Lenox Polymers Limited and MSX International Work Jointly To Produce New Blow Mold For BIG 3 Auto Company.Business Editors PORT HURON Port Huron (hy  r`ən), city (1990 pop. 33,694), seat of St. Clair co., S Mich., a natural, deepwater port of entry at the junction of the St. Clair River with Lake Huron; inc. 1857. , Mich.--(BUSINESS WIRE)--Jan. 20, 2000 (CANADIAN DEALING NETWORK Canadian Dealing Network (CDN) The organized OTC market of Canada. Formerly known as the Canadian Over-the-Counter Automated Trading System (COATS), the CDN became a subsidiary of the Toronto Stock Exchange in 1991. :LENP.) Lenox Polymers Limited (CDN (Content Delivery Network) A system of distributed content on a large intranet or the public Internet in which copies of content are replicated and cached throughout the network. - LENP) announced today that its HICON HICON Higher Control HICON Higher Command (US DoD) HICON Handle to An Icon tooling system further integrated itself within MSX MSX - Microsoft Extended International, a leading, global provider of technology-driven engineering, business, and specialized spe·cial·ize v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es v.intr. 1. To pursue a special activity, occupation, or field of study. 2. staffing services with worldwide annual sales of $1.3 billion. Working together, Lenox's and MSX International's engineering teams produced a prototype blow molded tool for manufacturing automotive fuel tanks for one of the &uot;Big 3&uot; Automobile producers. MSX International purchased the first licensing agreement from Lenox to utilize the HICON tooling system, which proves to be a viable business arrangement for both companies. Lenox and MSX International continue to expand business quoting HICON tools for many of MSX International's established customers. This also complements Lenox's existing HICON customers. With a $1.5 billion dollar market size in plastic mold tooling applications, Lenox's new HICON blow mold tooling technology will compete for market share. Many types of toys and plastic bottles remain common examples of products made utilizing blow-molding techniques. The HICON metal composite uses Lenox proprietary technology which increases quality, reduces lead times, and reduces the historical problems associated with the common epoxy epoxy Any of a class of thermosetting polymers, polyethers built up from monomers with an ether group that takes the form of a three-membered epoxide ring. The familiar two-part epoxy adhesives consist of a resin with epoxide rings at the ends of its molecules and a curing composite tooling. HICON tooling can operate at faster cycle times than epoxy composite tooling and produces a high quality product. A single Lenox HICON tool has produced over 5,000 molded parts at the same cycle rate of an aluminum mold. This HICON tooling system also costs significantly less than aluminum tooling. In addition to offering the HICON tooling system for prototype, pilot, pre-production, and process-specific production applications, Lenox offers a packaged turnkey pre-production tooling service incorporating the design and production of prototype HICON tools along with the design, construction, and pre-production running of hard tools based on these prototype tools. This turnkey tooling service provides significant value to Lenox customers by relieving them of the responsibility for coordinating the activities of multiple vendors to take a new plastic part from the prototype design stage to the stage where it is capable of being produced by a production-ready hard tool. This service also includes offering the first several hundred plastic parts. Lenox Polymers Limited develops and produces environmentally friendly Environmentally friendly, also referred to as nature friendly, is a term used to refer to goods and services considered to inflict minimal harm on the environment.[1] specialty, proprietary performance polymers and polymer-related products. Lenox also focuses on the commercialization of its HICON metal composite tooling technology. Lenox Polymers Ltd. trades under the symbol LENP on Toronto's Canadian Dealing Network with its principle operations and facilities located in Port Huron, Michigan Port Huron is a city in the U.S. state of Michigan. As of the 2000 census, the city population was 32,338. It is the county seat of St. Clair County6. The city is adjacent to Port Huron Township, but is politically independent. , of the Greater Metropolitan area of Detroit Michigan, U.S.A. |
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