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Business | August 07, 2019

Toyoda Gosei invests in 3D printer Slab

Toyoda Gosei Co., Ltd. has decided to invest in Slab Inc. (Kyoto, Japan), a venture company that develops and manufactures plastic 3D printers for faster speed in product development and greater efficiency in low-volume, high-mix manufacturing.

Today, the automotive industry is going through a time of accelerated change, with intensified competition in the development of new CASE technologies. This demands technical innovations in development and production that are not bound by existing frameworks. Plastic 3D printers have begun to be used for this, but applications have been limited due to restrictions in product quality and forming time. With this investment by Toyoda Gosei, the two companies aim to work together to raise the precision and speed of plastic 3D printers. This will both "speed up product development and advance the development of flexible production technology for the efficient manufacturing of low-volume, high-mix products", a press release states. The investment amount of JPY 45 million (EUR 377'000) will give Toyoda Gosei a 6.3% stake in the company.
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November 12 2019 7:31 am V14.7.10-2