AmeriChip International, Inc. to Finance Growth With $125 Million
2008-02-11 13:54 ET - News Release
CLINTON TOWNSHIP, MI -- (MARKET WIRE) -- 02/11/08
AmeriChip International, Inc. (OTCBB: ACII) said today that it is prepared to finance expected growth with a capital line of $125 million.
AmeriChip is a leader in creating, leading and driving a new worldwide market using a patented Laser Assisted Chip Control (LACC) process for dry machining.
"This $125 capital line positions AmeriChip to begin to satisfy the huge need our blue chip customers have to reduce costs and increase output, by re-engineering their manufacturing process with help from ACII," according to Marc Walther, CEO.
"We now have all the bases covered to help our customers grow, including upgraded quality control processes and procedures, upgraded EDI strategic partnering processes, expanded plant capacity and a blue chip-oriented data driven sales process," Walther concluded.
The $125 million lease-capital line is provided by Tip Capital.
Headquartered in Clinton Township, MI, USA AmeriChip International, Inc., a patented technology company holds a patented technology known as Laser Assisted Chip Control, which can be used to re-engineer the manufacturing process for industrial metal machining applications. AmeriChip is committed to keeping jobs in America for Americans.
For more information, visit our website at www.americhiplacc.com.
Contact:
info@americhiplacc.com
or
Rhonda Windsor
r.windsor@americhiplacc.com
905-898-2646 |
