3D printing, Groupe Gorgé launches "Les Créations", its Luxury, Design, Art and Architecture division | Bourse Reflex
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3D printing, Groupe Gorgé launches "Les Créations", its Luxury, Design, Art and Architecture division

Jeudi 19 Mai 2016 à 07:00

Combining hi-tech expertise with skilled craftsmanship, Initial, Prodways Group has been delivering original parts over the last 25 years to serve its 150 clients in the luxury, design, art and architecture sectors through tailored, exclusive and unique creations.

In order to keep up with these fast-growing markets while demonstrating operational excellence, Initial today launches "Les Créations", a division specifically dedicated to creative professions with a "Made in France" label. 
 

Key expertise in additive manufacturing in France over the last 25 years

This division was created to meet the specific requirements of designers while drawing on the recognized skills and expertise of the Prodways Group in highly demanding industrial segments, such as the aeronautics, space and automotive industries, representing more than 4,000 clients over 25 years.

"Les Créations" will support clients from the development of the very first sketch through to delivery of the 3D-printed object. Applying the utmost precision, and famous for their expertise and discretion, "Les Créations" will manufacture prototypes, molds, one-of parts and also pre-series and series parts. Tailored and hand-crafted finishing techniques are also applied in the Initial workshops.


Thinking is printing – Unlimited creativity

The "Les Créations" division will draw on all the resources of the Prodways Group:

  • the shape digitization team;
  • the team of digital craftsmen who transform sketches into digital files;
  • the 2 materials R&D laboratories to offer exclusive materials to their clients;
  • the technical expertise center in the Paris region at Les Mureaux;
  • the Prodways Materials workshop which manufactures materials;
  • the 2 design, control and 3D scan studios;
  • overall facilities comprising 30 3D, multi-technology printers located in Haute-Savoie near the Swiss border;
  • the finishing and machining workshop for metal parts.


A unique positioning on the global 3D printing market

The luxury, design, art and architecture market is a priority market for Initial, which already boasts more than 150 clients, including 25 watchmakers and jewelers of the Place Vendôme, scenography, design and architecture agencies, as well as national museums. Over the years, additive manufacturing has become the source of groundbreaking applications for these sectors in terms of geometric complexity and creations that are tailor-made, high-quality and unique. 3D printing technologies are coveted by creatives for their speedy implementation, cost-effectiveness and their ability to achieve the impossible. Initial has been working for 10 years with artists who combine art and technology, and intends to strengthen its position in the arts sector.

The unique offering of "Les Créations" will enable Initial to enter into a remarkable collaboration with its clients to achieve the levels of perfection and exquisite quality required in the demanding sectors of art, luxury, architecture and design.

Initial strives to become the first global player to offer the entire suite of 3D printing activities to creative professions with "Made in France" manufacturing for prototyping and series parts production.



Contact: Initial, Prodways Group: lescreations@prodways.com

Discover the "Les Créations" division website: www.initial-lescreations.fr

View images showing the expertise of "Les Créations" teams: https://youtu.be/dSJ7XB6-peI
 


Disclaimer

This press release could contain statements on past events and forward-looking statements including statements regarding future goals or targets. Forward-looking statements reflect current expectations for results and future events.

Such forward-looking statements and targets depend on known and unknown risks, uncertainties and other factors that may cause actual results, performance or events to differ materially from those anticipated herein. All these risks and uncertainties could affect the Group's future ability to achieve its targets. Risks, uncertainties and other factors that could cause actual results to differ materially from the results anticipated in the forward-looking statements and targets include, among other things: the risks and uncertainties possibly mentioned in this press release; the strength of competition; the growth of the market; currency fluctuations; interest rate fluctuations; raw materials and freight price fluctuations; armed conflicts or political instability; control of costs and expenses; changes in tax legislation, rules, regulation or enforcement; our ability to successfully keep pace with technology changes; our ability to attract and retain qualified personnel and key-men; the evolution, interpretation and uniform application and enforcement of International Financial Reporting Standards (IFRS), according to which we prepare our financial statements; supply chain bottlenecks; the performance of our business partners (subcontractors, agents, suppliers, etc.).

Some of these risk factors are set forth and detailed in our Document de Référence (Registration Document including the annual financial report filed with the French Autorité des Marchés Financiers). This list of risks, uncertainties and other factors is not limitative. Other non-anticipated, unknown or unforeseeable factors could also have material adverse effect on our targets. The Group expressly disclaims any obligation or undertaking to update or revise any forward-looking statements or targets potentially contained in this press release to reflect any change in events, conditions, assumptions or circumstances on which any such statements are based.


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About Groupe Gorgé
Established in 1990, Group Gorgé is an industrial group operating in different areas of expertise:

Smart Safety Systems – Using technology to work in risk environments;

Protection in Nuclear Environments – Protecting people and securing buildings operating with radioactive materials;

Industrial Projects & Services Conducting Robotics and Fire protection systems projects for industry and service-sector player;

3D PrintingEnabling major industry players to find new routes to successful innovation and production processes by providing systems, 3D printers and new premium material.

In 2015, the Group reported revenue of €264.8 million. It is backed by 1,536 employees and operations in over ten countries.


More information available on www.groupe-gorge.com


Groupe Gorgé is listed on Euronext Paris and on the US OTC market in the form of ADR.

Euronext Paris:
Compartment B.
isin code: FR0000062671
Ticker code: GOE
US OTC market:
CUSIP NUMBER: 399451 103
ISIN NUMBER: US3994511034
Ticker Code: GGRGY / GGRGF



Contacts

Groupe Gorgé - Raphaël GORGÉ – ceo & Chairman - Tél. : +33 1 44 77 94 77 - E-mail : contact@groupe-gorge.com
Actus Finance – Natacha MORANDI – Analysts/Investors Relations - Tél. : +33 1 53 67 36 72 - E-mail : nmorandi@actus.fr
Actus Finance – Jean-Michel MARMILLON – Press Relations - Tél. : +33 1 53 67 36 73 - E-mail : jmmarmillon@actus.fr
Image 7 – Lauranne Guirlinger – Press relations – Tél. : +33 1 53 70 74 18 – E-mail : lguirlinger@image7.fr
 


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