According to Bloomberg, the company is hiring staff to develop 3D initiatives across the companies business for a range of applications, including tools.

‘We’re taking this to another level,’Schuisky told Bloomberg. ‘We’re making a focused strategic push to research this for the benefit of the entire group.”

‘What is attractive about 3-D is the new way of thinking,’ Schuisky said. ‘We are used to thinking that objects are processed out of a material. We need to start thinking about starting from a blank canvas.’

Sandvik already makes metal powders for additive manufacturing under the Osprey brand name.