AmeriChip International Inc. Purchases Large Machining Center
Monday, October 16 2006 4:20 PM, EST
PLYMOUTH, MI -- (MARKET WIRE) -- 10/16/06 -- The Board of Directors of AmeriChip International Inc. (OTCBB: ACHI) announced that the Company has purchased Toyoda Horizontal Machining Center Model FH630S for the production launch facility at our Clinton Township factory. (http://www.toyoda.com/pr_fhsx.html) This machining center is the first of a series of Horizontal Machining Centers for performing short run production runs prior to releasing to manufacturing. The Center will complement the lasers, robots, quality lab equipment, CMM and the Doosan turning Center S670LM (http://www.doosanma.com/product/s670lm.htm), already installed at our Clinton Township factory, for fast evaluations and simulations of a redefined machining process using our patented Laser Assisted Chip Control technology.
Due to changes in the market, it is advantageous for AmeriChip to have the ability to react and perform quickly, accurately and be able to demonstrate what benefits the customer will be receiving when using the LACC process.
"As we implement our business model, step by step, we will continue to purchase new equipment to keep pace with the increased activity and interest in our LACC technology from many different industries," said Marc Walther, President and CEO.
Headquartered in Plymouth, MI , U.S.A., AmeriChip International Inc. , a patented technology company, holds a patented technology known as Laser Assisted Chip Control, the implementation of which results in efficient chip control management in industrial metal machining applications. This technology provides substantial savings in machining costs of certain automobile parts providing much more competitive pricing and more aggressive sales approaches within the industry.
The innovative AmeriChip business model, enhanced by its AmeriChip Tool and Abrasives subsidiary, is designed to establish an extensive resource for cost saving services and products that all cost conscious industrial steel and aluminum machining companies require. AmeriChip is committed to keeping jobs in America for Americans.
For more information, visit our website at www.americhiplacc.com, or contact R. Windsor at 905-898-2646, or send an e-mail to r.windsor@americhiplacc.com.
This release may include projections of future results and "forward-looking statements" as that term is defined in Section 27A of the Securities Act of 1933 as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934 as amended (the "Exchange Act"). All statements that are included in this release, other than statements of historical fact, are forward-looking statements. Although management believes that the expectations reflected in these forward-looking statements are reasonable; it can give no assurances that such expectations will prove to have been correct. Important factors that could cause actual results to differ materially from the expectations disclosed in this release, including, without limitation, in conjunction with those forward-looking statements contained in this release.
Contact:
R. Windsor
905-898-2646
r.windsor@americhiplacc.com
For more information, visit our website:
www.americhiplacc.com |
