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Category Archive: Press Release

NanoMech’s Award Winning TuffTek® Cutting Tools Chosen by Precision Castparts Corp. Subsidiary Wyman-Gordon

Worldwide Supplier to Aerospace Industry Utilizing Nanoengineered Cutting Tools from NanoMech for Aerospace Component Manufacturing

 

paris-air-show-2015Paris, France – June 16, 2015. Precision Castparts Corp. PCC, (NYSE), subsidiary Wyman-Gordon based in Houston, Texas a worldwide supplier to the aerospace industry has implemented into their manufacturing process NanoMech’s award winning cutting tools for advanced machining of the world’s best aerospace manufacturer components. Wyman Gordon holds quality accreditations for all of the major airframe and engine manufacturers for both civil and military applications. Wyman-Gordon creates rotating closed-die forgings which are critical for aerospace applications. Wyman-Gordon also manufactures structural forgings for airframe, nuclear, petrochemical, power generation, and space applications.

Wyman-Gordon is the premier forging company for the global aerospace and energy markets. Providing a specialized service, Wyman-Gordon manufactures forged components from high grade titanium and nickel based alloys. Such components are used for jet engines, including fan disks, compressor disks, turbine disks, and shafts. They also produce titanium and steel forgings for airframes, including wing beams, wing boxes, door and window frames, as well as nacelle and landing gear components. Per Wyman Gordon, “our reputation, market position, and operational efficiency are reliant upon our demonstrated ability to continually improve.”

Jim Phillips, NanoMech CEO, “The TuffTek® platform is the Company’s patented, award winning and nanoengineered advanced cutting tool and coating technology incorporated into cutting tools and wear parts for machining materials used in automotive, aerospace, energy and other sectors, and critical wear parts for machines and vehicles. Its novel bio-inspired surface architecture—designed to mimic a lotus leaf—is capable of self-sustained lubrication. A tool or wear part coated with the TuffTek® technology can outlast any similar tool on the market today. We are delighted and very proud to be serving PCC’s Wyman Gordon subsidiary as they represent the best in class in Aerospace machining.”

TuffTek® extreme wear resistant coating product lines of cutting tools and critical machine wear parts provide innovative solutions for enhancing machining productivity as high as 100-1000% for many manufacturing applications, compared to traditional cutting tools, and machines most cnanomech-aero-logoommonly used, as well as difficult-to-machine alloys such as titanium, high nickel alloys, pre-hardened steel, hardened steels, cast iron, and others which are the back bone of automotive and trucking, aerospace, military, earthmover and other strategic industries. This invention is a major sustainability solution as TuffTek® coated carbide significantly extends the life of tungsten, which is a mission critical strategic element for manufacturing in the U.S. and globally, but is significantly declining in availability. TuffTek® extreme wear resistant coating technology and products also allow dry or minimum-quantity-lubrication (MQL) machining operation where millions of gallons of machining liquid could be saved annually! The combination of exceptional wear resistance and unsurpassed toughness which as an invention is inspired-by-nature, brings TuffTek® cutting tools performance beyond any other cutting insert presently on the market.

NanoMech’s TuffTek® cutting tools have been awarded the R&D 100 Award, the Edison Award, and the Tibbets Innovation Award from the EPA over the last year.

Dr. Ajay Malshe, Chief Technology Officer and Founder of NanoMech said, “TuffTek® has redefined and revolutionized the cutting tool industry by significantly improving the wear resistance of the tools as well as their precision, finishes and heat resistance, especially through the world’s first cubic boron nitride (cBN) coated products. TuffTek® suite of products’ performance enhancement represent a monumental improvement in the cutting tools industry and are due in large part to the new products’ cBN and nanocomposite patents using bioinspired and nano-engineered technology for advanced machining of energy, automotive and aerospace components. In addition the new coatings save valuable and increasingly scarce materials such as carbide.”

TuffTek® has also received numerous accolades and awards, including the Frost & Sullivan Award for Excellence in Technology. The industry’s leading trade journal, Cutting Tool Engineering Magazine, has dubbed TuffTek as the “holy grail of coating” in a major article. Additionally, U.S. federal agencies have shown their support for the technology by awarding NanoMech project grants for various applications of the technology. 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.

