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1. Size: 100+ employees.
2. Revenue: over $9 mil.
3. Industry: heat treatment / other surface treatments
4. Technology: vacuum / ion nitriding
5. Collaboration model: probably JV (other alternatives can be discussed);
6. Sputtek investment: approx. $1.4 million (equipment, technology);
7. Schedule: the facility should start production in the first half of Y2010.
More background information on the company
The company is a materials surface engineering company specialized in advanced vacuum technologies. Sputtek designs and manufactures coatings and coating deposition systems and the technology is being used to manufacture coatings for various applications:
* tooling industry, dies and moulds, cutting-tools
* aerospace engine components
* transmission systems
* pumps and valves for oil fields