HEIDELBERG, Germany, November 25, 2016 /PRNewswire/ -- In the presence of Theresia Bauer (Green Party), Minister of Science, Research and the Arts for the German state of Baden-Württemberg, Heidelberger Druckmaschinen AG (Heidelberg) today officially launched its new development center project at the company's Wiesloch-Walldorf site. In 2018, the center for around 1,000 working places will be home to the world's most state-of-the-art research facility for the printing industry. Heidelberg is setting new standards by investing some €50 million in the new innovation hub. This will create the number one competence center in the printing industry, which has a global annual turnover of around €400 billion, a figure that is increasing. "This investment represents a new beacon in Baden-Württemberg's research landscape. Building a development center of this size and quality proves that Heidelberger Druckmaschinen AG bases its decisions on a long-term strategy and makes the future worth looking forward to," says Bauer. "We deliberately chose Baden-Württemberg because it combines an excellent environment with highly qualified experts," stresses Heidelberg CEO Rainer Hundsdörfer. A highly modern and future-oriented working environment will be created in Wiesloch-Walldorf, designed to support interdisciplinary and cross-functional development processes. Despite the difficult economic situation in recent years, the company at no time cut its research budget, focusing instead on developing new, innovative products and services. The printing industry now requires new applications and control technologies. Alongside traditional offset printing, digital printing will also be part of the future and ensure that the sector enjoys continued growth. It caters in particular to the trend toward flexible and personalized extremely short runs. Digital 4D printing - the printing on three-dimensional objects made from all kinds of materials - also underscores this trend. It enables customized printing of glass, wood, plastic, and other materials. Heidelberg is the first company to have developed a number of digital presses for industrial use.