Formlabs
Photo: Formlabs
3D printer manufacturer Formlabs is to open its first development centre outside the US in Hungary. The Boston-based company will invest 2-billion forints (€6.14-million) in the facility.
Hungary's Minister of Foreign Affairs and Trade, Péter Szijjártó said: “Within the 3D printer industry, it is the development of the software that serves as the basis for a printer to function at the highest level, and it is in this segment that Hungary and those Hungarians who have undertaken a role in the development of 3D printers in recent years have now received a great honour.”
3D printer manufacturing is part of Hungary's booming information technology and production sector, which provides jobs for 132,000 people in the country, up 19% since a year ago.
Mr Szijjártó added that Tesla, Boeing, Song, Apple and Gillette all utilise equipment or applications produced by Formlabs, giving the company's work will be noticeable in a variety of widely used products in the coming years.
“The significance of the company’s investment in Hungary points to the future with relation to the fact that it will be training young Hungarians for the next global economic era since the close cooperation established with the Budapest University of Technology and Economics (BME) is affording engineering students the opportunity to try themselves out in this high-added-value sector of industry,” he added.
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