Is Additive Manufacturing the Key to Restore American Manufacturing?

Bhagyashri Kambale | November 20, 2021 | 454 views
ADDITIVE-MANUFACTURING
Additive manufacturing in America plays a significant part in reviving the manufacturing industry and establishing the country as a leader in applying additive manufacturing technology. The United States was formerly the industrial leader, but it fell out of favor between 2000 and 2010 for many reasons, including recession and structural and financial instability.

In this challenging time, technology interventions such as additive manufacturing in the manufacturing business have allowed the industry to survive. As per the recent report by A.T. Kearney, the USA, the industry leader in manufacturing, has worked hard to reclaim its top position in manufacturing and has also been named the leader in additive manufacturing.

Let's look at which fields of America are utilizing the benefits of additive manufacturing technology to reclaim its position as the industry leader.


Additive Manufacturing in America

The manufacturing industry is gravitating toward additive manufacturing, sometimes known as 3D printing. The numerous advantages of additive manufacturing, such as the reduction of material waste, the reduction of prototyping time, the reduction of prototyping costs, the creation of lightweight objects, and the ease with which it can be implemented and recreated, are making it more popular around the world, including in the United States.

In the United States, the additive manufacturing and material industry is expected to be worth $4.1 billion by 2020. China is the world's second-largest economy and is expected to reach a projected market size of US$14.5 billion by 2027, with a CAGR of 27.2 percent from 2020 to 2027.


How does America Leverage the Additive Manufacturing?


US Airforce has launched research into 3D printing

The US Air Force has begun researching 3D printing replacement parts for old planes utilizing a 3D printing platform.

The project initiative credit goes to 3D Systems, Lockheed Martin, Orbital ATK, and Northrop Grumman. America Makes will observe the project in its third stage and be led by the University of Dayton Research. The Air Force Laboratory financed the Maturation of Advanced Manufacturing for Low-Cost Sustainment (MAMLS) program.

The US Air Force will investigate how the 3D printing technology may reproduce components for outdated aircraft. Using additive manufacturing, the replacement parts may be created faster and in smaller batches, with no minimum order quantity. In addition, applying additive manufacturing will reduce the aircraft ground time and eliminate the need for parts warehousing.


American Manufacturing Companies and Additive Manufacturing


3D Systems, Inc.

3D Systems is an additive manufacturing company. Their work goes beyond prototyping. The company's experts use their deep domain expertise in aerospace and healthcare industries to produce competitive additive manufacturing solutions. This global leader in additive manufacturing helps you define business needs, verify manufacturing flow, and scale manufacturing flow.


General Electric

GE has seen the benefits of additive manufacturing and its options for product design, such as the potential to build lighter, more vital components and systems. As a result, they created goods that are better performing, more sophisticated in design, and easier to produce.


Ford

Ford's advanced manufacturing center in Michigan is all about additive manufacturing. The company employs 3D printing extensively in product development and is looking to integrate it into manufacturing lines. As a result, additive manufacturing is now a critical aspect of the Ford product development cycle, enabling prototype parts and product engineering exercises.


Final Words

The American manufacturing industry has experienced a renaissance as a result of the advent of additive manufacturing. Additionally, it has built its national accelerator and leading collaborative partner in additive manufacturing, "America Makes," which is the largest manufacturing industry globally in terms of revenue and operates in a variety of areas. However, it is mainly focused on 3D printing or additive manufacturing, which is undoubtedly reviving the country's manufacturing sector.


FAQ


What are the significant challenges in additive manufacturing?

Limitations in terms of size, consistency of quality, scalability, a limited variety of materials and high material costs, and limited multi-material capabilities are only a few of the prevalent issues associated with additive manufacturing technology.


Which company is leading in additive manufacturing technology in the USA?

3D Systems Corp. is the leading company in additive manufacturing technology with a revenue of $566.6 million.

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Since our inception in 2001, Helical Solutions has rapidly grown a reputation for exceptional quality, innovation and performance as an industry leading manufacturer of carbide cutting tools. We are committed to providing excellent service and quality products to our customers.

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Is Additive Manufacturing the Key to Restore American Manufacturing?

