NanoMech and Pace Industries Collaborate

NanoMech, Inc. (Springdale, AR) and Pace Industries (Fayetteville, AK) have come together as an example of Arkansas’ collaborative ingenuity in manufacturing. Working together in stealth mode for two years on a highly advanced lubricant, NanoMech’s innovative patented and patent-pending lubricant technology was used in the die casting operations of Pace Industries and found to increase the longevity for specific manufacturing equipment.

The new lubricant enabled Pace to achieve unsurpassed quality control, repeatability and scalability in producing some of their best components and products. These trials proved how the lubricant can enhance manufacturing productivity, quality, efficiency and competitiveness. The success of the teamwork between these two companies is an example of the real-world implementation of breakthrough nano-manufacturing to enhance competitiveness and the supremacy of American manufacturing, which is a giant in terms of job creation and dollars contributed to the nation’s economy. With increasingly efficient manufacturing processes, more products can be produced in less time to open the door for new or larger jobs and people needed to manage the workload.

“Their combined and continued commitment to produce world-class products and inventions is a testament to Arkansas’ entrepreneurial spirit,” said Governor Asa Hutchinson. “The global reputation of these companies, their talented workforces, strong connections to industry leaders and partnerships with the University of Arkansas make the sky the limit for both them!”

“This partnership has enabled us to accelerate our core nano-engineered technology of advanced lubricants into the critical manufacturing platform of die casting with a recognized leader that serves many of the largest and most iconic manufacturers,” noted Jim Phillips, the chairman and chief executive officer of NanoMech. “This successful collaboration represents a positive impact throughout the manufacturing chain and is a shining example of our commitment to industry leadership in quality breakthrough innovation directly benefiting our customer base,” added Scott Bull, the chief executive officer of Pace Industries.

“As we worked hand-in-hand with their technology and operations teams, it became obvious that Pace is a true innovator, consumed in continual quality and performance enhancements for their customers, using science to achieve top machine performance like never before to deliver significant competitive advantage and customer loyalty,” said Dr. Ajay P. Malshe, the founder and chief technical officer of NanoMech.

www.nanomech.com, www.paceind.com