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Wednesday, March 15, 2017 11:45:58 AM
Caterpillar/FIT-AG Partnership to Develop 3DP Aluminum, Titanium Parts
Three-year “strategic alliance” with additive manufacturing specialist FIT AG may develop further
•Cat provides “product-specific knowledge”
•FIT contributes AM expertise
Caterpillar in Partnership to Develop 3DP Aluminum, Titanium Parts - Mar 14, 2017
Caterpillar Inc. has an agreement in place with FIT AG to design and produce aluminum and titanium parts using additive manufacturing technologies. “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,” according to Stacey DelVecchio, Caterpillar Additive Manufacturing project manager.
Financial details of the “strategic alliance” were not revealed, but a statement by FIT indicated the agreement has “an initial three-year term and will evolve to the next step based on the success of the alliance.”
FIT AG’s subsidiary FIT Production GmbH uses multi-laser melting as well as electron-beam melting technologies to produce 3D-printed metal parts for manufacturing and other customers.
_______________________________________________________________
“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,” according to DelVecchio.
Other issues, like the proprietorship of alloys or technologies that may be developed, also were not reported.
FIT AG is a holding company with subsidiaries that offer rapid prototyping (FIT Prototyping GmbH) and additive design and manufacturing (FIT Production GmbH) services. The latter uses multi-laser melting as well as electron-beam melting technologies to produce 3D-printed metal parts.
“We are thrilled to enter into a strategic alliance with Caterpillar,” according to Carl Fruth, CEO of FIT AG. “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.”
Three-year “strategic alliance” with additive manufacturing specialist FIT AG may develop further
•Cat provides “product-specific knowledge”
•FIT contributes AM expertise
Caterpillar in Partnership to Develop 3DP Aluminum, Titanium Parts - Mar 14, 2017
Caterpillar Inc. has an agreement in place with FIT AG to design and produce aluminum and titanium parts using additive manufacturing technologies. “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,” according to Stacey DelVecchio, Caterpillar Additive Manufacturing project manager.
Financial details of the “strategic alliance” were not revealed, but a statement by FIT indicated the agreement has “an initial three-year term and will evolve to the next step based on the success of the alliance.”
FIT AG’s subsidiary FIT Production GmbH uses multi-laser melting as well as electron-beam melting technologies to produce 3D-printed metal parts for manufacturing and other customers.
_______________________________________________________________
“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,” according to DelVecchio.
Other issues, like the proprietorship of alloys or technologies that may be developed, also were not reported.
FIT AG is a holding company with subsidiaries that offer rapid prototyping (FIT Prototyping GmbH) and additive design and manufacturing (FIT Production GmbH) services. The latter uses multi-laser melting as well as electron-beam melting technologies to produce 3D-printed metal parts.
“We are thrilled to enter into a strategic alliance with Caterpillar,” according to Carl Fruth, CEO of FIT AG. “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.”
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