Michelin aims to be a “major metal 3D printing player” with Fives JV

An agreement signed on 4 September marks Michelin’s initial step towards becoming a well-known name in the metal 3D printing sector. The Michelin Group and the Fives Group are joining forces to create Fives Michelin Additive Solutions, a 50/50 joint venture partnership that aims to become a “major metal 3D printing player.” Fives Michelin Additive Solutions will be located near Michelin’s headquarters in Clermont Ferrand, France and initially employ around 20 people from both partners. At least €25 million will be invested into this new joint venture over the first three years.