Chatham, NJ — June 6, 2016 – Eutectix, LLC recently acquired the Tolleson, Arizona alloy manufacturing facility and assets of Molycorp Metals and Alloys. With this acquisition, Eutectix, LLC increases its manufacturing capacity, extends its product portfolio, and adds specialized laboratory capabilities.
Dr. John de Neufville, the Eutectix CEO, said, “Following our successful negotiations with Molycorp, I am pleased to announce the acquisition of the Molycorp Metals and Alloys Tolleson facility. We intend to leverage the manufacturing and analytical capabilities of this facility to expand our capacity in high purity metal alloys including rare earth alloys, and build on the experience and expertise that have made the Tolleson facility a world leader in the field of rare earth alloy manufacture and analysis.”
“These metals and alloys manufacturing facilities in Troy, Michigan and Tolleson, Arizona position Eutectix as a leading manufacturer of high purity, vacuum induction melted metals, specialty metal alloys and master alloys.” Eutectix facilities include large scale inert atmosphere metal crushing and grinding, metal hydriding and dehydriding, and rapid quenching of metallic melts.
More information about Eutectix can be found at www.eutectix.com.
Eutectix LLC manufactures and processes metal alloys and battery electrodes at its facilities in Troy Michigan. Its custom alloys are used as additives for manufacturing high tolerance specialty alloys and for hydrogen storage, battery, and magnet applications. Current production has focused on hydrogen reactive metals, oxygen scavenging alloys and magnetic alloys.
Eutectix LLC was founded in 2014 by Dr. John de Neufville, Dr. Henry Lee, Thomas Smith, and Robert Russotti. All four founders of Eutectix worked together at Voltaix, Inc., a leading manufacturer of gases and chemicals for the photovoltaic and semiconductor industries.
De Neufville, Lee and Russotti were formerly employed by Energy Conversion Devices which was the original parent, via its Ovonic Battery Company subsidiary, of the Great Western Troy operations. They founded Voltaix in 1986. The Chief Executive Officer of Eutectix, John de Neufville, was formerly a Vice President and Director of Energy Conversion Devices, Inc., the Chief Executive Officer of the Ovonic Battery Company and the Chief Executive Officer and Principal Scientist of Voltaix, Inc.