The fact that the company spends more on new production equipment than on new products is, he says, one reason why Gillette regularly hits its target of reducingmanufacturingcosts by 4% a year.
That would bolster the global market for these precious commodities, reducingcosts from raw materials all the way across the manufacturing supply chain, and ultimately to consumers.
Nanotech also allows for "green manufacturing"--manufacturing processes that can take place at ordinary temperatures, reducing energy costs, while the use of non-toxic catalysts minimize pollution and bottom-up construction leaves no wasted material behind.