{"id":68819,"date":"2019-07-29T13:33:15","date_gmt":"2019-07-29T05:33:15","guid":{"rendered":"http:\/\/facfox.com\/news\/aerospace\/groupe-gorge-announces-development-of-new-proprietary-metal-3d-printing-tech-and-financial-results.3dm"},"modified":"2019-07-29T13:33:15","modified_gmt":"2019-07-29T05:33:15","slug":"groupe-gorge-announces-development-of-new-proprietary-metal-3d-printing-tech-and-financial-results","status":"publish","type":"post","link":"https:\/\/facfox.com\/news\/groupe-gorge-announces-development-of-new-proprietary-metal-3d-printing-tech-and-financial-results\/","title":{"rendered":"Groupe Gorge announces development of new proprietary metal 3D printing tech and financial results"},"content":{"rendered":"<div id=\"dpsp-content-top\" class=\"dpsp-content-wrapper dpsp-shape-rectangular dpsp-size-medium dpsp-has-spacing dpsp-has-buttons-count dpsp-show-on-mobile dpsp-button-style-1\">\n<div class=\"dpsp-total-share-wrapper\"><span class=\"dpsp-total-share-count\">163<\/span><span>shares<\/span><\/div>\n<ul class=\"dpsp-networks-btns-wrapper dpsp-networks-btns-content dpsp-networks-btns-share dpsp-column-auto\">\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><span class=\"dpsp-network-count\">122<\/span><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><span class=\"dpsp-network-count\">37<\/span><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><span class=\"dpsp-network-count\">4<\/span><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><\/span><\/li>\n<\/ul>\n<\/div>\n<p><span style=\"font-weight: 400;\">Groupe Gorge<\/span><span style=\"font-weight: 400;\">, the parent company of 3D printer manufacturer Prodways, has reported financial results for 2016. Today\u2019s report also announces plans to bring new additive manufacturing metal technology to market.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">During <\/span><span style=\"font-weight: 400;\">last year&#8217;s Rapid event<\/span> <span style=\"font-weight: 400;\">Prodways launched their sub <\/span><span style=\"font-weight: 400;\">\u20ac100,000 <\/span><span style=\"font-weight: 400;\">laser sintering 3D printer, the ProMaker P1000. The launch was accompanied by news of strategic partnership with <\/span><span style=\"font-weight: 400;\">chemical company, BASF<\/span><span style=\"font-weight: 400;\">. The deal sees the PA6 powder for SLS and developed by BASF, LSS, Hunan Farsoon Tech Ltd and Varia 3D integrated with other materials offered by Prodways. PA6 has particular application for the additive manufacture of functional components. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Groupe Gorg\u00e9 segment revenue across Smart Safety Systems, Protection of High-Risk Installations and . Consolidated revenue across the group has increased by <\/span><span style=\"font-weight: 400;\">\u20ac15.82 million year on year. Of the three divisions,  contributes a fraction of the two larger and more well-established businesses, however it is fastest growing with a 42% increase during 2016 reported.<\/span><\/p>\n<figure id=\"attachment_106531\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-large wp-image-106531\" src=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/02\/Prodways-ProMaker-L5000.-Photo-by-Michael-Petch.-1024x768.jpg\" alt=\"Prodways ProMaker L5000. Photo by Michael Petch.\" width=\"1024\" height=\"768\" srcset=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/02\/Prodways-ProMaker-L5000.-Photo-by-Michael-Petch.-1024x768.jpg 1024w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/02\/Prodways-ProMaker-L5000.-Photo-by-Michael-Petch.-770x578.jpg 770w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/02\/Prodways-ProMaker-L5000.-Photo-by-Michael-Petch.-200x150.jpg 200w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/02\/Prodways-ProMaker-L5000.-Photo-by-Michael-Petch.-500x375.jpg 500w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/02\/Prodways-ProMaker-L5000.-Photo-by-Michael-Petch..jpg 1120w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-caption-text\">Prodways ProMaker L5000. Photo by Michael Petch.<\/figcaption><\/figure>\n<p><b>Strategic focus for 2017<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Total revenue from 3D printing was \u20ac25.2 million for 2016 and consolidated revenue across the group \u20ac281.2. Groupe <\/span><span style=\"font-weight: 400;\">Gorg\u00e9<\/span><span style=\"font-weight: 400;\"> are satisfied with these numbers and say, \u201c<\/span><i><span style=\"font-weight: 400;\">consolidated revenue exceeded the announced objective at \u20ac281.2 M, up by 6.3%<\/span><\/i><span style=\"font-weight: 400;\">.