The following video is part of our "Motley Fool Conversations" series, in which industrials editor/analyst Isaac Pino and research analyst Cat Baab-Muguira discuss topics across the investing world.
A manufacturing renaissance is taking place in America, and three-dimensional printing techniques are transforming factories and blue-collar positions. With 3-D printing, or "additive manufacturing," Dow industrial companies like GE, Boeing, and United Technologies can develop prototypes quicker and easier. Engineers now have more flexibility to design a key component in an aircraft engine, for example, print the prototype, and test its usability on the spot. Health-care giants like Johnson & Johnson can utilize 3-D printers to develop tailor-made hip replacements for individuals.
While the Dow has been around since 1896, it's unlikely that the Dow components have seen a revolution like this since the invention of the assembly line. Right now, the Dow contains only about seven true industrial or energy-related companies, but Isaac believes this new technology could touch all types of companies when all is said and done.
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At the time this article was published Cat Baab-Muguira has no positions in the stocks mentioned above. Isaac Pino owns shares of General Electric. The Motley Fool owns shares of Johnson & Johnson. Motley Fool newsletter services recommend Johnson & Johnson. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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