Article | November 20, 2021

Additive manufacturing in America plays a significant part in reviving the manufacturing industry and establishing the country as a leader in applying additive manufacturing technology. The United States was formerly the industrial leader, but it fell out of favor between 2000 and 2010 for many reasons, including recession and structural and financial instability. In this challenging time, technology interventions such as additive manufacturing in the manufacturing business have allowed the industry to survive. As per the recent report by A.T. Kearney, the USA, the industry leader in manufacturing, has worked hard to reclaim its top position in manufacturing and has also been named the leader in additive manufacturing. Let's look at which fields of America are utilizing the benefits of additive manufacturing technology to reclaim its position as the industry leader. Additive Manufacturing in America The manufacturing industry is gravitating toward additive manufacturing, sometimes known as 3D printing. The numerous advantages of additive manufacturing, such as the reduction of material waste, the reduction of prototyping time, the reduction of prototyping costs, the creation of lightweight objects, and the ease with which it can be implemented and recreated, are making it more popular around the world, including in the United States. In the United States, the additive manufacturing and material industry is expected to be worth $4.1 billion by 2020. China is the world's second-largest economy and is expected to reach a projected market size of US$14.5 billion by 2027, with a CAGR of 27.2 percent from 2020 to 2027. How does America Leverage the Additive Manufacturing? US Airforce has launched research into 3D printing The US Air Force has begun researching 3D printing replacement parts for old planes utilizing a 3D printing platform. The project initiative credit goes to 3D Systems, Lockheed Martin, Orbital ATK, and Northrop Grumman. America Makes will observe the project in its third stage and be led by the University of Dayton Research. The Air Force Laboratory financed the Maturation of Advanced Manufacturing for Low-Cost Sustainment (MAMLS) program. The US Air Force will investigate how the 3D printing technology may reproduce components for outdated aircraft. Using additive manufacturing, the replacement parts may be created faster and in smaller batches, with no minimum order quantity. In addition, applying additive manufacturing will reduce the aircraft ground time and eliminate the need for parts warehousing. American Manufacturing Companies and Additive Manufacturing 3D Systems, Inc. 3D Systems is an additive manufacturing company. Their work goes beyond prototyping. The company's experts use their deep domain expertise in aerospace and healthcare industries to produce competitive additive manufacturing solutions. This global leader in additive manufacturing helps you define business needs, verify manufacturing flow, and scale manufacturing flow. General Electric GE has seen the benefits of additive manufacturing and its options for product design, such as the potential to build lighter, more vital components and systems. As a result, they created goods that are better performing, more sophisticated in design, and easier to produce. Ford Ford's advanced manufacturing center in Michigan is all about additive manufacturing. The company employs 3D printing extensively in product development and is looking to integrate it into manufacturing lines. As a result, additive manufacturing is now a critical aspect of the Ford product development cycle, enabling prototype parts and product engineering exercises. Final Words The American manufacturing industry has experienced a renaissance as a result of the advent of additive manufacturing. Additionally, it has built its national accelerator and leading collaborative partner in additive manufacturing, "America Makes," which is the largest manufacturing industryglobally in terms of revenue and operates in a variety of areas. However, it is mainly focused on 3D printing or additive manufacturing, which is undoubtedly reviving the country's manufacturing sector. FAQ What are the significant challenges in additive manufacturing? Limitations in terms of size, consistency of quality, scalability, a limited variety of materials and high material costs, and limited multi-material capabilities are only a few of the prevalent issues associated with additive manufacturing technology. Which company is leading in additive manufacturing technology in the USA? 3D Systems Corp. is the leading company in additive manufacturing technology with a revenue of $566.6 million. { "@context": "https://schema.org", "@type": "FAQPage", "mainEntity": [{ "@type": "Question", "name": "What are the significant challenges in additive manufacturing?", "acceptedAnswer": { "@type": "Answer", "text": "Limitations in terms of size, consistency of quality, scalability, a limited variety of materials and high material costs, and limited multi-material capabilities are only a few of the prevalent issues associated with additive manufacturing technology." } },{ "@type": "Question", "name": "Which company is leading in additive manufacturing technology in the USA?", "acceptedAnswer": { "@type": "Answer", "text": "3D Systems Corp. is the leading company in additive manufacturing technology with a revenue of $566.6 million." } }] }

