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Technology Stocks : Investing in Exponential Growth

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From: Paul H. Christiansen	9/20/2016 9:25:25 AM
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UPS Expands 3D Printing to Stay Ahead of a Threat United Parcel Service plans to expand its 3D printing service to Asia and Europe, the U.S. shipping company has told Reuters, in a bid to fully embrace and get ahead of a trend that threatens to eat away a small but lucrative part of its business. Aside from its main package delivery service, UPS gets an undisclosed portion of its revenue from storing and shipping parts for manufacturers. If those customers were to switch to 3D printing their own parts, that business would face a drastic reduction. To counter that threat, UPS UPS 0.24% has chosen to get on board the 3D revolution, and is now looking to offer a service in which UPS will print out plastic parts—anything from nozzles to brackets to prototype soap dispensers or multifaceted moving parts—around the world and deliver them. fortune.com

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