Eutectix Acquires Great Western Technologies Advanced Alloy Manufacturing Troy, MI
Chatham, NJ — July 23, 2014 – Eutectix, LLC recently acquired the manufacturing facilities and assets of Great Western Technologies Inc., a subsidiary of Great Western Minerals Group, Ltd. Acquisition of the factory in Troy, Michigan provides Eutectix with facilities for high tech manufacture of advanced materials.
Dr. John de Neufville, the Eutectix CEO, said, “Following our successful negotiations with Great Western Minerals Group, I am pleased to announce the transfer of the excellent team and all the manufacturing equipment from Great Western Technologies into our new company, Eutectix LLC. Our factory in Troy, Michigan will continue to supply a wide range of customized products and services designed to meet the requirements of current and future customers.”
“It is our intention to build on the expertise with which our customers are already familiar, that of an innovative materials supplier, focused on the provision of fully characterized metals and alloys in various forms including castings, customized powder products and fabricated items. Alongside our extensive manufacturing facility we bring product development capability, offering new and exciting solutions to future customer requirements.”
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, CEO, Dr. Henry Lee, Interim COO, Thomas Smith, CFO, and Robert Russotti, CMO. 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.