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NTT DATA and Cogniac Bring Artificial Intelligence to Manufacturing

NTT DATA | June 30, 2022

NTT DATA Italia, the Italian division of the IT services leader, announced a partnership with computer vision software leader Cogniac Corporation. Cogniac's visual data processing platform will enhance NTT DATA's smart factory capabilities in Italy. Italy is a world leader in many manufacturing sectors, including machine tools, fashion, food products, automobiles, and pharmaceuticals, and is the second largest manufacturing country in Europe. As businesses improve their product manufacturing and distribution processes with integrated technologies that enable them to leverage business and engineering intelligence and analytics, the industry is rapidly transitioning to Smart Industry 4.0. With NTT DATA at the forefront of this transformation, Cogniac and NTT DATA have formed a strategic partnership that leverages Cogniac's low-code/no-code technology to create advanced vision inspection applications for manufacturers across the globe. "An integral part of successfully deploying computer vision applications is the integration point that NTT DATA provides across the manufacturing sector. For NTT DATA customers, the combined value of NTT DATA and Cogniac can significantly improve and automate the quality control process," -said Chuck Myers, CEO of Cogniac. We are positive that it will help NTT DATA Italia achieve its goal of Smart Industry 4.0 by increasing efficiency and adding value. Cogniac's AI can identify any camera-captured production detail. Using Cogniac's intuitive interface, a business process expert can create computer vision applications to improve and automate manual processes. The platform marks a step toward industrial digitization and can be used in any industry. The manufacturing industry is ripe for AI advancement. Gennaro Masullo, manufacturing manager at NTT DATA Italia, is excited to work with Cogniac to bring AI to the manufacturing industry. NTT DATA has put its distribution network at the service of Cogniac to help it reach its full potential because we value dialogue with innovative technology partners.

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MANUFACTURING TECHNOLOGY

JBT Corporation Acquires Alco-food-machines

JBT Corporation | July 04, 2022

JBT Corporation (NYSE: JBT), a global technology solutions provider to high-value segments of the food and beverage industry, announced today it has acquired Alco-food-machines GmbH & Co. KG (Alco), a leading provider of further food processing solutions and production lines. "Alco has been a family business for generations and over time has built an excellent reputation in the market for providing leading further processing technology solutions with strong ties in the DACH region, Alco represents the ideal fit for JBT where our family of brands approach and our broad food and beverage platform offers a compelling succession opportunity for companies with leading technology and food domain expertise." -Brian Deck, President and Chief Executive Officer JBT Corporation. The acquisition of Alco complements and expands our product offering in further processing, in particular, expanding our offering in convenience meal lines as well as alternative and plant-based protein technology, said Bob Petrie, EVP and President, Protein. Bringing our companies and technologies together supports our vision to be the preferred solutions partner for our customers, backed by unparalleled application expertise and best-in-class local service support. Alco also further strengthens our presence and capabilities in the important German market, added Petrie. Alco was founded in Bad Iburg, Germany in 1977 based on the idea from Heinz and Gertrud Algra to make the best machines in the industry, which today, produce everything from noodle sauces, and pizza to convenience and snack foods. JBT has always been viewed as a leader in food processing, and its approach to preserving the Alco brand and continuing the family legacy of technology and service was of the utmost importance in finding the right partner to acquire the business, said Isabelle Kleine-Ausberg, former shareholder of Alco. "We are excited about the possibilities in the next phase of growth for Alco, added Thomas Kleine-Ausberg, Managing Director. Alco expects 2022 revenue of approximately $35 million with EBITDA margins in the low double digits prior to synergies. The transaction is expected to be slightly dilutive to 2022 GAAP earnings per share but approximately two cents accretive on an adjusted basis, which excludes transaction-related costs and purchase price accounting. The purchase price was undisclosed. JBT Corporation (NYSE: JBT) is a leading global technology solutions provider to high-value segments of the food & beverage industry with focus on proteins, liquid foods and automated system solutions. JBT designs, produces and services sophisticated products and systems for multi-national and regional customers through its FoodTech segment. JBT also sells critical equipment and services to domestic and international air transportation customers through its AeroTech segment. JBT Corporation employs approximately 6,800 people worldwide and operates sales, service, manufacturing and sourcing operations in more than 25 countries.

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