YOUNGSTOWN, Ohio, August 22, 2008 - Marx GmbH & Co KG and Lake Park Tool
& Machine, Inc. announced an agreement that combines the strengths of both
companies in the supply of extrusion press controlled-temperature containers. This
technology partnership is especially timely because of the current high level of
interest in isothermal extrusion.
Marx pioneered Smart Containers with sectionally controlled heating and cooling in
the 1980's, and has been developing and refining its world-renowned technology
since then. Lake Park, which was founded in 1950, has built or refurbished more
than 10,000 containers. Recently, it introduced its own line of containers for
isothermal extrusion, but under this new agreement that line will be superceded by
the Marx Smart Container.
The technology partnership will bring the best of both companies' abilities together to
provide extruders with unparalleled design and manufacturing. Marx will engineer
the containers and control systems, build the electric heating elements and thermal
sensors, and provide the needed hardware and software. Lake Park, will provide a
highly skilled manufacturing source to produce the containers, and a U.S. marketing
focus for the Marx Smart Containers.
Wolfgang Eckenbach, General Manager of Marx, and Oscar Lund, President of Lake
Park, said the agreement will enhance the abilities of both companies to serve the
extrusion industry's growing need for isothermal extrusion equipment.
Lake Park Tool & Machine, Inc.
1221 Velma Court Youngstown, OH 44512
330-788-2437 Fax: 330-788-4946
web site www.lakepark.com
For additional information, contact:
330-788-2437 or firstname.lastname@example.org