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Stock impact report

TEI and voxeljet Sign Volume Contract for 3D Printed Sand

voxeljet AG - American Depositary Shares (VJET) 
Last voxeljet ag - american depositary shares earnings: 11/14 04:10 pm Check Earnings Report
US:NYSE Investor Relations: investor.voxeljet.com
Company Research Source: Business Wire
FRIEDBERG, Germany--(BUSINESS WIRE)-- voxeljet AG (NYSE:VJET) (the “Company” or “voxeljet”), a leading provider of high-speed, large-format 3D printers and on-demand parts services to industrial and commercial customers, today announced that Tooling and Equipment International in Livonia, MI (TEI) has signed a 3-year Volume Contract with voxeljet America Inc. in Canton, MI for 3D printed sand molds and cores. In the contract, TEI has committed to purchase more than 500,000 liters of 3D printed sand from voxeljet over an expected three-year period. In connection with the contract, voxeljet will install additional printing capacity in TEI’s Livonia facility as well as using its existing machines in their Canton, MI facility. TEI is the largest user of 3D printed sand in the USA and has a comprehensive low-pressure aluminum casting facility together with heat treatment and a state-of-the-art machine Show less Read more
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