Swagelok Company Commercializes Breakthrough Technology
First Customer Order Launches New Third Frontier Grant-Supported Surface Enhancement Business in Ohio
SOLON, Ohio (July 26, 2007) Swagelok Company today announced the first customer order for its recently formed Swagelok Technology Services Company (STSC), a wholly-owned subsidiary of Swagelok. The U.S. Naval Research Laboratory has placed a proprietary order for treatment of alloy specimens with the Swagelok® SAT12SM patented surface-hardening process. This breakthrough technology is a method for heat treating austenitic stainless steels that enables large-scale carbon absorption, dramatically improving hardness and other performance characteristics.
STSC was formed this year after a $5.5 million Third Frontier Grant from the Ohio Department of Development was awarded to Swagelok to market and commercialize its SAT12 process into a commercially viable, Ohio-based metals surface enhancement business. "Our work to date has proved the technology, and we see enormous opportunities to help customers who are looking for solutions in tough applications that require both hardness and corrosion resistance," said John Buda, president STSC. The SAT12 process offers other benefits as well. Buda continues, "The process is environmentally friendly and can be performed on a customer's finished components without distortion or change of dimension."
Headquartered in Solon, Ohio, U.S.A., Swagelok Company is a major developer and provider of fluid system solutions, including products, assemblies, and services for the research, instrumentation, pharmaceutical, oil and gas, power, petrochemical, alternative fuels, and semiconductor industries. Its manufacturing, research, technical support, and distribution facilities support a global network of more than 200 authorized sales and service centers in 57 countries.
For more information about Swagelok, visit the company's Web site at www.swagelok.com.
Swagelok Company
31400 Aurora Road
Solon, Ohio 44139
www.swagelok.com
For more information, contact:
Pat Carlson
Swagelok Company
440/649-4552
pat.carlson@swagelok.com
Tim Bennett
Marcus Thomas LLC
216/292-4700
tbennett@marcusthomasllc.com
