Instead of bashing, bending and cutting material the way it always has been, 3D printers build things by depositing material, layer by layer.

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It means looking at radically new industrial processes which simply replace previous kinds of industrial manufacturing with sophisticated bionumetics and nanotech approaches, to cutting down the material intensity and energy intensity of production, this is the kind of thing you need to do to stay competitive in the modern world.

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Kellogg Co (NYSE:K) announced that first-quarter net income fell 2 percent, hurt by higher raw material costs, cutting its 2012 guidance.

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What we're doing here is cutting down on landfill use, on possibly toxic material entering the environment, and the Rhondda's getting jobs out of it.

BBC: Computer mountain graphic

He promised to accelerate many of those actions while cutting costs further in the face of higher gas prices and material costs.

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Asian exporters face slower growth abroad, high raw-material prices, growing competition from China and diminishing returns from cost cutting.

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The materials then goes through a multi-tiered supply chain where they are sold and possibly resold several times before reaching facilities that specialize in either cutting and polishing gemstones and diamonds, or turning raw precious metal into jewelry-grade material.

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Within five years, he found himself cutting records with jazz greats such as Miles Davis and Thelonious Monk, in addition to recording his own material as a bandleader.

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