This upcoming company has been building thier reputation quickly and it’s now all paying off as 3D Systems makes a Fortune 500 top list.
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.
Fortune Magazine wrote that ’3D Systems 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. Revenue — generated by the sale of printers and related print materials and services– increased 44%. Almost half of those sales come from outside the U.S., and profits grew to $35 million, even as the company increased spending in global research and development,’ concluded Fortune.
“We are honored to have made this prestigious list along with some of the largest and most celebrated companies in the world. It has been a true team effort by 3D Systems employees, partners and supporters to deliver the results that earned this esteemed recognition,” said Abe Reichental, President and CEO of 3D Systems.
Read more about 3D Systems on Fortune Magazine’s Fastest Growing Companies.
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.
Source: Press Release
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