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Commenting on the 3D printing business unit a company spokesperson said, <\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400;\">The 3D printing division performed well in the last quarter, with growth of 54.3% at \u20ac7.5 million, to end the year with growth of 41.6% (\u20ac25.2 million compared to \u20ac17.8 million in 2015). The Systems business (printers and materials) generated \u20ac13.1 million in revenue, up by 22.2% and the Products activity (parts sales) \u20ac12.1 million, up by 68.9% (in 2015, the Initial subsidiary was consolidated only over 9 months). <\/span><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400;\">As with other OEM\u2019s in 2016 strategy turned towards identification and deepening the application and end use of 3D printing. For Groupe <\/span><span style=\"font-weight: 400;\">Gorg\u00e9<\/span><span style=\"font-weight: 400;\"> this involved increasing the range of 3D printers, <\/span><i><span style=\"font-weight: 400;\">\u201cto address and better serve specific markets.<\/span><\/i><span style=\"font-weight: 400;\">\u201d The company explain that strategic focus on healthcare remains core as, \u201c<\/span><i><span style=\"font-weight: 400;\">The division continues to develop applications in the medical sector, particularly in the manufacture of 3D printed parts for this sector and more specifically for dental and chiropody applications<\/span><\/i><span style=\"font-weight: 400;\">.\u201d<\/span><\/p>\n<figure id=\"attachment_106526\" style=\"width: 621px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"size-full wp-image-106526\" src=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/02\/Groupe-Gorge-FY-2016-financial-results-summary..jpg\" alt=\"Groupe Gorge FY 2016 financial results summary.\" width=\"621\" height=\"579\" srcset=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/02\/Groupe-Gorge-FY-2016-financial-results-summary..jpg 621w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/02\/Groupe-Gorge-FY-2016-financial-results-summary.-80x75.jpg 80w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/02\/Groupe-Gorge-FY-2016-financial-results-summary.-200x186.jpg 200w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/02\/Groupe-Gorge-FY-2016-financial-results-summary.-500x466.jpg 500w\" sizes=\"(max-width: 621px) 100vw, 621px\" \/><figcaption class=\"wp-caption-text\">Groupe Gorge FY 2016 financial results summary.<\/figcaption><\/figure>\n<p><b>New metal 3D printing technology for 2017<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Looking forward to the coming year the company have some interesting news coming up. In addition to increasing market penetration for the <\/span><span style=\"font-weight: 400;\">ProMaker P1000<\/span><span style=\"font-weight: 400;\"> they have also announced,  \u201c<\/span><i><span style=\"font-weight: 400;\">New proprietary technologies for metal 3D printing machines<\/span><\/i><span style=\"font-weight: 400;\">\u201d are in development. <\/span><br \/>\n<span style=\"font-weight: 400;\">To stay up to date with all the latest 3D printing industry news, <\/span><span style=\"font-weight: 400;\">sign up to our newsletter<\/span><span style=\"font-weight: 400;\"> and <\/span><span style=\"font-weight: 400;\">follow us on social media<\/span><span style=\"font-weight: 400;\">. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>163shares 122 37 4 Groupe Gorge, the parent company of 3D printer manufacturer Prodways, has reported financial results for 2016. Today\u2019s report also announces plans to bring new additive manufacturing metal technology to market. During last year&#8217;s Rapid event Prodways launched their sub \u20ac100,000 laser sintering 3D printer, the ProMaker P1000. The launch was accompanied [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":182716,"comment_status":"open","ping_status":"close","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"fifu_image_url":"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/02\/Prodways-ProMaker-L5000.-Photo-by-Michael-Petch.-1024x768.jpg","fifu_image_alt":"","footnotes":""},"categories":[53],"tags":[169,170,173],"class_list":["post-68819","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aerospace","tag-3dprint","tag-3dprinting","tag-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Groupe Gorge announces development of new proprietary metal 3D printing tech and financial results - FacFox News<\/title>\n<meta name=\"description\" content=\"163shares122374Groupe Gorge, the parent company of 3D printer manufacturer Prodways, has reported financial results for 2016. 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