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GE Invests €115 Million in Bavaria

April 24, 2017

General Electric (GE) announced an expansion of its additive manufacturing capabilities in Bavaria. The US multinational has announced its plan to invest a total of €115M in this expansion.

Focus: Expanding 3D Metal Printing & Additive Manufacturing 

€100M will be put towards expanding GE’s 3D metal printing facilities for concept lasers in Lichtenfels, thereby doubling their existing capacity. The remaining €15M will be invested in Garching (near Munich) for the new Customer Experience Center for Additive Manufacturing at the GE Global Research Europe. Altogether, GE will create 750 new, high-skilled jobs in the region.

Bavaria takes lead in Industrial IoT Innovation 

This news reinforces the Bavarian government’s strategy of fostering innovative technologies and was welcomed by Ilse Aigner, the Bavarian Minister of Economic Affairs, Media, Energy and Technology: “Techniques such as 3D printing are one of the major drivers of innovation in the age of digitization. Bavaria is a globally leading location for [the Industrial Internet of Things]. GE’s engagement will enable us to further our lead.” Aigner herself comes from a technical background as a state certified engineer.

Find out more about the latest developments in Bavaria’s Industrial IoT (IIoT) sector in this overview.

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