Caterpillar forms alliance for 3D-printed parts
Caterpillar has entered into a strategic alliance with Fit Additive Manufacturing Group focused on additive manufacturing of aluminum and titanium parts.
The relationship is intended to complement the ongoing work in Caterpillar’s Additive Manufacturing Factory. Caterpillar additive manufacturing project manager Stacey DelVecchio said: “Caterpillar has a long history of creating innovative products designed to fit the needs of our customers and entering into a strategic alliance with a leader in additive manufacturing will help further that tradition. Not only will Caterpillar now have access to Fit AG’s cutting-edge technologies in additive manufacturing but this alliance will also help accelerate our adoption of 3D printing.”
Fit AG CEO Carl Fruth said: “We are thrilled to enter into a strategic alliance with Caterpillar. Caterpillar is a world leader in many markets, which will benefit greatly from additive manufacturing. However, this requires innovative technologies and new thinking combined with experience and deep know-how. Our companies complement each other with their respective strengths.”
The strategic alliance between Fit AG and Caterpillar will have an initial three-year term.
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This article was published on 15 Mar 2017 (last updated on 15 Mar 2017).