In the following video, 3-D printing specialist Steve Heller asks Jared Helfrich, global director at ExOne (NASDAQ:XONE), to provide an overview of the company's long-term strategy and vision. Potential investors considering ExOne for their portfolios should be aware that ExOne is an emerging growth company, and that there are greater risks associated with investing in emerging growth companies. Investors should take a long-term view when approaching ExOne's stock and only allocate a small percentage of their total portfolio toward buying shares.
A full transcript follows the video.
Steve Heller: Hey Fools, Steve Heller here. I'm joined today with Jared Helfrich of ExOne. He's a global director. Thank you for being here Jared we really appreciate your time.
Jared Helfrich: Thank you.
Heller: We're big fans of your company, we wanted to learn more about it. If you could tell us about the strategy, grand vision of ExOne, five years from now you guys are obviously an emerging growth company today, where do you see yourselves, what is your goal in the 3-D printing market space?
Helfrich: Yeah, our [ExOne's] goal is basically, as you know, we have the binder jetting technology. We have two lines of business, we have a direct and indirect so for the indirect side we're basically looking to go more downstream for the casting business so it's more of the sand mold, sand cores and also came out with machines that you would see in short-term series production; so basically faster paced machines that you see in short-run series production.
For direct printing it's all about getting out new materials. Seeing our [ExOne's] materials get more into the hands of people, greater install base and growing that business with materials that are coming out and growing the install base for direct printing.
Heller: Very good, so in terms of your [ExOne's] sand casting, so a company like Ford, for example, they can 3-D print an actual functioning engine without using any tooling required they just 3-D print a sand mold and they pour their aluminum in there and they make a functioning engine?
Helfrich: Correct. It's basically as it is right now is adding less cores is how we basically say it.
Helfrich: So you print in our [ExOne's] S-Max or in our S-Print, it's about a 24-hour build box run and it's a patternless core, so it's a rapid prototype.
Heller: So there are huge cost advantages associated with that because there's no more tooling, there's no more sending it off waiting for the tool to be created so you guys probably increased lead time significantly?
Helfrich: There's lead time advantages and there's also, in short run production runs, there's definitely cost savings as well.
Steve Heller owns shares of ExOne and Apple. The Motley Fool recommends ExOne, Apple, and Ford. The Motley Fool owns shares of ExOne and Ford. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.