Hartmann’s Rock Hill operations is investing $18 million in manufacturing equipment and hiring as many as 75 new workers.
Hartmann, which produces a range of products to treat wounds and manage incontinence, has operated a distribution center at TechPark off Dave Lyle Boulevard for about 20 years. Read More
ROCK HILL, S.C., March 30, 2011 (GLOBE NEWSWIRE) -- 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™ 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."
Forward-Looking Statements
Certain statements made in this release that are not statements of historical or current facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to be materially different from historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements that explicitly describe such risks and uncertainties, readers are urged to consider statements in the conditional or future tenses or that include terms such as "believes," "belief," "expects," "estimates," "intends," "anticipates" or "plans" to be uncertain and forward-looking. Forward-looking statements may include comments as to the company's beliefs and expectations as to future events and trends affecting its business and are necessarily subject to uncertainties, many of which are outside the control of the company. The factors described under the headings "Forward-Looking Statements," "Cautionary Statements and Risk Factors," and "Risk Factors" in the company's periodic filings with the Securities and Exchange Commission, as well as other factors, could cause actual results to differ materially from those reflected or predicted in forward-looking statements.
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.
The 3D Systems Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4537
CONTACT: Investor Contact: Stacey Witten
803-326-4010
E-mail: WittenS@3dsystems.com
Media Contact: Katharina Hayes
803-326-3941
Email: HayesK@3dsystems.com
Catawba Care Coalition has moved to its new location at 500 Lakeshore Parkway in TechPark in Rock Hill. All mail should be directed to the new address. Phone numbers will remain the same. In addition, the group is changing its name to Catawba Care.
Read more: http://www.heraldonline.com/2010/10/24/2553154/catawba-care-gets-a-new-name-new.html##ixzz1Cu0XqOri Read More
A company that manufactures parts for engines and gas turbines used in aeronautics and other industries is bringing 25 new, highly-skilled jobs to York County and hopes to add 100 more in the future.
England-based Winbro Group Technologies plans to open its operation in Waterford Business Park in Rock Hill by January 2011, according to a release from York County, Rock Hill, and the S.C. Department of Commerce.
The company uses advanced machining technologies to produce cooling holes in parts used in airplane engines and industrial gas turbines.
Investing $10.4 million in its initial setup, the company aims to carry out an additional $30 million expansion that includes building a new facility over the next five years, company and county leaders said.
That expansion will create 100 new jobs, said Robb Hudson, the company's vice president in North America.
"We have great hopes and intentions of expanding," Hudson said.
The county has offered to lower the company's tax burden for investing in York County and creating jobs.
"Opening the new facility in York County is an important step for our company's future growth plans," said Mike Arbon, CEO of Winbro Group Technologies.
South Carolina offers the company an "excellent business environment" and a "skilled workforce," Arbon said.
A "big decision maker" for the company settling on York County was its ability to partner with York Technical College, Hudson said.
The company plans to work with the college to develop a training program and curriculum that will produce skilled engineers and machine operators. The program will also help draw other manufacturers to the area, he said.
York Tech is leasing the company space in its Waterford Training Center, said Greg Rutherford, president of York Technical College.
"We have the talent, the programming and the space to get them started so they can grow here," Rutherford said.
Rock Hill will likely attract more aviation-related businesses with Boeing's plant in Charleston and other aviation manufacturers nearby, said Mark Farris, the county's economic development director.
"Winbro is a benchmark for us," Farris said. "It signals an entrance for us into this type of manufacturing that is critically important to our future," he said.
Farris was a member of the state delegation that attended the Farnborough Air Show in England this summer where he met with Winbro representatives.
York County Council Chairman Buddy Motz said, "exceptional international manufacturing companies like Winbro and the jobs and investment they bring hold the key to a resurgent and more stable economy for our area."
Winbro Group Technologies plans to hold an event next week, celebrating the company's investment in York County, but the details have not been finalized. The company is currently hiring engineers.
Read more: http://www.heraldonline.com/2010/10/20/2543858/british-company-to-bring-25-jobs.html##ixzz1BcC1AfQo Read More
