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.
United Launch Alliance will fly 3D-printed flight hardeware parts on its rockets starting next year with the Atlas V. The company's Vulcan next-gen launch vehicle will have more than 100 production parts made with 3D printing. The main driver? Parts consolidation and 57% lower production costs.
A new report from the National Institute of Standards and Technology (NIST) makes a start on developing control schemes, process measurements, and modeling and simulation methods for powder bed fusion additive manufacturing.
Although bio-based polymers face challenges from petroleum-based polymers, in certain markets they can displace the petro-based incumbents. Here are six new bio-based and renewable plastics for a variety of applications.
BASF has developed tools and initiatives to help engineers use more of its renewable materials in their designs, more effectively, as well as to build parts using them with more predictable performance.
Just in time for Earth Day, chemicals leader Bayer MaterialScience reported from the UTECH Europe 2015 polyurethane show on programs and applications using its materials to help reduce energy usage. The company also gave an update on its CO2-based PU as that eco-friendly material comes closer to production.
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