New AM company in Italy

Italy-based Prima Industrie SpA says that it has completed its spin-off operation of its additive manufacturing (AM) business unit.

This follows its investment in start-up company 3D New Technologies Srl which was already collaborating with the company to develop powder bed fusion technology.

The new company, which is majority owned by Prima, will be called Prima Additive Srl.

“The merger between the spin-off Prima Additive and 3D New Technologies represents growth and an investment in this sector by Prima Industrie, which continues to be our majority shareholder,” said CEO, Paolo Calefati. “The operation combines the global dimension and the long tradition of innovation in the engineering and production of laser machines of the Prima Industrie Group with the agility and dynamism of the 3D startup New Technologies for powder bed fusion machines in the additive manufacturing sector.”