Liquidmetal® Technologies, Inc. (OTCBB:LQMT – News) today announced the signing of a manufacturing agreement with Buhler Die Casting, through its wholly owned subsidiary BuhlerPrince, Inc. to manufacture the next generation of die casting equipment for Liquidmetal alloys. The long awaited advancement to the next generation of manufacturing technology expands the applications and feasibility of deploying the Company’s Liquidmetal alloys to an even broader range of industries and products. The new machine, which is the result of collaboration by both companies, is now completed and is available for immediate deployment.
Buhler, headquartered in Uzwil, Switzerland, is a global leader in the supply of process engineering solutions. Buhler is present in over 140 countries and employs some 6,600 people. Buhler Die Casting, a division of Buhler, is a leading manufacturer of cold-chamber die casting machines in Europe, North America, and large parts of Asia, renowned in the marketplace for its cutting-edge systems for real-time control of die casting machines. Under the terms of the agreement, Buhler Die Casting will develop, manufacture and supply die casting equipment to the Company and licensees of the Liquidmetal technology to manufacture products made of Liquidmetal alloys on a global basis.
John Kang, Chairman of Liquidmetal Technologies, stated, “By partnering with Buhler Die Casting, we have engaged the most experienced experts in die casting technology to advance the manufacturing capabilities of today’s most revolutionary materials technology in Liquidmetal alloys. By equipping our Company and our licensees with these next generation machines, our Liquidmetal technology reaches a new level of manufacturing and processing capabilities with lower costs and higher quality.”
Mark Los, President and CEO of BuhlerPrince, added, “Liquidmetal alloys present an exciting technology with growing market opportunities across a broad range of industries and applications. Buhler is pleased to bring our extensive, worldwide experience in die casting equipment into our collaboration with Liquidmetal Technologies."
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