3D print medical device manufacturer

Jabil’s plan for $42M medical 3D printing with 24 percent core EPS growth

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According to St. Petersburg-based Jabil (NYSE: JBL),” is set to make a $42 million investment in Albuquerque, New Mexico for technology and equipment as it makes the Duke City its “center of excellence” for 3D printing, officials announced on Aug. 15. The company said it plans to hire 120 employees in the next five years.”
According to New Mexico Gov. Michelle Lujan Grisham said in a statement “We have all the talent in the world right here in New Mexico, and when we build the infrastructure for a 21st-century economy, we will see more young adults stay here and more homegrown talent return here.”
According to CEO Mark Mondello, “I’m extremely pleased with our third-quarter performance, highlighted by solid operational excellence and strong financial results. The team delivered 20 basis points of core margin expansion on double-digit revenue growth, culminating in an impressive 24 percent core EPS growth, year-over-year. Our strong year-to-date results validate that our diversification strategy has firmly taken hold.”

Delivering insoles in 1/2 the time, at a fraction of the cost.

https://www.jabil.com/capabilities/3d-printing.html

https://www.jabil.com/

https://www.jabil.com/capabilities/medical-device-mechatronics.html

https://www.jabil.com/news/jabil-unveils-plans-for–42m-medical-3d-printing-center-of-excel.html

Jabil unveils plans for $42M medical 3D printing center of excellence

https://www.owler.com/reports/jabil/jabil–florida-manufacturing-giant-announces-plans/1565907397761

https://www.bizjournals.com/orlando/news/2019/08/16/florida-manufacturing-giant-announces-plans-to.html?

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Spectroplast silicone 3D printing got €1.4m investment from AM Ventures

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Spectroplast AG has developed a high-precision 3D printing technology for pure silicone, enabling the production of complex soft medical implants. Spectroplast’s Silicones are compatible with the latest SLA and DLP Technology, innovation lies in providing a cutting-edge material technology that makes industry-standard Silicones accessible to Additive Manufacturing.

According to Johann Oberhofern and Manuel Schaffner, Chief Technology Officer at Spectroplast, TCT Magazine, AM Ventures,” introduction of silicones to the world of additive manufacturing is well-timed with the rapidly growing demand for customized silicone products that we not only observe in the healthcare sector but also in many other markets.
As an industry, we are just starting to understand how powerful 3D printing of functional products will become when it is combined with the massive potential offered by industrial-scale production. Having the financial support and domain expertise of AMV will help us execute our mission even more rapidly and broadly.”

https://www.tctmagazine.com/3d-printing-news/spectroplast-silicone-3d-printing-service-investment-am-ventures/

https://spectroplast.com/

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Materialise reports the Second quarter and now, 2019 results

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Materialise incorporates nearly 30 years of 3D printing experience into a range of software solutions and 3D printing services, which form the backbone of the 3D printing industry.
According to Materialise,” Let’s discuss ways how we can empower people to design, collaborate, build, and fabricate in more sustainable ways, while reducing waste, saving money, and staying competitive. At the end of the second quarter of 2019, the total commitment of lease assets and liabilities amounted to 5,050 kEUR. Our Adjusted EBITDA for the second quarter of 2019 was affected positively by the new standard as a result of the rental payments decrease of 644 kEUR; however, our operating profit was impacted by only 52 kEUR as depreciation expenses increased by 593 kEUR.
Materialise, Will acquire a mix of existing and new shares bringing its total shareholding to 75%, with the founding shareholders retaining the remaining 25%. All shares will be fully paid for in cash at the closing, which is expected to take place during the week of August 5, 2019.”

According to Materialise reports the Second quarter and now, 2019 Results, Executive Chairman Peter Leys commented, “In spite of a macro-economic environment that continues to be challenging, Materialise reported another quarter of top-line growth. This was mainly driven by Materialise Medical, which continued to perform strongly with solid revenue growth and EBITDA performance, and also by Materialise Manufacturing, which realized a double-digit EBITDA margin and grew its revenues for the third consecutive quarter.

This quarter, the contribution by Materialise Software to our revenue growth and Adjusted EBITDA margin was below our expectations as a number of sales were pushed out to the second half of the year. Our outlook for 2019 remains within our previous guidance range, with our results now including expected contributions from our August acquisition of a 75% stake in Engimplan.

This investment, which will enable us to introduce the benefits of Materialise’s patient-specific 3D printing implants and expertise to the fast-growing Brazil market, is part of our strategy to accelerate our growing presence in the additive manufacturing ecosystem through carefully selected acquisitions and partnerships.”

https://www.materialise.com/en

https://www.materialise.com/en/press-releases/materialise-reports-second-quarter-2019-results

Johnston Uses 3D Printing to Meet Needs of Alzheimer’s Center Residents

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The chancellor of UAFS College of Applied Science and Technology’s 3D printing lab Dr. Terisa Riley and Methodist Village CEO Melissa Curry,” develop an initial set of 3D-printed nuts and bolts to aid residents’ cognitive stimulation.
The faculty at UAFS are deeply skilled, both as educators and as experts in their fields. It’s exciting to see our mission as a comprehensive regional institution fulfilled in their commitment to serving the citizens of the River Valley through innovative partnerships like these. When planning for our Alzheimer’s Special Care Community, we knew it was important to have the right sensory stimulation. They also mention We ordered life-like robotic cats and dogs for allergen-free pet therapy and installed interactive art throughout the halls.”

https://uafs.edu.

https://news.uafs.edu/news/5146

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Materialise’s additive manufacturing webinar(3D Printing upcoming Events, Conferences)

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3D Printing upcoming Events, Conferences

https://wp.me/p64ptu-2tD

According to Materialise, “you will discover how Streamics, as an AM production management and control system, enables service providers and bureaus as well as end-part manufacturers to get the most out of the potential that 3D printing has to offer.”

7 AUG 2019

ONLINE, BELGIUM

https://www.materialise.com/en/events/software/how-efficiently-manage-am-activities-with-streamics

https://www.materialise.com