Deborah Wince-Smith, CEO of the Council on Competitiveness (www.compete.org) and also a member of NanoMech’s Board of Directors, praises NanoMech for their innovative work. “In a world of turbulence, transition and transformation, nothing matters more to the competitiveness of companies and countries than innovation and manufacturing prowess. The ability to develop and deploy the most cutting-edge tools and products to bolster U.S. advanced manufacturing will deliver outsized benefits to the U.S. industrial base. NanoMech and TuffTek® are at the leading edge of a resurgent U.S. manufacturing capability – one that is not dumb, dirty, dangerous and disappearing: but is smart, safe, sustainable and surging.”

About Precision Castparts Corp., PCC, (NYSE)
Precision Castparts Corp. is a worldwide, diversified manufacturer of complex metal components and products. It serves the aerospace, power, and general industrial markets. PCC is a market leader in manufacturing large, complex structural investment castings, airfoil castings, forged components, aerostructures and highly engineered, critical fasteners for aerospace applications. In addition, the Company is a leading producer of airfoil castings for the industrial gas turbine market. PCC manufactures extruded seamless pipe, fittings, forgings, and clad products for power generation and oil & gas applications; commercial and military airframe aerostructures; and metal alloys and other materials to the casting, forging, and other industries.

About NanoMech
Every day, NanoMech is shipping globally to Fortune 100 companies as well as to emerging companies who have chosen to innovate their way to the top by incorporating our nano-engineered solutions into disruptive and far more competitive products. Overnight, NanoMech has brought revolutionary and transformative innovation to world leaders in aerospace manufacturing; energy manufacturing, exploration and service; auto, truck and marine manufacturing; Indy and NASCAR racing; agriculture and construction equipment manufacturers; refining and formulating lubrication manufacturers; textile manufacturers; and advanced military applications.

NanoMech invests in world class people, ideas and tools to increase competitiveness in the global marketplace. We bring ideas from innovation to implementation, introducing nanomanufactured products to target markets in record time. This has led to our development of The Best Grease in the World™, and The Best Cutting Tools in the World™. Nanomanufacturing is anticipated to be the fastest growing technological and commercial innovation in the 21st Century.

NanoMech is focused on patented platform nanomanufacturing technologies that offer a broad range of high value market opportunities. The operating vision of NanoMech is to be the Six Sigma world leader in nanomanufacturing innovation with swift product development and an emphasis on platform technologies that are scalable for efficient mass production. See www.NanomechMovie.com.

Media Contact
Faye Keller
Faye.Keller@nanomech.com
479.725.8003

NanoRazorback Artwork Donated to University of Arkansas College of Engineering

Dr. Ajay Malshe, Dr. John English, Jim Phillips stand in front of artwork donated to the University of Arkansas College of Engineering

Dr. Ajay Malshe, Dr. John English, Jim Phillips stand in front of artwork donated to the University of Arkansas College of Engineering

Fayetteville, Arkansas – NanoMech today donated an original piece of art commissioned for the University of Arkansas College of Engineering to be placed on permanent display in the Nanoscale Institute on campus. This donation is dedicated in appreciation for the many talented UA alumni that have joined NanoMech as full time employees. Jim Phillips, Chairman & CEO of NanoMech, said, “approximately 70% of our employees are University of Arkansas graduates. This relationship is important to the continued growth and success of our company, and NanoMech benefits from having access to the first class microscopy center based in the UA Engineering Nanoscale Institute.” He told the story of how NanoMech started with a folding table and two tremendous scientists located outside a public restroom in the Genesis Building, to today occupying over 50,000 square feet of manufacturing, laboratory and production facilities in the Company’s world headquarters in Springdale, and recent expansions of four divisions including Automotive in Detroit; Energy, in Houston; Aerospace in Dallas; and Transport, based in Fayetteville.

Dr. John English, Dean of College of Engineering, praised NanoMech for winning the most prestigious national innovation awards over the last year including the R&D 100 Award, the Edison Award, and the Tibbetts Award. “It is our great pleasure to be part of the public-private partnership with NanoMech,” commented English. “Mr. Phillips has assembled an outstanding Board of Directors, and led an investment round to move this terrific technology to the market used in manufacturing worldwide.”

