Goodyear is making airless tires through 3-D printing, one example of additive manufacturing’s rise among industrials from Boeing to Cummins.
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"Additive manufacturing is still a very small, specialized technology," said Jörg Bromberger, director of strategy and operations at McKinsey in Berlin, and lead author of the consulting firm's recent report on the industrial technology."Heavily investing in additive manufacturing can bring some effect but it is still pretty limited," he said.
The main advantages of the technology include design flexibility in various 3-D shapes that can perform better or cost less, and customized production of parts. Other advantages are cutting out time-consuming, pre-production processes and making products on-demand from digital files. But stock market reception of 3-D printing as a pure-play investment theme has not been good in recent years. Desktop Metal has lost almost 80% of its value since going public in 2021, and the performance of other 3-D printing sector playsIn another notable partnership, some of the nation's largest industrials are working with a family-owned Rust Belt firm to 3-D print components.
Humtown Products was able to tap into the technology through a cluster of 3-D printing resources in Youngstown that business, government and academia have supported to help revive the local economy of the former steel town.
Orme cited advantages in reduced lead times for production by a factor of ten, streamlined design into one large piece for assembly, and increased durability.
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