Hittech and 3T Additive Manufacturing create joint venture to target semiconductor and more
November 10, 2023
Hittech Group, based in Den Haag, the Netherlands, and 3T Additive Manufacturing, Newbury, Berkshire, UK, have announced their intention to create a joint venture, either in Germany or the Netherlands, to combine market expertise and manufacturing knowledge. Through the joint venture, the companies will look to expand their existing product portfolio within the semiconductor market and others, creating an eco-system for the industrialisation of final products for customers, from idea generation to the advanced and smart production.
“Already in a very early stage, we indicated that Additive Manufacturing is going to play a crucial role in our industrial landscape,” said Marco Verloop, COO from Hittech Group. “We then had a choice to either buy some machines and start learning on our own, or we could partner up with the best companies out there. At Hittech, we choose the latter.”
For Hittech Group, the partnership with 3T was a logical step to take. Verloop explained, “Together, we successfully introduced Additive Manufacturing to one of our biggest customers.”
Dan Johns, CEO of 3T Additive Manufacturing, added, “For 3T, the partnership makes a lot of sense. In Hittech we recognised the same values, openness and professionalism that 3T stands for, and they have a strong position in the semicon market, it means together we can create a higher value and unique service offering to the customers.
“At the core of our business is a strong vision for setting the sustainable manufacturing standard, and a committed belief that net-zero is achievable if we leverage the entire value chain,” he continued. “We can’t do this alone, and it’s why we want to deepen our partnership with Hittech. Together we can offer a route to component decarbonisation by combining our expertise”
In establishing a joint venture, the companies believe that it will solidify their combined proposition and benefit the companies and their customers, as they will have access to a broader range of expert knowledge whilst working within the company’s sustainability targets.
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