Dr. Ajay Malshe, Chief Technology Officer, said, “From humble beginnings, that included outstanding support from the Dean of Engineering and The University of Arkansas, we have matured to serving many Fortune 500 companies globally with very advanced nanoscale solutions that are winning on the Indy Race tracks; operating undersea and on major rigs under extreme conditions in energy exploration and safety; helping aerospace build lightweight, fuel efficient jet engines; increasing performance for thousands of HD trucks across American highways; innovating super durable and very lightweight wheels and automotive components; increasing the reliability and life of engines while constantly improving manufacturing processes and dramatically reducing costs making America far more competitive.”

About NanoMech
NanoMech Inc. 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.

Products include nGlide®, which has revolutionized lubricants, radically reducing friction and wear at the atomic scale while increasing load carrying capacity under the most extreme pressures. The only macromolecular solution, nGlide® increases performance, durability and reliability – achieving top machine performance like never before. This industry-leading, transformative nano science is light years ahead of the competition and is transforming the entire industry.

TuffTek®, our revolutionary coatings make tools last longer than ever before. In fact, our cutting tools are the longest-lasting available on the market anywhere. TuffTek® is a game-changing breakthrough in cutting tool solutions, which combines the extreme hardness and high temperature performance of cubic boron nitrade though the use of our patented nanotechnology with the industry leading combinatorial chemistries. These nanostructured and engineered cutting tools have been recognized as what Cutting Tool Engineering magazine calls “The Holy Grail” of insert coatings.

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, based in Washington, DC. For more information please visit www.NanoMech.com and www.NanoMechMovie.com.

Grand Opening for the Springdale campus

Printed at Lowell Nov 22, 2014 nwaonline.com 64 pages 10 sections

GRAND OPENING



Jim Phillips, Gov. Mike Beebe, Ajay Malshe

Gov. Mike Beebe, center, looks at a painting Friday with Jim Phillips, left, chairman and CEO of NanoMech, Ajay P. Malshe, founder and chief technology officer of NanoMech, at a grand opening for Nanomech’s facility at their campus in Springdale. NanoMech had the painting commissioned, which features several hexagons, to be given to the University of Arkansas school of engineering. The new space is 29,000 square feet and will triple production.

Deborah Wince-Smith
Deborah Wince-Smith, president of the U.S. Council on Competitiveness, gives a short speech at the grand opening for NanoMech’s new facility.

NanoMech Hosted Grand Opening for New Global Headquarters

Jim Phiilips, Chairman & CEO, Gov. Mike Beebe, Dr. Ajay Malshe, CTO & Founder, and Grant Tennille, Executive Director, AEDC

Jim Phiilips, Chairman & CEO, Gov. Mike Beebe, Dr. Ajay Malshe, CTO & Founder, and Grant Tennille, Executive Director, AEDC

SPRINGDALE, Ark. (Nov. 21, 2014) – NanoMech, a world leader in nanotechnology nanomanufacturing innovation, celebrated the opening of its new global headquarters, factory, and laboratory today in Springdale. The 29,000-square-foot facility sitting on a nine-acre future campus, will triple the size of current production, allowing NanoMech to meet current market demands for its products.

“Nanotechnology and nanomanufacturing are revolutionizing the process in which products are made,” said Jim Phillips, NanoMech chairman and CEO. “The world runs on machines and machines run on lubricants.

Now, many of the world’s machines will depend on NanoMech’s inventions and national award-winning products. Machines also have to be precision cut, and NanoMech nanoengineers the best wear-resistant coatings and cutting tools in the world. NanoMech was founded in northwest Arkansas, and we are proud to center our global headquarters in a dynamic city like Springdale, which is home to some of the best companies and industries in the United States.”

Gov. Mike Beebe served as the keynote speaker for the event and was joined by John Bartos, vice president of development and technology of Cameron International Corporation, Reuben Sarkar, deputy assistant secretary for transportation with the Department of Energy, and Ms. Deborah Wince Smith, the CEO of America’s Council on Competitiveness.

Touring NanoMech's expanded production facilities

Touring NanoMech’s expanded production facilities

“NanoMech is an Arkansas economic development success story,” said Gov. Beebe. “Four years ago I cut the ribbon on what was mostly an empty building filled with promise. Today, the promise has been fulfilled and NanoMech has grown to be a leader worldwide in material science with incredible nanoscale innovations.”

