Parmatech Establishes East Coast Metal Injection Molding Operation


New East Providence Factory

PETALUMA, CA - Parmatech Corporation, a leading provider of custom manufactured metal injection molded (MIM) components and services, announced that Parmatech-Proform Corporation (Proform), has acquired a manufacturing facility in East Providence, Rhode Island. The new facility will serve as Proform's future headquarters.

Proform was acquired by ATW in 2009 specifically to augment and compliment Parmatech's California-based MIM operation. Both Parmatech and Proform will focus on metal injection molding and secondary MIM operations for the medical, telecommunications, firearms, handtools, semiconductor, and electronic packaging markets. The existence of two separate facilities offers these markets significantly enhanced logistical and security benefits.

The 25,000 square foot East Providence facility will be fully operational by summer 2010. Until then, operations will continue in the current New Bedford location. According to Peter C. Frost, president of ATW Companies, Inc., "MIM is a very exciting technology which has now established itself as a mainstream metal fabrication technique. By acquiring Proform and setting them up in their own purpose-built, state-of-the-art facility, we will be in a position to offer not only our award winning technical expertise in MIM, but logistical and redundancy benefits as well."

Among ATW's many product capabilities are waveguide tubing, machined parts, sidewall frames, medical components, precision metal tubing, and stamped metal parts. ATW brings 100 years of experience working with a variety of industries and diverse technologies, including aerospace, automotive, chemical processing, defense/firearms, electronics, frequency control, instrumentation, jewelry and silversmith, medical, and superconductor technologies.

ATW Companies is the parent company of A. T. Wall Company (Warwick, RI), Judson A. Smith Company (Boyertown, PA), Parmatech Corporation (Petaluma, CA), and now Parmatech-Proform (soon to be in East Providence, RI).

About Parmatech Corporation

Since 1972, Parmatech Corporation has been a leading provider of custom manufactured Metal Injection Molding (MIM) components and services. Through proprietary process and material technology, Parmatech provides a robust set of solutions to meet the challenges of their customers around the world. Developed from over thirty-five years of operational experience, Parmatech's unique set of tools provide solutions to even the most demanding MIM applications.

Parmatech Corporation is part of the ATW family of companies and is the recipient of seven Grand Prize Awards, seven Awards of Distinction and two Awards of Achievement, a total of sixteen awards from the Metal Powder Industry Federation (MPIF). For more information on Parmatech Corporation, visit www.parmatech.com , call 1-800-709-1555 or write dlauck@parmatech.com.

About ATW Companies

Headquartered in Warwick, RI, ATW Companies runs state-of-the-art manufacturing facilities located in California, Pennsylvania, and Rhode Island. ATW Companies offers global sales and support and is a highly engineered metal solution provider to the metal component marketplace servicing customers worldwide. ATW provides a wide range of fabrication technologies to meet the exacting requirements of industries and diverse technologies for the most critical applications. Through continuously adding value and innovation to their products and services, ATW offers the best solutions for customers and their partners.

Press Contact:

Kristin Nugent

Gray & Rice Public Relations

(617).367.0100 x 148

knugent@gr2000.com

All Topics