05/28/2021 | Press release | Distributed by Public on 05/28/2021 02:32
AddUp, the joint venture created by Michelin and Fives in 2016 and specialized in metal 3D printing, has just developed a new generation of machines with promising features for industry. This new offering caters for Michelin's ambitions to expand its operations beyond the tire sector.
AddUp takes metal 3D printing to the next level
Sonia Artinian-Fredou, Executive Vice President, High Tech Materials - Member of the Group Executive Committee
An opportunity for Michelin to expand its business beyond tires"By 2030, the Group's profile, while remaining true to its DNA, will have changed considerably as new, high value-added businesses - whether related to tires or not - gain traction.It is this ability to constantly reinvent itself that has been Michelin's strength for over 130 years and which makes us confident about the future."In these terms, Florent Menegaux reaffirmed the Group's ambition to speed up its development in various sectors related to and beyond tires, during the presentation of the Group's new strategic plan,"Michelin in Motion", on April 8 last. Like services and solutions, sustainable flexible compounds, medical applications and hydrogen,metal 3D printingis one of the high-growth sectors that the Group has decided to enter. Over its history, Michelin has acquired outstanding expertise in the physics and chemistry of High-Tech Materials and their simulation, processing, industrialization and applications. The Group intends to leverage this recognized know-how in fields other than tires and the new AddUp offering is a further example.