Founded in 2002, NanoMech has brought revolutionary and transformative innovation to a wide array of industries including: manufacturing, lubrication and energy; adaptive chemistries for advanced textile coatings, indestructible metal surface coatings, biomedical implant coatings; and strategic military applications.

“Cameron engineers, designs, and manufactures value-driven solutions for the global oil and gas industry,” said Bartos. “One of our biggest breakthroughs occurred last year when we commercialized our private label EVERMAX™ lubricant, a low-friction coating developed by NanoMech for our flow control system located all over the world including sub-sea. This partnership has been a major contributor to Cameron’s success, and we look forward to continuing our work with NanoMech in years to come.”

Deborah Wince-Smith, CEO American Council on Competitiveness

Deborah Wince-Smith, CEO American Council on Competitiveness

Deborah Wince-Smith, CEO of the American Council on Competitiveness and also a member of NanoMech’s Board of Directors, praises NanoMech for their innovative work. “In a world of turbulence, transition and transformation, nothing matters more to the competitiveness of companies and countries than innovation and manufacturing prowess. The ability to develop and deploy the most cutting-edge tools and products to bolster U.S. advanced manufacturing will deliver outsized benefits to the U.S. industrial base. NanoMech is at the leading edge of a resurgent U.S. manufacturing capability – one that is not dumb, dirty, dangerous and disappearing; but is smart, safe, sustainable and surging.”

About NanoMech:

NanoMech’s award-winning innovations in critical application sectors are making a difference to improve quality of life. NanoMech was founded in 2002 and today the company has given the world breakthrough nano-innovations in machining and manufacturing; lubrication and energy; adaptive chemistries for advanced textile coatings, indestructible metal surface coatings, biomedical implant coatings; and strategic military applications.

Every day, NanoMech is shipping globally to Fortune 100 companies as well as to emerging companies that have chosen to innovate their way to the top by incorporating nanoengineered solutions into disruptive and far more competitive products. Overnight, NanoMech has brought revolutionary and transformative innovation to world leaders in energy manufacturing, exploration and service; auto, truck and marine manufacturing; Indy and NASCAR racing; agriculture and construction equipment manufacturers; refining and formulating lubrication manufacturers; aerospace manufacturing; textile manufacturers; and advanced military applications.

NanoMech invests in world-class people, ideas, and tools to increase competitiveness in the global marketplace. We bring ideas from innovation to implementation, introducing nanomanufactured products to target markets in record time. Nanomanufacturing is anticipated to be the fastest-growing technological and commercial innovation in the 21st Century.

NanoMech is focused on patented platform nanomanufacturing technologies that offer a broad range of high-value market opportunities. The operating vision of NanoMech is to be the Six Sigma world leader in nanomanufacturing innovation with swift product development and an emphasis on platform technologies that are scalable for efficient mass production.

For more information regarding NanoMech, visit www.nanomech.com.

U. S. Government Accountability Office (GAO) Chief Scientist Tours NanoMech’s Factories and Laboratories

Springdale, Ark. – August 1, 2014.  Today, the Chief Scientist for the U.S. Government Accountability Office (GAO) Dr. Timothy Persons visited Northwest Arkansas to meet with NanoMech and tour their facilities in Springdale and Fayetteville.  At the request of the U.S. House of Representatives Committee on Science, Space, and Technology, Dr. Persons led a strategic forum on nanomanufacturing to explore participants’ views concerning
image02sl193fyKijb7khEk1o7PNrw: 1) the anticipated scope of future nanomanufacturing developments and related effects; 2) U.S. investments and competitiveness in nanotechnology R&D; 3) options for enhancing U.S. nanomanufacturing competitiveness; and 4) issues in addressing the environmental, health, and safety implications of nanomanufacturing.  As a result of key input from expert forum participants, which included NanoMech Chairman & CEO Jim Phillips, the GAO published a 2014 report titled Nanomanufacturing: Emergence and Implications for U.S. Competitiveness, the Environment, and Human Health (GAO-14-181SP).  Dr. Persons also wrote an Op-Ed for Scientific American titled Does the American Innovation System Need a Reboot? (A link to the full report can be found here.)

