GE’s new GE Additive business plans to collaborate with GE Capital to sell and finance metal additive machines, making it potentially easier for manufacturers to access the company’s 3D printing technology.

GE Capital will develop a range of customized ‘financial solutions’ for end users worldwide, the company says.

‘Our dual expertise both in manufacturing and in equipment finance, allows us to create competitive financial solutions that support our customers’ strategic business goals,’ said Trevor Schauenberg, president and CEO of GE Capital Industrial Finance.

GE has already invested approximately US$1.5 billion in additive technologies, in addition to building a global network of additive centers focused on advancing the science.

‘Additive manufacturing is the new revolution, changing the way we design and manufacture products faster, more sophisticated and more cost efficient,’ added Mohammad Ehteshami, vice president for additive integration at GE Additive. ‘By partnering with GE Capital, we’re now able to democratize additive manufacturing, making it easier for businesses to buy additive machines, fostering their competitiveness and accelerating the adoption rate. We’re excited to be part of the additive revolution.’

This story is reprinted from material from GE Additive, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.