Evonik Industries AG is constructing a factory to make a material that the company thinks will be the gold measure for industrial-scale 3D printing.
The plan in a Ruhr Valley industrial center is 3X Monaco’s size and provides help for the area economy. It could also act as case research on how to use Germany’s old-school engineering to a modern age.
Also, it shows the danger hovering over the economy of the country. The printing technology can churn out all things from shoe soles to automotive in micro-factories. The technology could use conventional manufacturing that underpins German wealth.
Despite the hefty investment, the highly automated factory s expected to sustain only 150 jobs. A firm distinction to the huge manpower needed for the area’s growing industrial base. But that is better compared to nothing for the city if Marl. The city beats the Thailand locations and Singapore to land the location.
“Getting this new plant, and such a high level of investment, secures our future,” stated Werner Arndt, Marl’s mayor.
The plant puts a limit to Germany culture. The site is 130 miles north of Mainz. This is where Johannes Gutenberg invented the printing press over 500 years ago. This ushered a new age of mass communication.
Germany was an initial supporter of 3D printing. This was even as conventional press makers like Manroland AG and Heidelberger Druckmaschinen AG fought with the deterioration of the newspaper sector.
Eos GmbH is situated near Munich and it is one of the leading 3D printer manufacturers in the world. Each third industrial business in Germany utilizes technology. This is as stated by a study conducted by digital lobby Bitkom.
The concern is that 3D printing that offers firms a unique design option may unleash a related technology check. This is to make production more manageable. As a result, it could pose a challenge to the nation’s machine producers if they miss adjusting.
The plant will create a crushed plastic that will act as the toner similar to 3D printers from the likes of HP Inc. Eos, and 3D Systems Corp. It is a strong bet at a moment when the largest economy of Europe struggling to beat a drop. The slump forced firms like Daimler AG and Siemens Ag to declare over 100,000 loses this year.
At the moment, Germany is under pressure to rediscover itself. The trade wars and a quick change to digital technologies threaten its economic model. China’s aim to be the leader of the world in high-end production is also among the things that are threatening Germany’s economic model. The automakers of the country exposed to the slowly phase-out of the combustion engine.
The worst production downturn in many years for Germany is likely to drag on economic development. This is at least through next year as the domestic market feels the pressure of the chilling labor market. This is based on Germany’s central bank reports. The Bundesbank last week reduced its 2020 development budget for Germany in half to 0.6 percent.