New Powder Pressing Technology Offers a Solution to the Highly Pursued Path
of Single Press/Full Density Compaction
MANASSAS, Va. and PITTSBURGH, May 19 /PRNewswire/ -- UTRON, Inc., a
Manassas VA pioneer in the development of revolutionary improvements in
materials and materials processing, has engaged the Operational Specialists
group of PRIMA Problem Solving, Inc., a multi-faceted business management
and manufacturing solutions firm with offices in Pittsburgh and State
College, PA, to assist its subsidiary, Utron Kinetics, LLC with
implementation of the technical and business development processes needed
to successfully market its new CDC Press technology to the commercial
powder pressing industry.
In addition to PRIMA Problem Solving, Utron has also engaged The McLean
Group, an investment bank, to help secure the necessary exposure and
investment for the CPC launch effort.
Rocco Petrilli, Managing Partner of PRIMA Problem Solving, has been
named Chief Operating Officer for Utron Kinetics. PRIMA Problem Solving
Operational Specialists and powder metal industry veterans Steve Meyer and
William Jandeska, Ph.D., will also be involved with the project.
"By adding PRIMA to our internal management team, we have acquired the
depth of experience and market contacts we need to establish our company as
an important provider of technologically advanced processes of value to the
commercial powder pressing industry," stated Dennis Massey, Chief Executive
Officer of UTRON, Inc. and Utron Kinetics. "We have refined the technology
to its current level and have production ready presses to the range of 1000
tons operational in our facility. Now we are anxious to take the product to
the end-user market."
"The Utron Kinetics CDC technology represents the most exciting
technological advancement that I have seen in my 25 year association with
powder processing," added Petrilli. "The continued market penetration of PM
is now tied to technological advancements like CPC pressing. Given the
current state of redundant conventional capacity in the industry,
advancements like the CDC technology offers a dual opportunity for capacity
investment that enables entry into new markets. We are excited and honored
to be a part of this effort."
Petrilli has over twenty-five years of executive management experience
in the powder metal and automotive industries. Meyer has over twenty years
experience in powder metal plant operations and maintenance management, and
Jandeska is an internationally recognized expert in the global automotive
industry.
Utron Kinetics, LLC is a wholly owned subsidiary of UTRON, Inc. The
parent is an award winning research and development company with an
exemplary history of providing advanced technological innovations to The
National Aeronautics and Space Administration (NASA), the Ballistic Missile
Defense Organization (BMDO), Department of Energy (DOE), National Science
Foundation (NSF), the Army, the Navy, and other organizations. The company
is noted for the development and application of hypervelocity mass
launchers, pulsed energy systems, and pulsed plasma drivers to commercial
products, as well as other revolutionary improvements in materials and
materials processing.
PRIMA Problem Solving, Inc. helps a wide variety of businesses solve
problems with such services as temporary executive assignments, business
brokerage, business valuation and strategic and business planning and
execution. Its Operational Specialists group focuses on business and
operational issues for manufacturing companies.
The McLean Group is a national investment bank providing merger and
acquisition (M&A), capital formation, business valuation, litigation
support and exit planning services to middle-market businesses generating
up to $500 million in annual revenues. Headquartered in Washington, DC's
technology, communications and government contracting corridor, the firm is
among the largest independent middle-market investment banks in the region.
CONTACT: Kathryn Lima 724-301-6984
| |
SOURCE PRIMA Problem Solving, Inc.
 back to top
CONTACT:
Kathryn Lima for PRIMA Problem Solving, Inc.,
+1-724-301-6984
| |
|