Dr. Persons visited NanoMech’s advanced nanomanufacturing plant and laboratories, including a tour of the 25,000 sq. ft. expansion that is underway and due for completion in September.

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Jim Phillips, Chairman & CEO of NanoMech, Testifies Before U.S. House Subcommittee

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

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NanoMech Welcomes Prince Saud bin Khalid Al-Faisal to Arkansas

Eisenhower Fellow Visits Springdale
as Part of Cross Country Tour

SPRINGDALE, AR – June 20, 2014. It is not every day that a Saudi Arabian Prince requests to visit a business in Northwest Arkansas, but that is just what happened recently when Prince Saud bin Khalid Al-Faisal piloted his own plane in to visit NanoMech. Prince Saud is the Deputy Governor for Investment Affairs, Saudi Arabian General Investment Authority (SAGIA) and President, National Competitiveness Center (NCC). He is responsible for enhancing the competitiveness of Saudi Arabia and is utilizing his Eisenhower Fellowship to investigate new approaches to sustainable economic growth, diversification, and exploring innovations to increase his country’s business potential.

prince-saud-bin-khalid

Jim Phillips, Prince Saud K. Al-Faisal and Arkansas Governor Mike Beebe

NanoMech is recognized as a leader in innovation and technology. Their breakthroughs in nanomaterials and manufacturing include the first cubic boron nitride coating for machine tools and advanced nanoengineered lubricants. The company’s products have applications in very advanced machining and manufacturing, lubrication and energy, sustainable protective multi-functional coatings for textiles and other consumer products, strategic military applications and biomedical implant coatings. In the last year, NanoMech has been presented with the prestigious R&D 100 Award, the Edison Award and most recently, the Tibbetts Award, making it the only company in Arkansas’ history to sweep all three awards.

“This has certainly been an excellent year for NanoMech,” Chairman and CEO Jim Phillips said. “The company continues to gain momentum and it is the innovators who will help drive results, efficiencies and progress.” Phillips also noted, “Our groundbreaking products dramatically improve performance, durability and sustainability, while significantly decreasing costs to manufacture.”

Deborah Wince-Smith, CEO of the Council on Competitiveness (www.compete.org) and also a member of NanoMech’s Board of Directors, praises NanoMech for their innovative work. “In a world of transformation, nothing matters more to the competitiveness of companies and countries than innovation and manufacturing prowess. The ability to develop and deploy the most cutting-edge tools and products to bolster U.S. advanced manufacturing will deliver outsized benefits to the U.S. industrial base. NanoMech is at the leading edge of a resurgent U.S. manufacturing capability rich with innovation. Prince Saud is also a Director of the Global Federation of Competitiveness Councils which is keenly interested in innovation, especially nanotechnology.”

The Prince toured NanoMech’s factory, laboratories and world headquarters in Springdale and met with Mr. Phillips and Dr. Ajay Malshe, NanoMech’s CTO and Founder to discuss opportunities involving NanoMech’s revolutionary enhanced fossil fuel technology. A trip has been planned for Mr. Phillips and Dr. Malshe to visit key R&D facilities in Saudi Arabia.

Prince Saud also visited the Institute of Nanoscience and Engineering at the University of Arkansas. “The Institute of Nanoscience and Engineering is a major regional asset to The Region as nano engineering companies can utilize the vast array of scientific apparatuses and electron microscopes to help advance their technology and industry breakthrough products that increase America’s global manufacturing competitiveness,” Phillips said. NanoMech rents the Institute’s scanning electron microscope for surface morphology, cross-sectional analysis and elemental analysis. It uses the Institute’s transmission electron microscope for grain/crystal size analysis and elemental analysis, and its X-ray diffraction allows the firm to determine crystal structures/orientation for estimating crystalline.

As part of the visit to NanoMech, Prince Saud was provided a special tour of Crystal Bridges Museum of American Art by Chairman and Founder Alice Walton. While on the museum tour, Prince Saud had the opportunity to also meet Walmart CEO Doug McMillon and members of the Crystal Bridges Board of Directors.

Prince Saud then visited with Governor Beebe and Phillips at the Capitol to talk about the economic impact companies like NanoMech have on the State’s economy and how the innovations that are developed as a direct result of the work they are doing position the State as a leader in groundbreaking technology and international commerce.

