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Wednesday, May 24, 2017 7:10:56 AM
and production would begin in Q3 with prototyping already completed.
"In addition, new products are underway power the use of lower cost alloys, lower cost molds, and China based production. These new capabilities provide broader and more competitive solutions to meet challenging customer requirements. To scale the business we are readying our building, a 41,000 square foot facility in nearby Lake Forest, California for volume production. We expect it to be operational in early third quarter."
"Second, we are about to receive our first two hot crucible die cast machine, leveraging technology developed by Eon. These systems produced high quality Liquimetal parts using low cost alloys. And the machines can make parts that are up to three times larger than our cold crucible systems. We are finding immediate interest in the many new applications that are enabled by this technology and have customer prototypes in China on identical machines." ~Bruce Bromage
Thats why everyone is holding.
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