May 26 2005
Raymor Industries Inc. is proud to announce that its wholly-owned industrial subsidiary, AP&C Advanced Powders & Coatings Inc. (AP&C) has concluded a contract for Titanium powder production with the Boeing Company . Boeing will use this unique powder, given its sphericity and its purity, for aerospace applications.
Thanks to AP&C’s patented plasma atomization process, these powders are of a high purity, with an exceptional sphericity, ideal for aerospace applications. The plasma atomization process was developed at the beginning of the 90’s at Hydro-Quebec’s Shawinigan laboratory, in collaboration with Noranda.
“This contract represents an important breakthrough in the aerospace sector for our metallic powders,” said Mr. Stéphane Robert, President of Raymor Industries and AP&C.
With other negotiations underway, AP&C foresees the installation of a second reactor in its facility, which could hold up to six units. The forecasted revenue from powder sales is in the order of $3.5 million per year, per reactor.
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