3d Printing Stocks
3D Printing Stocks
The COVID-19 pandemic has brought numerous challenges for U.S. manufacturers in the second half of 2020. As the number of coronavirus cases continues to rise, many manufacturing companies have had to close outlets and lay off employees to mitigate the spread of the virus. However, amidst this gloomy scenario, 3D printing has emerged as a much-needed solution. 3D Printing revolutionizes manufacturing by using digital images or computer models to directly print objects, thereby reducing machinery, materials, and labor costs.
One significant advantage of 3D printing is its minimal waste production compared to traditional manufacturing methods. Instead of generating high levels of waste, 3D printing employs only the necessary amount of materials to create a product. Additionally, traditional manufacturing often requires substantial storage space for parts and products, increasing storage costs. However, 3D printing eliminates the need for excessive storage space, reducing storage costs.
The pandemic has also spurred demand for specialized health and medical products. To address these shortages, manufacturers have turned to 3D printing to produce essential items quickly. This technology enables rapid prototyping and customization, making it highly adaptable to the evolving needs of the healthcare industry during these challenging times.
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Warren Buffett Invested in 3D Printing
According to the Yahoo Finance news Mr.Warren Buffett,” Invested in 3D Printing,” The Oracle may have seen growth opportunities the rest of the market was largely overlooking — in combining the leading market positions of Precision Castparts in titanium alloys and technically complex engineered metals with the up-and-coming potential presented by metal 3D printing”.
Precision Castparts would gobble up Atlantic Precision, a start-up in the metal 3D printing space focused on direct metal laser sintering (DMLS). The technology fuses metal powdered alloys used in additive manufacturing machines to create complex shapes with fine geometries. What was the reasoning?
Metal alloy leader Allegheny Technologies and General Electric recently created a joint venture to develop and commercialize a manufacturing process for creating melt less titanium alloy powders for metal 3D printing applications…..:)
https://www.yahoo.com/finance/news/warren-buffett-invested-3d-printing-110300939.html
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