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.
HP revealed more of its 3D printing plans in a recent webinar. Senior vice president of inkjet and graphics solution business Stephen Nigro spoke about how the technology works and expanded on HP's vision of open collaboration to commercialize its Multi Jet Fusion 3D printing technology for end-production, and open collaboration on new materials. He also said HP will create software to help users decide when to use Multi Jet Fusion versus conventional subtractive manufacturing.
A lightweight electric urban concept car designed by several European companies weighs only 992 lb without its battery. It would have weighed 26.7 lb more if its windows were made of glass instead of the specially coated LEXAN polycarbonate resin from SABIC Innovative Plastics.
Skylar Tibbits' team in MIT's Self-Assembly Lab is now 4D printing self-assembling shapes made of programmable carbon composites and custom wood grain. The composites are being used in a sport car airfoil, and the wood grain is beautiful.
The NanoSteel Company has produced high-hardness ferrous metal matrix composite (MMC) parts using a new nanosteel powder in a one-step 3D-printing process. Parts are 99.9% dense, crack-free, and with wear resistance comparable to M2 tool steels.
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