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Industry News
14th September 2017

Financing enables manufacturers to acquire next-generation equipment

Additive manufacturing is often used synonymously with 3D printing in which the similarity is the process of layering various material components. The material added layer by layer can be a form of metal, plastic, concrete or at some point human tissue. The industrial additive manufacturing process typically uses a laser beam to fuse these powder or liquid materials together to create a 99.9 percent metallurgical bond at defined points as directed by computer.stl files. This process is faster, offers high levels of precision and reduces production costs. Since the initial investment in the equipment is more expensive than a standard machine tool, many manufacturers look to finance this capital expense rather than pay cash. 

Manufacturing Business Technology

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