Concept Laser is marking its 15-year anniversary with a sales rise by 75% for its industrial additive manufacturing solutions.
Experts predict that the additive manufacturing methods will see a growth of up to 400% within the next five years. Concept Laser is focusing on organic growth with nearly 10% of sales revenue being fed directly back into research and development leading to the company being voted one of Bavaria’s Best 50 firms by the Bavarian Ministry of Economic Affairs for its entrepreneurial ethos.
In 2014, the Lichtenfels-based manufacturer received 110 new machine orders versus 84 in 2013. With sales growth in recent years averaging 40-50% annually, sales in 2014 were up 75% from the previous year, driven primarily by large-system sales in the 1000W laser class resulting in the most successful year in the company’s history.
“In our competitive environment, we not only kept pace with the rapid growth in the market, we even exceeded it,” Concept Laser President and CEO Frank Herzog, explained. “This was the result of our R&D efforts and continuous product expansion. Today, 160 employees in the group are involved in the LaserCUSING process. At Concept Laser alone, 40 of our 103 staff members work in research and development.”
Last year the company’s headquarters in Lichtenfels were expanded to meet increasing demand, including a brand-new 3,500 m2 production hall and 600 m2 state-of-the-art process development and material research centre. In response to the enormous demand from the aerospace industry in the US, Concept Laser founded new headquarters in Dallas, Texas.
Throughout its history, the company, known for its innovative LaserCUSING process, has been a pioneer and technology groundbreaker with numerous patents and innovative products and has announced midterm plans to continuously expand its capacity and develop ambitious new products. The R&D department has been working hard on various projects for LaserCUSING with a focus on increased productivity and effective 3D process monitoring, material qualification and automation.
Frank added: “I believe we are optimally positioned at all levels to be just as successful and innovative in the future as in the past.”
Concept Laser will exhibit at the upcoming formnext powered by TCT additive manufacturing event at the Frankfurt Exhibition Centre on November 24-27 2015.