Sandvik Invests $25M in Metal 3D Printer Powders

Over the last year we saw a tremendous amount of activity in the metal 3D printing market, and 2018 is proving to be no exception. Sandvik, an engineering and tools group based in Sweden, have announced plans for the industry. These include a $25M specialist facility for metal powders used in metal additive manufacturing.

According to them, the facility will focus on metal powders from commonly used 3D printing materials such as nickel and titanium. Sandvik’s President of Materials stated “the metal powder segment and the additive manufacturing business are of increasingly strategic importance to us.”

Sandvik are developing metal powders for 3D printing for industries such as healthcare and space.

Who are Sandvik?

Sandvik are a very big name in the engineering and tools industries. Having been around since 1862, the company has history and employs over 47,000 people. They also provide a number of metal powders for metal injection molding manufacturing.