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A Garden Grove manufacturer has taken a minority stake in Beijing-based 3D printing company TierTime Technology Co. Ltd.

OK International will co-develop a line of 3D industrial printers scheduled to be launched later this year with TierTime’s subsidiary Delta Micro Factory, also known as PP3DP.

Details of OK International ‘s investment weren’t disclosed.

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The company, a unit of Downers Grove, Ill.-based Dover Corp., also announced it launched a new brand, Quant 3D, which will focus on 3D printing for the professional and industrial markets.

Dover shares were up slightly in afternoon trading to a market value of about $13.81 billion.

The company posted sales of $8.7 billion last year.

OK International is the latest OC-based company to enter the growing 3D printing market. The segment is forecasted to grow nearly 16% annually to $3 billion in 2019, according to Los Angeles-based market researcher IBISWorld Inc.

Other local companies include Costa Mesa-based Airwolf 3D, which has found early success in the consumer market with its evolving line of 3D printers, and Irvine-based dental laser maker Biolase Inc., which entered the fray last month after signing a deal to distribute 3-D printers for Stratasys Ltd., a publicly traded company in Minneapolis that specializes in industrial 3-D printers.

Biolase will distribute printers to dental offices for prototyping and production, including fabricating orthodontic appliances on desktops.