offices. ExOne will be consolidating its five existing leased facilities in Augsburg which currently occupy an aggregate of approximately 77,500 square feet into its new facility, providing expansion capacity to support its global growth strategy.

Rainer Hoechsmann, General Manager of ExOne GmbH, commented, "We were fortunate to secure a strategic location for our new facility, located in an industrial region directly on a German autobahn. This provides easy access to our growing customer base, our vendors, as well as our employees. Consolidating all of our activities, which include production, warehousing, a production service center, an R&D lab, as well as our European headquarters, into a single facility will further improve our efficiency, enhancing our ability to service our customers."

ExOne has engaged GOLDBECK Süd GmbH, a turnkey provider of construction services which focuses on Central Europe, Great Britain, Austria and Switzerland, for the design of its new facility, and expects to engage GOLDBECK for the construction of this facility. Total costs for the land and facility are estimated at approximately $20 million.

For more information regarding ExOne's operations, visit the Company's website at www.exone.com .

About ExOne

ExOne is a global provider of 3D printing machines and printed products to industrial customers. ExOne's business primarily consists of manufacturing and selling 3D printing machines and printing products to specification for its customers using its in‐house 3D printing machines. ExOne offers pre‐production collaboration and prints products through Production Service Centers, which are located in the United States, Germany and Japan. ExOne builds 3D printing machines at its facilities in the United States and Germany. ExOne also supplies the associated products, including consumables and replacement parts, and services, including training and technical support, necessary for purchasers of its machines to print products.

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 18,232.02 -53.72 -0.29%
S&P 500 2,126.06 -4.76 -0.22%
NASDAQ 5,089.3620 -1.4320 -0.03%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs