3/31/2017

FIT Additive Manufacturing Group and Caterpillar Announce Strategic Alliance

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Under the agreement, the companies will focus on the design and 3D printing of aluminum and titanium parts.

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FIT AG and Caterpillar Inc. have entered into a strategic alliance agreement to focus on the design and additive manufacturing of aluminum and titanium parts. 

Carl Fruth, CEO of FIT AG, said: “We are thrilled to enter into a strategic alliance with Caterpillar. Caterpillar is a world leader in many markets, which will benefit greatly from additive manufacturing. However, this requires innovative technologies and new thinking combined with experience and deep know-how. Our companies complement each other with their respective strengths.”

“Caterpillar has a long history of creating innovative products designed to fit the needs of our customers and entering into a strategic alliance with a leader in additive manufacturing will help further that tradition,” said Stacey DelVecchio, Caterpillar additive manufacturing project manager. “Not only will Caterpillar now have access to FIT AG’s cutting-edge technologies in additive manufacturing but this alliance will also help accelerate our adoption of 3D printing.”

Learn more about Caterpillar's use of additive manufacturing in this video interview with DelVecchio

The strategic alliance between FIT AG and Caterpillar will have an initial three-year term and will evolve to the next step based on the success of the alliance, the companies say. 

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