As already announced earlier this week, UPS will expand its On-Demand 3D printing network to Asia. The company has now officially released the news about the opening of a 3D printing factory together with partner Fast Radius at their facility in Singapore by the end of this year.
Customers will be able to use the Fast Radius On Demand Production Platform to get industrial parts 3D printed and then delivered through the network of UPS. In additions, UPS will establish an Advanced Solutions team in Asia to create a Centre of Excellence for developing supply chain solutions and promote wider applicability of 3D printing with customers.
“3D printing will have a significant impact on industrial manufacturing and 21st Century supply chains,” said Ross McCullough, president of UPS Asia Pacific region. “At UPS, we are embracing disruptive technologies and integrating them into our global logistics network. We believe that much like ecommerce digitized and transformed retail, 3D printing will have a similar impact on manufacturing.”
Once open, customers will be able to place orders for 3D printing through the Fast Radius website or by visiting the factory located at UPS House in Singapore. The order is directed to the optimal manufacturing location either in the US or in Singapore. UPS will then ship as early as the same day.
Rick Smith, CEO of Fast Radius, said, “Our expansion into Asia in partnership with UPS is a significant step in fulfilling our vision of a globally distributed manufacturing and distribution platform serving this rapidly growing industry. Wohlers Report 2016 predicts the 3D printing industry will grow from $5.2 billion in 2015 to $26.5 billion in 2021. The report says that if 3D printing penetrates just five percent of the world manufacturing economy, it would reach $640 billion annually.”