Obama’s announcement regarding 3D printer

Let’s get straight into what The United States of American President spoke regarding 3D printers

“I’m pleased that we are taking steps to strengthen American manufacturing by launching a new manufacturing institute in Ohio,” said President Obama. “This institute will help make sure that the manufacturing jobs of tomorrow take root not in places like China or India, but right here in the United States of America.  That’s how we’ll put more people back to work and build an economy that lasts.”

The Obama Administration is investing almost $30 million into the new ‘National Additive Manufacturing Innovation Institute’ that will produce a mass of 3d printers and will create a huge job affairs.

Looks like American president has taken some steps to resolve the unemployment and inflation that take place in his country this might be a bit shock to countries like India and china as their income growth  may get disturbed because there  are lot of It companies which are owned by US people are located in India and china.

Due to the announcement there is a sudden change in sales for 3D printers and here’s the details of top companies that produces various 3D printer.

3D printing stocks has suddenly increased on Wednesday morning after President Obama spoke about regarding the 3D printer in his State of the Union late Tuesday. ExOne Co.(US:XONE) offers were up more than 6%, 3D Systems Corp.(US:DDD) imparts were up more than 3% and Stratasys Ltd.(US:SSYS) imparts were up 2%. This is the impact of Obama’s speech, if obama start to give such speech regularly regarding 3D printers definitely there will be more increase printers sale and production.

Its popularity has been increasing day by day comparing before 2 years and now there is a considerable increase in sales in 3D printers says source.

 

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