It’s great that Chinese companies may want to buy Chrysler or GM. That’s how the free enterprise system works. Companies are priced at a fair market value in public exchanges (if they’re publicly held) and then anyone with the cash can buy them, just like any products are bought and sold a la Adam Smith. IBM was able to unload its no-longer viable personal computer business to Chinese investors. It’s a great way to get money back into the hands of American businesses and investors. And as John Dodge pointed out on his Facebook page, GM has a capitalization of only $1.35 billion at current stock prices. GM has a large product development center in China and Buick is one of the top-selling brands in China. Most importantly, a Chinese buyout of GM or Chrysler saves US taxpayers a lot of cash.
Divestiture of assets to foreign investors is not a great long-term strategy, however. Our weak financial situation is a result of years of deficit spending and a bulging federal debt. If you’re mad about General Motors going bust—don’t be mad at me. Be mad at your own spending and voting patterns.
This slideshow includes several versions of multi-materials machines, two different composites processes including one at microscale, and two vastly different metals processes. Potential game-changers down the line include three microscale processes.
UL is partnering with metals additive manufacturing (AM) supplier EOS to provide AM training to EOS's customers. It's designed to promote correct usage of AM technologies by OEMs and others in manufacturing.
To commemorate Earth Day, we take a look at the state of ocean plastic. If things don't change, by 2050 the oceans will contain more plastic than fish by weight. Here are the problems, as well as some solutions.
Focus on Fundamentals consists of 45-minute on-line classes that cover a host of technologies. You learn without leaving the comfort of your desk. All classes are taught by subject-matter experts and all are archived. So if you can't attend live, attend at your convenience.