Governor Beebe had an engaging discussion with Prince Saud on the history of Saudi Arabia, it’s government, culture and business models.

About Eisenhower Fellowships
Eisenhower Fellowships exists to inspire leaders around the world to challenge themselves, to think beyond their current scope, to engage others, including outside of their current networks, and to leverage their own talents to better the world around them. The central operational responsibility is to find people who can envisage, as Dwight Eisenhower did, a more prosperous, just and peaceful world, and have the passion to pursue specific activities with real impact to achieve those goals.

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.

NanoMech’s TuffTek® Chosen as Prestigious 2014 Tibbetts SBIR Award Winner

The United States SBA Selects TuffTek® as
Recipient of “ The Best in SBIR Award”


Ajay Malshe and Jim Phillips with EPA ProgramManager April Richards

Ajay Malshe and Jim Phillips with EPA Program
Manager April Richards

Springdale, Ark. – June 16, 2014. The U.S. Small Business Administration announced today that NanoMech’s TuffTek® is a winner of the coveted 2014 Best in SBIR (Small
Business Innovative Research) Award. This award places TuffTek® in an elite class of innovative products and recognizes it as one of the most technologically significant
products introduced in the marketplace of the past year.

“This has certainly been an excellent year for NanoMech,” Chairman and CEO Jim Phillips said. “The company continues to gain momentum and receiving The 2014 Tibbetts Award as The Best in SBIR is a tremendous honor for the NanoMech team.”

Mr. Javier Saade, Associate Administrator for the SBA issued the following statement: “Today, we recognize the cream of the crop – those companies and individuals across the country that have used their SBIR funds to successfully advance technological innovation and stimulate economic growth.”

“We congratulate EPA SBIR recipient, NanoMech, on their 2014 Tibbetts award and are proud to have helped support their development and commercialization of innovative green manufacturing technologies that help protect human health and the environment,” said Environmental Protection Agency Program Manager, April Richards.

As the world economy begins to ramp back up, it is the innovators, Phillips notes, who will help drive results, efficiencies and ultimately profitability. “TuffTek® is a groundbreaking product that is manufactured using Atomically Precise Manufacturing (APM). When applied to cutting tools, TuffTek® dramatically increases the tool’s precision cutting performance, durability and sustainability while significantly decreasing the company’s costs to manufacture. It is a win-win product, for the customer, the market and the environment.”

Deborah Wince-Smith, CEO of the Council on Competitiveness (www.compete.org) and also a member of NanoMech’s Board of Directors, praises NanoMech for their innovative work. “In a world of turbulence, transition and transformation, nothing matters more to the competitiveness of companies and countries than innovation and manufacturing prowess. The ability to develop and deploy the most cutting-edge tools and products to bolster U.S. advanced manufacturing will deliver outsized benefits to the U.S. industrial base. NanoMech and TuffTek® are at the leading edge of a resurgent U.S. manufacturing capability – one that is not dumb, dirty, dangerous and disappearing; but is smart, safe, sustainable and surging.”

Ajay P. Malshe, CTO/Founder of NanoMech and inventor said, “TuffTek® has redefined and revolutionized the cutting tool industry by significantly improving the wear resistance of the tools as well as their precision and heat resistance, especially though world’s first cubic boron nitride (cBN) coated products. TuffTek® suite of products’ performance enhancement represent a monumental improvement in the cutting tools industry and are due in large part to the new products’ cBN and nano-composite patents using bioinspired and nano-engineered technology for advanced machining of energy, automotive and aerospace components. In addition the new coatings save valuable and increasingly scarce materials such as carbide and can even significantly reduce the useof oil in industry through dry cutting, saving some of the millions of gallons of oil coolants used in machining.”

NanoMech is the only Arkansas company to win The 2014 Tibbetts Award. In the last year, NanoMech has been recognized for winning The Edison Award and the R&D 100 Award as well, making it the only company in Arkansas history to sweep all three Awards.

