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Friday, September 30, 2016 12:22:13 PM
According to Steip, LQMT formulation (via Materion) does not work on Eontec diecast machine...
Anyhow, on to important related things, below is what Stiepp said regarding the Materion alloy in Eontec machines. It's from the transcript of the March call-
Tom Steipp
"So there’s a number of questions embedded in your question there. Let me point out the first thing, George, which is this is really a marriage of two different capabilities. The EONTEC facility has a substantial number of machines today making parts for existing customers, the alloy is substantially less expensive than the alloy we use, the machines are less expensive, the material qualities that they target are generally less demanding than we see for the applications in North America and in Europe. So, what we anticipate is that some number of applications that we have foregone here in the U.S. we may transfer to them and have them produce in China. But in general, we’ll continue with the machines and the alloy that we started with here in the U.S. ENGEL machines and Materion for the applications that we’ve identified. So over time we would see an understanding of what those capabilities were. We have already gotten some of their alloys and tested it in our machines. We can use their alloy in our machines. There are some limits to us sending alloy to them. We will sort that out over time. But I think the message to our customers and our sales reps has been we now have a much broader set of capabilities that cover a much wider set of price points that we’ve been able to offer in the future and we think that will be good."
So THERE!!! Nana-na-na-na...grow some and grow up...baby.
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