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Sandvik Invests $25M in New Metal 3D Printing Plant

3Ders reports on the Swedish engineering firm Sandvik.  Sandvik has just announced an investment of $25 million “to establish a new facility for manufacturing fine metal powders for additive manufacturing applications.”

This brand-new 3D printing plant will have the capability of producing both titanium and nickel-based powders, “adding to [Sandvik’s] existing metal powder offering which includes stainless steel as well as nickel-based and cobalt-chromium alloys.”  The company aims to bolster tei current standing “in the metal powder and metal 3D printing sectors.”

Sandvik Materials Technology’s Head of Product Area Powder Annika Roos elaborates: “this investment [will enable] future growth and means that we are expanding our metal powder offering to include virtually all alloy groups of relevance today.  In addition, it will also support the overall additive manufacturing business at Sandvik.”

Predictably, this new 3D printing plant will be built in Sandviken, Sweden (by 2020), producing powders bound for “the European, North American, and Asian markets.  Conveniently, the plant will be located within a short distance from an in-house titanium raw material supply and the company’s additive manufacturing center.”

Sandvik Materials Technology President Goran Bjorkman concludes: “the metal powder segment and the additive manufacturing business are of increasingly strategic importance to us.  This investment should be viewed as the latest evidence of our commitment to an area we strongly believe in.”

Image and Quotes Courtesy of 3Ders and Sandvik

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