3d systems & dussur create joint venture to expand additive manufacturing in saudi arabia

Rock hill, s.c. and riyadh, kingdom of saudi arabia, march 29, 2022 (globe newswire) -- today, 3d systems (nyse:ddd), the leading additive manufacturing solutions provider, and the saudi arabian industrial investments company (dussur) have signed an agreement intended to expand the use of additive manufacturing (am) within the kingdom of saudi arabia and surrounding geographies, including the middle east and north africa. the announcement was made during a ceremony in riyadh on march 29, 2022. the purpose of the new joint venture is to enable the development of saudi arabia's domestic additive manufacturing production capabilities, consistent with the kingdom's ‘vision 2030,' which is focused on diversification of the economy and long-term sustainability. the center for innovation and additive manufacturing will initially focus on energy, with planned expansions into other industrial sectors as well as healthcare solutions.
DDD Ratings Summary
DDD Quant Ranking