3D Systems Corporation (NYSE:DDD) announced today that the company has made Fortune Magazine’s 2012 list of the fastest-growing companies ranking number 5 in tech, in the top 6 in profit growth and number 12 overall out of 100 companies listed. Fortune points out that even in stagnant times certain companies thrive, and the annual list of high achievers shines the spotlight on the most vibrant part of corporate America and beyond.
According to Forbes: “The (3D printing) technology has mainly been used as a cost-effective way to create models and design prototypes. Increasingly, however, 3D printing is moving onto the factory floor with major manufacturers from auto parts makers to energy companies hoping they will soon be able to create a vast array of parts, equipment and machinery on demand, where and when they need them. 3D Systems says it has seen increased demand for its printers across several industries, as the technology ‘promises to revolutionize manufacturing.’ Last year the company recorded a 242% increase in the number of units sold”.
It’s been a great year for 3D Systems and 3D printing peer Stratasys (Nasdaq SSYS). Both companies have more than doubled since the start of 2012, leading investors to some of the market’s best gains.
About 3D Systems Corporation
3D Systems is a leading provider of 3D content-to-print solutions including 3D printers, print materials and on-demand custom parts services for professionals and consumers alike. The company also provides creative content development, design productivity tools and curation services and downloads. Its expertly integrated solutions replace, displace and complement traditional methods and reduce the time and cost of designing new products by printing real parts directly from digital input. These solutions are used to rapidly design, communicate, prototype and produce functional parts, empowering its customers to create with confidence.
More information on the company is available at www.3DSystems.com.