Springdale Manufacturer Wants Nano on Big Stage

Big things are happening at NanoMech Inc.

The Springdale-based nanotechnology manufacturer officially has started a national investment around directed at increasing about $5 million, and soon will announce an expansion that includes a brand new, $1.3 million building adjacent to its current facility. After this fall — the Springdale Chamber of Commerce will orchestrate a groundbreaking ceremony for the new construction — that will feature a roughly 70-30 split of corporate and mill headquarters area.

The construction is anticipated to be finished over three to five months, and will alleviate overcrowding of both workers and equipment at NanoMech’s present 8,000-SF manufacturing space. “Every inch has been consumed,” CEO Jim Phillips said during a recent excursion. Phillips also said the new facility will “be largely because of the creation of nGlide and TriboTuff.”A package of lubricants designed to decrease friction and enhance durability and functionality, nGlide contains products such as nTribo and TriboTuff. While nTribo is an additive for motor oil that later this season NanoMech hopes to start marketing TriboTuff is added to dirt.”It is almost like finding an oil area in Arkansas,” Phillips said. “This changes everything. If I choose the oil and I extend the life of it 10 decades or 100 years, I’ve just re-invented the petroleum,” adding, Ajay Malshe, NanoMech’s founder, executive vice president and chief technology officer.

“Together with the science to the good of humankind is the last game.”Immediate PlansBut it has to wait for the building of its new centre, before NanoMech can ramp up its production of its stage products. In addition to this new building, a water feature will be added to provide the 2 facilities more of a “campus” feel, Phillips explained.

Phillips and Malshe said that amount could grow to 100, although the business currently employs 25. NanoMech is anticipating increased demand for its products, and has added a night shift.”Now we could walk to AutoZone, and every lubricant there up, we could enhance,” Phillips explained. “Every single one we could improve drastically.” Phillips declined to give specific figures for the privately held firm, but said NanoMech continues to record “revenues in the millions.”

Those earnings are bolstered by the success of products a coating, such as TuffTek with software for a variety of cutting tools and wear parts. Moving with products like those in the package that is nGlide to the grease and oil industryopens a market that is considerably bigger.”That might be a $50 billion market, cutting gear. This is kind of immeasurable,” Phillips said of oil and grease.

Thus the need for the federal investment round, which is NanoMech’s second in the past 18 months. “That money went into both research and development, and production, and that’s where it’s supposed to go,” Phillips said. “The next round is going into marketing and sales — production projects and sales and marketing endeavors.”

About NanoMech

NanoMech Inc was founded in 2002 and generates advanced engineering materials through patent and patent-pending nano-inspired and nano-manufactured merchandise development. NanoMech is a pioneer in applying breakthrough nano-engineered innovations to areas of national interest such as machining and production, lubrication and vitality, and military applications. NanoMech brings thoughts from creation to execution, commercializing nanomanufactured products .

NanoMech Invited to Participate in the Obama Administration’s Materials Genome Initiative Event

James M. Phillips, Chairman and Chief Executive Officer and Dr. Ajay Malshe, Chief Technology Officer of Arkansas-based NanoMech Inc. were Encouraged to participate in the inaugural Materials Genome Initiative Occasion held in Washington, DC on May 14, 2012.

The Materials Genome Initiative is part of President Obama’s aim to decrease the price by 50% and the time of producing new substances in industries such as Energy, Aerospace, Transportation, Body Armor, and Smart Manufacturing, and also to create new businesses and jobs. NanoMech is a leading designer and producer of coating application methods for the heavy production, defense, energy, and automotive industries, additives, and nanoparticle coatings. NanoMech’s products comprise TuffTek®, nGlide®, and nGuard®. Dr. Cyrus Wadia, Office of Science and Technology Policy Assistant Director for Clean Energy and Materials Research and Development stated, “We were delighted that NanoMech and their CEO Jim Phillips and CTO Ajay Malshe could be with us for this announcement and participate in our breakout strategy meetings.” Ten Federal agencies that participate in the National Nanotechnology Initiative unveiled a new “signature initiative” to stimulate the development of models, simulation tools, and databases that will allow the prediction of particular characteristics of nanoscale materials.

