Kings 3D Begins Construction of New 25-Acre Manufacturing Facility
The project aims to achieve an annual production of 1,000 3D printers, 5,000 tons of 3D printing materials, and customized 3D printing services.
On July 19, 2024, Kings Zhicheng held a groundbreaking ceremony for its new manufacturing facility in Pinghu, Zhejiang, China. The new factory aims to achieve an annual production of 1,000 3D printers and 5,000 tons of 3D printing materials, as well as provide customized 3D printing services.
Kings 3D is one of China's leading 3D printing companies, specializing in the production of large-format industrial-grade 3D printers, primarily photopolymer, but also polymer (SLS and FGF) and metal (SLM). The new factory is set to cost 500 million RMB. The investment covers an area of 25 acres with a total building area of approximately 34,000 square meters. Upon completion, it will be an integrated smart manufacturing platform encompassing 3D printing equipment, 3D printing materials, and 3D printing services.
This new investment in Pinghu represents the third major initiative by Kings 3D in the region, following Zhejiang Kingzhao Intelligent Equipment Manufacturing Co., Ltd., and Zhejiang Kings Zhicheng New Materials Co., Ltd. It marks an important step for the Group in expanding its presence in the East China market and implementing its national development strategy. In the future, Zhejiang Kings Zhicheng will leverage the Group's leading position in the industry to accelerate the development of an additive manufacturing industry cluster—establishing an intelligent manufacturing center based in Pinghu, extending to East China, and connecting nationwide.
With this investment, Kings 3D aims to significantly strengthen its market position and contribute to the development of 3D printing technology in China, offering advanced solutions and high-quality products.
Source: www.kings3dprinter.com