# MetalValue invests €50M in steel powder factory in France

MetalValue Powder is investing €50 million to build a gas-atomized steel powder manufacturing facility in Pîtres, France, with a capacity of 40,000 tonnes per year, expected to create 60 jobs and begin operations in Q4 2018.

- Type: New facility
- Announced: 2017-01-30
- Where: Pîtres, Eure, France, France
- Value: $54.0M (50.0M EUR)
- Jobs: 60
- Starts operating: Q4 2018
- Status: announced
- Capacity: 40,000 tonnes per year
- Products: 3D printable steel powder
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [MetalValue Powder](https://endata.com/companies/21786.md)

## Sources

- [3ders.org](http://www.3ders.org/articles/20170130-metalvalue-invests-50m-in-3d-printable-steel-powder-factory-in-france.html), 2017-01-30: "This ensures both the future of an old industry and of the metallurgy of the future."
- [foundry-planet.com](https://www.foundry-planet.com/d/fr-metalvalue-invests-e50m-in-3d-printable-steel-powder-factory-in-france/), 2017-02-15: "French metallurgy company MetalValue Powder is reportedly investing 50 million euros to build a new gas-atomized steel powder manufacturing facility in Pîtres, Eure, France."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.