Thirty years ago, the American steel industry went through an experience similar to today’s crisis in Detroit. I remember writing a page one story for the New York Times in 1977 about a stunning third-quarter loss at Bethlehem Steel, which announced plans to close mills in Johnstown, PA and Lackawanna, NY. Many of the great old names of American steel, like Bethlehem, National, Armco, and J&L, all disappeared. Their assets closed or were bought and improved. Only United States Steel survived as a corporate entity, albeit a very different one. There were many cries of despair, in particular that we needed a domestic steel industry for national defense. But there was no bail-out. The American steel industry re-emerged, pretty quickly really, in a new form. Entrepreneurs launched new mills that operated with electric furnaces fed with scrap. In general, the industry became more customer focused, and less production focused. American steel is very competitive today.
The auto industry needs to go through the same economic Darwinian process.
The amount of plastic clogging the ocean continues to grow. Some startling, not-so-good news has come out recently about the roles plastic is playing in the ocean, as well as more heartening news about efforts to collect and reuse it.
Optomec's third America Makes project for metal 3D printing teams the LENS process company with GE Aviation, Lockheed, and other big aerospace names to develop guidelines for repairing high-value flight-critical Air Force components.
A self-propelled robot developed by a team of researchers headed by MIT promises to detect leaks quickly and accurately in gas pipelines, eliminating the likelihood of dangerous explosions. The robot may also be useful in water and petroleum pipe leak detection.
Aerojet Rocketdyne has built and successfully hot-fire tested an entire 3D-printed rocket engine. In other news, NASA's 3D-printed rocket engine injectors survived tests generating a record 20,000 pounds of thrust. Some performed equally well or better than welded parts.
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