Strategically Realigning Additive Manufacturing (AM) Business, Consolidating Production in the US
December 04, 2023 at 01:02 pm EST
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OC Oerlikon
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Strategically Realigning Additive Manufacturing (AM) Business, Consolidating Production in the US
04.12.2023 / 19:00 CET/CEST
Focusing production in the US as the largest growth market for additive manufacturing, and given the adverse market conditions for AM in Germany that limit growth opportunities.
US market offers better framework conditions, market acceptance and applications for disruptive technologies.
International customers are planned to be served from the US.
Research and development (R&D) site in Garching to focus on new advanced materials, surface coating technologies and digitalization.
Pfaeffikon, Schwyz, Switzerland – December 4, 2023 – Oerlikon announced today that it plans to strategically realign its additive manufacturing business and consolidate its AM production in the US as the largest growth market for this new technology, and due to the adverse market conditions for AM in Germany that limit growth opportunities.
Focusing AM production in Huntersville, North Carolina, brings the business closer to the US growth sectors, such as semiconductor, and also enables the business to benefit from the more conducive US framework conditions and higher market acceptance for disruptive technologies. In the future, European and other international customers are planned to be served from the US.
In close coordination with existing customers, the current production at Barleben and Shanghai are planned to be relocated in 2024. The R&D site in Garching, Germany, will focus on developing new advanced materials, surface coating technologies and digitalization.
Additive Manufacturing is a business of Oerlikon’s Surface Solutions division. The business was founded as a start-up to develop and produce novel 3D applications for sectors such as aerospace and semiconductor.
About Oerlikon
Oerlikon (SIX: OERL) is a global innovation powerhouse for surface engineering, polymer processing and additive manufacturing. The Group’s solutions and comprehensive services, together with its advanced materials, empower customers by improving and maximizing the performance, function, design and sustainability of customers’ products and manufacturing processes in key industries. Pioneering technology for decades, everything Oerlikon invents and does is guided by its passion for supporting customers’ goals and fostering a sustainable world. Headquartered in Pfaeffikon, Switzerland, the Group operates its business in two Divisions – Surface Solutions and Polymer Processing Solutions. It has a global footprint of more than 13 000 employees at 205 locations in 37 countries and generated sales of CHF 2.9 billion in 2022.
For further information, please contact:
Thomas Schmidt
Head of Group Communications
Tel.: +41 58 360 96 60 thomas.schmidt@oerlikon.com www.oerlikon.com
Stephan Gick
Head of Investor Relations
Tel: +41 58 360 98 50 stephan.gick@oerlikon.com www.oerlikon.com
End of Media Release
Language:
English
Company:
OC Oerlikon
Churerstrasse 120
CH - 8808 Pfäffikon SZ
Switzerland
Phone:
+41 58 360 96 96
Fax:
+41 58 360 91 96
E-mail:
info@oerlikon.com
Internet:
www.oerlikon.com
ISIN:
CH0000816824
Valor:
863037
Listed:
Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Munich, Stuttgart, Tradegate Exchange; SIX Swiss Exchange
OC Oerlikon Corporation AG Pfaeffikonis a Switzerland-based provider of production systems, components and services for high-technology products in the fields of surface solutions and manmade fibers. The Company operates through two segments: The Surface Solutions provides products and services for surface treatment, as well as thin-film and thicker-layer coating technologies; the Manmade Fibers segment produces systems used in the manufacture of manmade fibers, such as filament yarn machines, texturizing machines, synthetic staple fiber machines, nonwovens machines and carpet yarn machines.
OC OERLIKON CORPORATION AG 
