|
PRESS RELEASE
For Immediate Release
For further information Contact:
Tom Pelletiers / Director of Sales & Marketing
Latitude Manufacturing Technologies
1620 Rt 57, Suite C
Hackettstown, NJ 07840
908 813-8282 x204, e-mail:
tpelletiers@latitudemanufacturing.com
Latitude Manufacturing Exceeds Business
Objectives for First Year
Latitude Manufacturing Technology founded in 2002 to commercialize the PowderFloŽ Metal Injection Molding technology has exceeded its first year revenue target. Projected sales growth for 2003 exceeds Metal Injection Molding Industry projections.
Latitude Manufacturing feedstock
sales in 2002 exceeded 60,000 lbs. Unlike traditional
wax based MIM binders, PowderFloŽ utilizes a aqueous
agar binder system which has the advantage of
producing larger, thicker and more complex parts.
Current manufactured parts have an average mass
of about 300 grams significantly larger than traditional
MIM parts. One PowderFloŽ licensee currently has
a part greater than 2 kg in final evaluation.
.
Latitude continues to attract Worldwide
interest demonstrated by the number of new US
& Offshore licensees signed in 2002. The numbers
of companies testing PowderFloŽ continues to grow
globally. .
Latitude is currently working to
expand the current product offering from stainless
steel alloys and nickel-based superalloys to include
a variety of other widely used MIM and custom
alloys. .
Latitude Manufacturing PowderFloŽ
continues to offer maximum size, complexity and
value. For more information, contact Tom Pelletiers
908 813-8282 x210 or visit www.latitudemanufacturing.com
Go
back |
