Springdale, Ar. – July 29, 2014. Jim Phillips testified before the U.S. House of Representatives Committee on Energy and Commerce Subcommittee on Commerce, Manufacturing and Trade at a hearing titled “Nanotechnology:  Understanding How Small Solutions Drive Big Innovation.”

Rep. Lee Terry (R-NE) chairs the subcommittee and asked Phillips to share his personal experience as the head of a nano-manufacturing company, including real world challenges and choices that one in that position faces.  NanoMech creates higher value-added jobs in Arkansas, Texas and Michigan with a portfolio of advanced materials products that address nearly every sector of the economy.  NanoMech’s technologies can restore significant competitive advantage to U.S. manufacturers across many critical sectors, including machining and manufacturing, lubrication and energy, adaptive chemistries for advanced textile coatings, indestructible metal surface coatings, biomedical implant coatings and strategic military applications.

“it is a rare privilege to have the opportunity to comment on the importance of advanced nano-manufacturing and restoring U.S. comptetitiveness quickly to revitalize our most important economic engine of innovation,” said Phillips. “The United States is locked in a moon race with other major countries trying to take the lead in material and bio science nanoscale engineering research, development and commercialization in what is sure to be the next industrial revolution of progress.”

NanoMech utilizes convergent assembly to nanoengineer tremendous improvements in many products, and through this process, what is shipped is no longer at nanoscale, but vastly superior to conventionally manufactured products.  At nanoscale, manufacturers

like NanoMech can reduce or eliminate harsh chemicals and materials, and replace them with more environmentally sound and sustainable components.  The science underlying NanoMech’s products represent the best of the American R&D enterprise.  Because these products are enabling technologies that will improve the energy efficiency of industrial processes, NanoMech can actually help to restore competitive advantage to industries that have lost out to global competitors in the last few decades.

Phillips concluded his remarks by saying, “We must capitalize immediately on our great University system, our National Labs, and tremendous agencies like the National Science Foundation, to be sure this unique and best in class innovation ecosystem, is organized in a way that promotes nanotechnology, tech transfer and commercialization in dramatic and laser focused ways so that we capture the best ideas into patents quickly, that are easily transferred into our capitalistic economy so that our Nation’s best ideas and inventions are never left stranded, but instead accelerated to market at the speed of innovation so that we build good jobs and improve the quality of life and security for our citizens faster and better than any other country on our planet.”

To read Phillips’ full testimony, please click here.

About NanoMech

NanoMech Inc. was founded in 2002 and creates advanced engineering materials through patent and patent-pending nano-engineered and nano-manufactured product development.  NanoMech is a pioneer in applying breakthrough innovations to robust

areas of national interest including machining and manufacturing, lubrication and energy, and strategic military applications.  NanoMech is a member of President Obama’s Materials Genome Initiative, the U.S. Manufacturing Competitiveness Initiative (USMCI) and the U.S. Technology Leadership and Strategy Initiative, both based in Washington, DC.  For more information please visit www.NanoMech.com.