February 7, 2017 / 5:54 AM / 6 months ago

BRIEF-OC Oerlikon invests CHF 55 mln in new facility in USA

Feb 7 (Reuters) - OC Oerlikon Corporation AG Pfaeffikon :

* Expanding its global additive manufacturing (AM) business with a state-of--art R&D and production facility for additively manufactured advanced components in Charlotte metro area in North Carolina, USA

* Will invest around 55 million Swiss francs ($55.36 million) in this facility in 2017 and 2018, and expects to create over 100 new jobs at this site over longer term

* Expects demand for additively manufactured metal components to increase rapidly in coming years, making it one of key growth areas in next-generation manufacturing technologies

* Charlotte site will be fully operational in 2018. Oerlikon will already begin its AM business activities in Charlotte from beginning of 2017 at an interim facility Source text for Eikon: Further company coverage: ($1 = 0.9935 Swiss francs) (Gdynia Newsroom)

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