| USA. Magnum Venus Products purchases Plastech Thermoset Tectonics to expand RTM focus |
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| Thursday, 02 November 2006 | |
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Company news: Magnum Venus Products, (MVP) world-wide leader in composites equipment manufacturing announced the expansion of their PrecisionTECH™ RTM equipment line and expertise with the purchase of Plastech Thermoset Tectonics. Though the RTM process has been around for many years, it has only been over the last few years that the true benefits of closed molding have begun to emerge. In 2003, MVP introduced the PrecisionTECH™ RTM line of systems and technology which encompassed everything from initial consultation to training after installation, and with the addition of the Plastech line, MVP will be the industry leader in providing high quality RTM systems and training. Plastech Thermoset Tectonics began manufacturing equipment for the composites industry in 1983. Seeing the changes in the industry, Plastech changed their focus to designing and producing the technologies, equipment and tooling necessary for the closed mold process. This led the company, and it’s founder Alan Harper, to be the leading specialists in providing efficient closed mold technology. Jim Hedger, Jr., President of Magnum Venus Products, had this to say about the purchase and focus on RTM: “I am very excited about this new opportunity for the company. MVP has always been committed to helping our customers produce a top quality product by providing them with the most innovative technology available, and for seeing where the future of the industry is going and bringing the necessary technology to market first. The purchase of Plastech is a natural partnership as MVP takes RTM technology to the next level.” “We are delighted to advance the closed mold technology with the dynamic systems provided by MVP’s recent introduction of Patriot™ technology. Such unique machinery improvements by MVP demonstrates real innovation which complements our desire to move closed mold technology to the highest level,” commented Alan Harper, founder of Plastech TT. He adds, “Composite molding companies throughout the world demand proven and affordable closed mold technology, and it is our joint desire to provide a full technology service including mold build training, added to advanced machinery design, which our partnership aims to bring to the industry.” The systems developed by Plastech are designed to process many different resin systems currently used in closed mold production including polyester, epoxy, phenolic and hybrids. Optional equipment includes Injection volume programming, catalyst flow monitoring, precise injection pressure monitoring and control, mixing and non-mixing machines and resin temperature control for machines and molds. In addition to merging the technology of Plastech with Magnum Venus Products’ existing RTM line, this merger also brings years of expertise and training in closed molding applications, and MVP is looking forward to using the expertise that Alan Harper and his team at Plastech bring as they expand their PrecisionTECH™ RTM line into the world wide market. |
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| Last Updated ( Thursday, 02 November 2006 ) |
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