{"id":11565,"date":"2019-06-07T11:25:26","date_gmt":"2019-06-07T11:25:26","guid":{"rendered":"https:\/\/staging.asminternational.org\/hts-new\/oerlikon-invests-55-million-in-new-r-d-and-production-facility-in-north-carolina\/"},"modified":"2023-02-23T22:47:08","modified_gmt":"2023-02-23T22:47:08","slug":"oerlikon-invests-55-million-in-new-r-d-and-production-facility-in-north-carolina","status":"publish","type":"post","link":"https:\/\/www.asminternational.org\/hts\/oerlikon-invests-55-million-in-new-r-d-and-production-facility-in-north-carolina\/","title":{"rendered":"Oerlikon invests $55 million in new R&amp;D and AM production facility in North Carolina"},"content":{"rendered":"<p style=\"margin-bottom:.0001pt\"><span style=\"line-height:normal\"><span style=\"font-size:12.0pt\">Oerlikon, Switzerland, has opened a $55 million Innovation Hub &amp; Advanced Component Production facility in Huntersville, North Carolina, as part of its ongoing U.S. growth strategy. The facility will serve as a cornerstone of Oerlikon\u2019s additive manufacturing business in the United States.<\/span><\/span><\/p>\n<p style=\"margin-bottom:.0001pt\">&nbsp;<\/p>\n<p style=\"margin-bottom:.0001pt\"><span style=\"line-height:normal\"><span style=\"font-size:12.0pt\">The 125,000-square-foot facility currently employs about 60 people and is fully functional. Additive manufacturing requires high-tech tools, rapid prototyping, and metal and plastics 3-D printing to help customers create new components and transform production processes. With the help of Oerlikon additive manufacturing experts and these new technologies, companies can produce more complex and better performing components that are lighter and last longer, while also simplifying logistics and reducing their environmental impact.<\/span><\/span><\/p>\n<p style=\"margin-bottom:.0001pt\">&nbsp;<\/p>\n<p style=\"margin-bottom:.0001pt\"><span style=\"line-height:normal\"><span style=\"font-size:12.0pt\">This investment is part of the $400 million the company has invested in the United States in the past five years. Oerlikon expects to invest another $200 million in the next three years, adding some 400 new jobs. The Huntersville facility will continue to add jobs gradually and is poised for expansion as the business grows.<\/span><\/span><\/p>\n<p style=\"margin-bottom:.0001pt\">&nbsp;<\/p>\n<p style=\"margin-bottom:.0001pt\"><span style=\"line-height:normal\"><span style=\"font-size:12.0pt\">\u201cThis facility marks an important step in our investment strategy for growth,\u201d says Prof. Dr. Michael S\u00fcss, Chairman of the Board of Directors, Oerlikon Group. \u201cAdditive manufacturing will play a decisive role in how industries and industrial processes will look in the future. We are committed to investing in this business and leading the industrialization of this technology.\u201d<\/span><\/span><\/p>\n<p style=\"margin-bottom:.0001pt\">&nbsp;<\/p>\n<p style=\"margin-bottom:.0001pt\"><span style=\"line-height:normal\"><span style=\"font-size:12.0pt\"><span style=\"color:#4472c4\"><a href=\"http:\/\/www.oerlikon.com\"><span style=\"color:#4472c4\">www.oerlikon.com<\/span><\/a><\/span><\/span> &nbsp;<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oerlikon, Switzerland, has opened a $55 million Innovation Hub &amp; Advanced Component Production facility in Huntersville, North Carolina, as part of its ongoing U.S. growth strategy.<\/p>\n","protected":false},"author":63103,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[440,441,1],"tags":[],"class_list":["post-11565","post","type-post","status-publish","format-standard","hentry","category-news","category-news-articles","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - 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