June 14, 2017

SLM Solutions Group AG: Construction of new Group headquarters in Lübeck-Genin progresses to plan

 

• Completion expected at the beginning of 2018, with move-in planned for Q1 2018

• Production capacity of 500 machines per year in one-shift operation

• Potential for significant optimisation of production processes

• Possible future extension buildings directly at new site

 

 

 

 

Lübeck, 14 June 2017 – The construction of the new headquarters of SLM Solutions Group AG ("SLM Solutions"), a leading provider of metal-based additive manufacturing technology, is progressing to plan during the first months of 2017. Once the roof coverings at the new site in Lübeck-Genin are finished during the next weeks, construction of the interior will start. The new Group headquarters is expected to be finished at the beginning of 2018, with the company planning to move into the building during the first quarter of 2018.

 

 

The new location will provide space for around 500 employees. On a one-shift operation basis, SLM Solutions plans production capacity of around 500 machines per year at the new premises. The building that is currently being constructed will occupy around 17,000 m² of the total land area of 70,000 m². This will make it possible to construct extension buildings directly at the new site in the future.

 

Uwe Bögershausen, CFO of SLM Solutions Group AG, explains: "We made sure when planning our new headquarters that the ground plans exactly meet the needs of our production processes. Our aim was to keep connecting routes as short as possible, and already further improve the possibilities for coordination between departments through the new premises' design. We believe we can significantly further optimise our manufacturing process in this way and raise our productivity. We will also have more space for our research and development activities at the new site than is currently possible. With our new Group headquarters we will be very well positioned for further growth."

 


About the company:

 

Lübeck-based SLM Solutions Group AG is a leading provider of metal-based additive manufacturing technology. The company's shares are traded in the Prime Standard of the Frankfurt Stock Exchange. The stock has been listed in the TecDAX index since March 21, 2016. SLM Solutions focuses on the development, assembly and sale of machines and integrated system solutions in the field of selective laser melting. SLM Solutions currently employs over 330 members of staff in Germany, the USA, Singapore, Russia, India and China. The products are utilised worldwide by customers in particular from the aerospace, energy, healthcare and automotive industries.