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ExOne reports upcoming public offering of common stock
FBR helps raise funds to increase number of production service centers
By Devika Patel
Knoxville, Tenn., Jan. 8 - ExOne Co. will price a public offering of common stock with a 30-day greenshoe option, according to a Form S-1 filed Tuesday with the Securities and Exchange Commission.
FBR is assisting.
Proceeds will be used to invest in improving the efficiency and capacity of the company's machines and expanding the number of materials from which it can make products. They will also go to increase the number and locations of the company's production service centers and for working capital and other general corporate purposes.
Proceeds may also be used to repay a revolving line of credit and for investments.
ExOne is a North Huntingdon, Pa., manufacturing services provider.
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