Nanotechnology Now





Heifer International

Wikipedia Affiliate Button


DHgate

Home > Press > Raymor Starts Up 2nd Powder Production Unit and Receives $1,230,000 Titanium Powder Orders for Q3 & Q4 2007

Abstract:
Raymor Industries Inc. (TSX VENTURE: RAR), a leading developer and producer of single-walled carbon nanotubes, nanomaterials and advanced materials, announces that its wholly-owned subsidiary, AP&C Advanced Powders and Coatings has commenced operations on its 2nd metallic powder production unit. As a result, AP&C has received new orders for the third and fourth quarter of 2007 totalling $1,230,000 for the supply of its spherical titanium (CP Ti) powders from a major US orthopedic implant company. With over $2,000,000 in orders for 2007 from this client, whose identity is protected by confidentiality agreements in place, indications are that orders from this client will be renewed, at a minimum, in 2008. Raymor continues to expect its long-term relationship with this client to grow, and fully expects order levels to increase again in the coming years. With the 2nd powder production unit in operation, Raymor is now in the position to double its production capacity to meet the growing needs of this client as well as additional demand from other clients.

Raymor Starts Up 2nd Powder Production Unit and Receives $1,230,000 Titanium Powder Orders for Q3 & Q4 2007

BOISBRIAND, QUEBEC, CANADA | Posted on April 17th, 2007

This client is exclusively using AP&C's titanium powder in a process which has received approval from the US Food and Drug Administration (FDA). With the second metallic powder production unit now operating, AP&C will be in an excellent position to meet additional demand for its CP Ti powders, as well as to put in place a significant production capacity of Ti-6Al-4V powders.

Stephane Robert, President and CEO of Raymor Industries, had the following to say:

"These orders solidify our revenue stream for 2007 and beyond. We expect the long term relationship with this client to grow for many years to come. Given that this client only purchases a certain size fraction of our spherical CP Ti powder production, many new opportunities has been created for the introduction of our powders into different rapid manufacturing technologies for the aerospace and biomedical sectors. We have recently implemented a new sales infrastructure to aggressively pursue these new markets niches for the remaining CP Ti powders. as well as for Ti-6Al-4V powders, which could bring substantial revenues to the company. Results of this change should become apparent in the short term."

AP&C's metallic powders, including CP Ti, Ti-6Al-4V, and Nitinol, are produced using the patented Plasma Wire Atomization (PWA) Process. This globally unique process produces a highly pure metallic powder with an exceptional sphericity. These two properties allow AP&C's metallic powders to offer the best performance for aerospace, aeronautical, biomedical and defense applications.

####

About Raymor Industries Inc.
RAYMOR INDUSTRIES INC. (TSX VENTURE: RAR) has as its mission to become a leading developer of high technology for the production of single-walled carbon nanotubes, nanomaterials and other advanced materials for high value-added applications. Raymor Industries operates three wholly-owned, industrial subsidiaries, Raymor Nanotech, Raymor Aerospace and AP&C Advanced Powders and Coatings, specializing in nanotechnology and advanced materials, and comprising four divisions: (1) nanotechnology products, including nano-powders, nano-coatings, and single-walled carbon nanotubes (C-SWNT) for "the applications of tomorrow"; (2) thermal spray coatings, which largely targets military, aeronautical, aerospace, specialized industrial, and mining applications; (3) spherical metallic powders, primarily used for biomedical and aerospace applications; and (4) net-shape forming, a component manufacturing technique used for ballistic protection and other aerospace and military applications. Raymor holds the exclusive rights to more than 20 patents throughout the world, with other patents pending.

ON BEHALF OF THE BOARD OF DIRECTORS

Stephane Robert, President.

FOR MORE INFORMATION ON RAYMOR INDUSTRIES, A NANOTECH 100 COMPANY AND LIST OF NANOTECH 100 COMPILED BY IANANO, PLEASE VISIT: http://www.raymor.com

(VERSION FRANCAISE SERA DISPONIBLE SUR LE SITE WEB DE RAYMOR)

For more information, please click here

Contacts:
Raymor Industries Inc.
Investor Relations
450-434-1004 ext.: 444
Toll Free: 888-734-1004
450-434-1300 (FAX)


Raymor Industries Inc.
Media Relations

Copyright © Market Wire

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

Materials/Metamaterials

BBC World Service to broadcast Forum discussion on graphene July 6th, 2015

Production of Zirconium Carbide Nanoparticles at Low Temperature without Thermal Operations July 5th, 2015

Pioneering Southampton scientist awarded prestigious physics medal July 3rd, 2015

New technology using silver may hold key to electronics advances July 2nd, 2015

Announcements

Superconductor could be realized in a broken Lorenz invariant theory July 7th, 2015

New technique enables magnetic patterns to be mapped in 3-D July 7th, 2015

Crystal structure and magnetism -- new insight into the fundamentals of solid state physics: HZB team decodes relationship between magnetic interactions and the distortions in crystal structure within a geometrically 'frustrated' spinel system July 7th, 2015

Down to the quantum dot: Jülich researchers develop ultrahigh-resolution 3-D microscopy technique for electric fields July 7th, 2015

New-Contracts/Sales/Customers

Oxford Instruments’ TritonXL Cryofree dilution refrigerator selected for the Oxford NQIT Quantum Technology Hub project June 30th, 2015

Centre for Process Innovation pilots Beneq’s breakthrough roll-to-roll ALD system for moisture barrier films June 3rd, 2015

Argonne chooses Beneq’s TFS 500 Atomic Layer Deposition System: Modularity and flexibility make for a natural choice May 14th, 2015

New JEOL E-Beam Lithography System to Enhance Quantum NanoFab Capabilities May 6th, 2015

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More










ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project