New Joint Venture Announced for Metal 3D Printing: Fives Michelin Additive Solutions

Global tire manufacturer Michelin has teamed up with industrial engineering group Fives in order to create a new 50/50 joint venture company to be called Fives Michelin Additive Solutions. The JV, which will have 30 employees from the two parent partners, will be manufacturing metal 3D printers. With approximately $28 million in funding over the next three years, the JV will concentrate on global scale manufacturing and marketing of the industrial machines. Read more details about the JV agreement at 3DPrint.com: http://3dprint.com/94930/michelin-fives-additive/
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