About OSTP Congress

They established the Office of Science and Technology Policy in 1976 with a broad mandate to advise the President and others within the Executive Office of the President about the effects of science and technology on national and international affairs.

The 1976 Act also authorizes OSTP to lead interagency efforts to develop and implement sound science and technology policies and budgets, and also also to work together with other nations toward this conclusion, the science and higher education communities, and the private sector, local and state governments.

Around NanoMech Inc

NanoMech Inc is a technology company based in Fayetteville, AR, together with manufacturing facilities and labs in Springdale, Arkansas, is a leading designer and producer of advanced application-specific nanoparticle additives, nanoparticle-based coatings and coating deposition systems. NanoMech is bringing these technologies to the international marketplace through its TuffTek®, nGlide®, and nGuard® solutions.

The company was recently recognized for “Excellence in Innovation” from the U.S. Department of Commerce. NanoMech’s technologies have been acknowledged by the editors of R&D Magazine in their collection of the 25 best micro- and nanotechnologies of 2006, and also company is a recipient of the Frost & Sullivan award. NanoMech, which began operation is becoming a world leader in nanomanufacturing innovations and product development with a strong emphasis on technical technology scalable for effective mass production of high performance operational products. A lot of patents and patents pending nanomanufacturing and cover the suite of nanotechnologies of NanoMech processes. The core competencies of NanoMech include nanoparticle-based additives and coatings, coating deposition processes and systems, and nanomaterials incorporated products and investigations.

Working closely with centres of excellence and universities, particularly the University of Arkansas, key industry partners and government agencies, NanoMech is already bringing products to market with very significant economic and performance benefits in metal cutting, lubrication, and anti inflammatory solutions.

NanoMech Acquires Canadian Nano Technologies

Canano provides custom engineered nanopowders designed to solve unique problems, adding value to products that cross multiple industries including electronic equipment, farming, solar energy, and aerospace. The company was set up to develop and commercialize applications of pure steel nanopowders. Using a proprietary fuel condensation procedure partly based on research performed at Lanl, NanoMech will produce a wide range of high quality nanoparticles. NanoMech procedure is unique and offers considerable improvements over nanoparticle production/collection processes.

NanoMech is a leading designer and producer of nanoparticle-based coating deposit systems and protective coatings.

Jim Phillips, Chairman and Chief Executive of NanoMech, stated, “We Are excited relating to this acquisition as it brings novel nanomaterial production capacity and new knowledge occupations into our engineering portfolio, creating important synergies that can help our current products and people under development. It also accelerates our entry into new markets depending on nano-scale alternatives such as farming electronic equipment, along with the aerospace business. Thus, we’re constructing two nano-reactors in our manufacturing plant in Springdale instantly which will provide advanced nanopowders to clients across the world.”

Richard Tacker, Founder and Chief Executive Officer of Canano stated, “Our customers have seen the value our custom-designed nanopowders provide to their commodities, and as a result the need for our stuff is growing fast. By joining NanoMech we can make the most of their excellent management team, produce expertise, and scale up their production ability to serve existing and future clients.”

Dr. Ajay P. Malshe, NanoMech’s Founder, Executive VP and CTO, included, “By combining unique nanomaterial synthesis capabilities with our ability to make nano-engineered additives, coatings and composites, we will enhance our current product offerings and direct to new product breakthroughs.”

The nanopowder technology programs can include progress methods of enhancing: nutrient replacement fertilizers and environmentally safe pesticides and conductive inks for printed circuit boards, RFID’s, photovoltaic printed solar panels, solar connectors, area coatings, new era ballistics, RF shielding, self-cleaning surfaces, solar heaters, condensers , silicon wafers, solid rocket fuels, and primers.