3D Systems Announces Plans to Expand Its Rock Hill Operations |
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3D Systems Corporation
333 Three D Systems Circle
Rock Hill, SC, 29730
USA
Press release date: March 30, 2011
Company Plans to Manufacture Additional 3D Printer Models and Materials in Rock Hill
ROCK HILL, S.C., March 30, 2011 - 3D Systems Corporation (Nasdaq:TDSC) announced plans to expand its in-house manufacturing activities to include additional personal and professional 3D printer models. In connection with its expansion plans the company also exercised an option to purchase an 11-acre parcel contiguous to its Rock Hill facility. Bolstered by its successful transition and subsequent expansion of its in-house manufacturing activities for its popular ProJet(TM) 3000 professional 3D printer and Accura® print materials, the company is planning to manufacture additional 3D printer models in-house and to also expand its print materials blending facility. The company expects to carry out its next expansion phase within its current 80,000 square feet facility and has no immediate plans to develop its recently acquired parcel.
"We are pleased with our ability to continue to expand our in-house operations in support of our long term target operating model," said Damon Gregoire, Senior Vice President and Chief Financial Officer for 3D Systems. "This initiative is consistent with our previously disclosed gross profit margin improvement program and closely mirrors our strategic growth plans."
About 3D Systems Corporation
3D Systems is a leading provider of 3D content-to-print solutions including 3D printers, print materials and custom part services. Its expertly integrated rapid prototyping and manufacturing solutions reduce the time and cost of designing new products and printing real parts directly from digital input. These solutions are used to design, communicate, prototype and produce functional end-use parts; customers create with confidence.
More information on the company is available at www.3DSystems.com, www.printin3D.com, www.quickparts.com, www.3Dproparts.com, www.bitsfrombytes.com, www.dpt-fast.com, www.toptobottomdental.com, blog.3Dsystems.com, or via email at moreinfo@3dsystems.com.
CONTACT: Investor Contact: Stacey Witten
803-326-4010
E-mail: WittenS@3dsystems.com
Media Contact: Katharina Hayes
803-326-3941
Email: HayesK@3dsystems.com
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