Joint Venture in Fabrication

A joint venture (JV) is a business agreement in which the parties agree to develop, for a finite time, a new entity and new assets by contributing equity. With individuals, when two or more persons come together to forge a temporary partnership for the purpose of carrying out a particular task, such partnership can also be called a joint venture where the parties are "co-ventures".

The venture can be for one specific project only - when the JV is referred to more correctly as a consortium or a continuing business relationship. The JV (also known as a cooperative agreement) is formed where one party seeks technological expertise or technical service arrangements, franchise and brand use agreements etc. The JV created to achieve a particular goal or success.

Forming joint ventures with other fabricator in your sphere, you have found a competitive advantage on jobs that may have been out of reach to you - or your partner - alone. When an attractive project is outside of your scope, location or capacity, we want you to feel comfortable with making the joint venture with 3D Metal Fabrication. You'll find we're fair, competent and honourable at every level.

Come on - let’s go after it together.

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