The Tibbetts Award goes to the highest level of emerging technology companies and organizations in our Country. Previous winners have included Qualcomm, Symantec, iRobot, Genzyme Corporation, Goodrich, Northrup Grumman, the National Cancer Institute, Boeing, and many others. This year, previous winner Intuitive Surgical, Inc., who created the groundbreaking DaVinci Surgical System, a robotic assisted minimally invasive surgery system that has revolutionized the healthcare industry, received special recognition.

About the Tibbetts Awards

The Tibbetts awards are presented annually to those who are beacons of promise and models of excellence in high-technology. Winners are selected based on the economic impact of their technological innovation, and the extent to which that innovation served federal R&D needs, encouraged diverse participation and increase the commercialization of federal research. The Tibbetts Awards are presented to small businesses and individuals judged to exemplify the best in the SBIR program. The award is named for Roland Tibbetts, acknowledged as the father of the Small Business Innovation Research (SBIR) program, and is presented to companies and individuals that promote the mission and goals of the SBIR Program:

  • to stimulate technological innovation;
  • to use small business to meet federal research and development needs;
  • to encourage diverse participation in technological innovation;
  • to increase commercialization of Federal research.

About the SBA
Created in 1953, the U.S. Small Business Administration (SBA) helps Americans to start, grow and succeed with their own companies. The Agency’s mission is described as the three C’s: facilitating access to capital, providing counseling, and ensuring emerging business’s receive a quarter of Federal contract dollars.

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.

NanoMech Named Edison Awards Winner

phillips-malshe-edison-award-smSpringdale, Ark. (April 18, 2014) – TuffTek by NanoMech has been named a 2014 Award Winner by the internationally renowned Edison Awards™. The distinguished awards, inspired by Thomas Edison’s persistence and inventiveness, recognize innovation, creativity and ingenuity in the global economy.

“It’s exciting to see companies like NanoMech continuing Thomas Edison’s legacy of challenging conventional thinking,” said Frank Bonafilia, Edison Awards’ executive director. “Edison Awards recognizes the game‐changing products and services, and the teams that brought them to consumers.” These award winners will be recognized April 30, 2014 at the Edison Awards Annual Gala, held in the historic Julia Morgan Ballroom in San Francisco, CA.

Added Jim Phillips, NanoMech CEO, “The TuffTek platform is the Company’s patented, award winning and nanoengineered advanced coating technology incorporated into cutting tools and wear parts for machining materials used in automotive, aerospace, energy and other sectors, and critical wear parts for machines and vehicles. Its novel bio-inspired surface architecture—designed to mimic a lotus leaf—is capable of self-sustained lubrication.  A tool or wear part coated with the TuffTek technology can outlast any similar tool on the market today.  TuffTek is a true R&D success story.”

TuffTek®  extreme wear resistant coating product lines of cutting tools and critical machine wear parts provide innovative solutions for enhancing machining productivity as high as 100-1000%  for many manufacturing applications, compared to traditional cutting tools, and machines most commonly used, as well as difficult-to-machine alloys such as pre-hardened steel, hardened steels, cast iron, and others which are the back bone of automotive and trucking, aerospace, military, earthmover and other strategic industries. This invention is a major sustainability solution as TuffTek® coated carbide significantly extends the life of tungsten, which is a mission critical strategic element for manufacturing in the U.S. and globally, but is significantly declining in availability. TuffTek® extreme wear resistant coating technology and products also allow dry or minimum-quantity-lubrication (MQL) machining operation where millions of gallons of machining liquid could be saved annually! The combination of exceptional wear resistance and unsurpassed toughness which as an invention is inspired-by-nature, brings TuffTek® cutting tools performance beyond any other cutting insert presently on the market.

Edison Award nominees are judged by more than 3,000 senior business executives and academics from across the nation whose votes acknowledge the Finalists’ success in meeting the award’s stringent criteria of quality.

Dr. Ajay Malshe, Chief Technology Officer and Founder, was honored by the award and immediately thought of those with whom he has worked.  “NanoMech could not have received this prestigious award without the tireless work of our world-class team of scientists, including Dr. Wenping Jiang, Vice President of Manufacturing.  I would also like to thank the teams at the Nano Materials Science and Engineering Institute at the University of Arkansas, the National Science Foundations and the Environmental Protection Agency for their contributions over the years”.

