The Barnes Global Advisors reports on potential economic benefits of Neighborhood 91
The Barnes Global Advisors (TBGA), headquartered in Pittsburgh, Pennsylvania, USA, has released an impact study revealing the overall economic benefits of an Additive Manufacturing production campus for the Pittsburgh International Airport, currently in development and known as Neighborhood 91.
According to TBGA, its report substantiates that a cluster concept like Neighborhood 91 can act as a catalyst for AM industrialisation and innovation with the creation of a cost-efficient ecosystem. Multiple numerical data models with relevant industry data were reportedly complemented by economic theory to analyse the impact. The following five key impact areas were identified:
Reduction in production costs – 25% for parts and 30% for powder
Simplified supply chain with 80% reduction in manufacturing lead time and 80+% reduction in transportation cost and miles for powder to part production
Workforce development and R&D boost productivity and innovation
Agglomeration economies and labour market pooling for reductions in learning curves and under-utilised equipment
Reduced energy consumption and emissions