Cymat, Georg Fischer enter co-op.Cymat Corp., Toronto Toronto (tərŏn`tō), city (1998 est pop. 2,400,000), provincial capital, S Ont., Canada, on Lake Ontario. Toronto is the largest city in Canada and since the 1970s has been one of the fastest-changing cities in North America, experiencing , and Georg Fischer Georg Fischer (born 1960) was a West German cross country skier who competed in the 1980s. He finished seventh in the 4 x 10 km relay at the 1988 Winter Olympics in Calgary. Automotive, Schaffhausen Schaffhausen (shäfhou`zən), canton (1993 pop. 73,000), 115 sq mi (298 sq km), N Switzerland. Entirely on the right (northern) bank of the Rhine River, the canton consists of three noncontiguous agricultural and forested areas, which are , Switzerland Switzerland (swĭt`sərlənd), Fr. Suisse, Ger. Schweiz, Ital. Svizzera, officially Swiss Confederation, federal republic (2005 est. pop. 7,489,000), 15,941 sq mi (41,287 sq km), central Europe. , entered a two-year co-operation agreement. Through the joint venture, the two companies will pursue technical, operational and commercial development of aluminum foam components for automotive applications in Europe and China. "One of the world's most innovative and technically competent iron and light metal foundries, Georg Fischer Automotive is an ideal partner for Cymat at this point in our development," said Paul A. Tichauer, Cymat president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "They bring critical high-volume aluminum casting capability and ensure ready automotive supply capacity." The agreement includes payments to Cymat plus spending commitments by Georg Fischer Automotive coupled with technical and commercial milestones in order to maintain exclusivity. It also anticipates that the companies will enter into separate licensing agreements to cover the commercial production of aluminum foam components. "We look forward to advancing the use of this material in innovative products, where Cymat's technology as 'production-ready.'" said Beat Ruckstuhl, Georg Fischer Automotive's vice president and head of research and development. |
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