NanoMech is an internationally recognized world-class nanomanufacturer with top award winning breakthrough innovations in machining, coatings, lubrication and strategic military applications.

In addition to the Edison Award Finalist honor in Materials Science, TuffTek has received numerous accolades and awards, recently receiving the coveted R&D 100 Award in November, 2013. The Company has also received the Frost & Sullivan Award for Excellence in Technology. The industry’s leading trade journal, Cutting Tool Engineering Magazine, has dubbed TuffTek as the “holy grail of coating” in a major article. Additionally, U.S. federal agencies have shown their support for the technology by awarding NanoMech project grants for various applications of the technology.  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.

Deborah Wince-Smith, CEO of the Council on Competitiveness (www.compete.org) and also a member of NanoMech’s Board of Directors, praises NanoMech for their innovative work.  “In a world of turbulence, transition and transformation, nothing matters more to the competitiveness of companies and countries than innovation and manufacturing prowess.  The ability to develop and deploy the most cutting-edge tools and products to bolster U.S. advanced manufacturing will deliver outsized benefits to the U.S. industrial base.  NanoMech and TuffTek are at the leading edge of a resurgent U.S. manufacturing capability – on that is not dumb, dirty, dangerous and disappearing:  but is smart, safe, sustainable and surging.”

The Edison Awards is a program conducted by Edison Universe, a 501(c)(3) charitable organization dedicated to fostering future innovators. The 2014 Edison Awards are sponsored by Lpsos. For more information about the Edison Awards, Edison Universe and a list of past winners, visit www.edisonawards.com.

NanoMech Breaks Ground on Global Campus

Production Factory to be Completed by July

breaking-ground-2014

Springdale, Ark. (March 31, 2014) – Today NanoMech will host the Springdale Chamber of Commerce and are a leaders during its ground breaking ceremony, to be held at 2pm at the Springdale factory. The approximate 25,000 square foot building will triple the size of current operations and will serve as the
company’s world headquarters, with an anticipated completion date in September. While the new facility will connect to the existing building, the company has purchased the adjacent 7.3 acre tract for future development providing the company with the ability to expand on a contiguous 9 acre campus.
Miller Boskus Lack Architects, P.A. of Fayetteville, Arkansas, designed the new headquarters factory and labs. Arkansas based Kinco Constructors is the general contractor.

phillips-speach“NanoMech is a global nanomanufacturing company founded right here in Northwest Arkansas,” said NanoMech CEO Jim Phillips. “The new factory and expanded headquarters will also allow us to meet current demand for our products while advancing ongoing research and development efforts. This state-of-the-art, smart manufacturing facility and laboratories will further position our products and scientists as some of the best and most innovative in the world.”

”This advanced facility will allow us to accelerate the development and commercialization of innovative products that people have only dreamed of before,” said Dr. Ajay P. Malshe, NanoMech Founder and CTO said. “Aggressive demand for our technology suggests the need for rapid scale-up production to meet government and private sector orders for our breakthrough products”. The initial production factory will be complete by July. NanoMech is located at 2447 Technology Way in Springdale, with additional offices in Dallas and Houston, TX and Detroit, MI, as well as an accounting and finance office at the University of Arkansas Research Park Enterprise Center.

NanoMech, founded in 2003, is the result of a successful public/private partnership (PPP) between the private sector, the State of Arkansas, major universities, and the federal government. State and city officials worked alongside company leadership to make the company’s new global campus become a reality. By focusing on execution, innovation completion, and directed investment, each NanoMech platform technology has reached commercial status and scalability, addressing multi-billion dollar markets while providing immediate disruptive and transformative improvements to existing products in the marketplace.

The editors of R&D Magazine awarded NanoMech’s TuffTek® the coveted R&D 100 Award in 2013. The company’s core patents were issued recently by the USPTO, providing significant increased value and protection.

About NanoMech
NanoMech is an internationally recognized pioneer in applying breakthrough innovations to critical 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. The company maintains sales offices around the country and an approximate 5000 square foot research and development facility at the University of Arkansas Research Park Enterprise Center. The U.S. Government Accountability Office has just issued a report describing nanomanufacturing as a future megatrend that will potentially match or surpass the digital revolution’s effect on society and the economy. For more information please visit www.NanoMech.com and www.TheNanoverse.com.

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