posted
ACHI - There is some real meaty stuff in the following statement, especially if you know anything at all about machining, facilities engineering, purchasing, and order fulfillment...:
The Company has completed preparation of its facility to accept orders for production runs in the first quarter of 2006 as a result of successful trials on specified automobile parts. The Company has been informed that substantial orders are in process. During the initial machining process conducted for both OEM's and Tier One suppliers, AmeriChip proved that it successfully and unequivocally machines steel parts using a "dry" process which substantially reduces the cost of machining automobile parts.
This gutsy new machine requires a 60amp branch circuit at 480vac/3phase or a 120amp branch circuit at 208vac/3phase..: Mazak: http://www.mazakusa.com/ QTN-350: http://www.mazakusa.com/productpage.asp?lngEquipID=16 Machine Cost (..with the 60" bed..) is $140,000, weight = 17K pounds (..obviously not a toy..). Facilities cost would be about $5000 for the electrical service point and another $5000 for conduit, wire, and labor.
posted
NEWS -- AmeriChip International Inc. Appoints Chief Financial Officer 1/11/2006 7:09:52 AM
PLYMOUTH, MI, Jan 11, 2006 (MARKET WIRE via COMTEX) -- The Board of Directors of AmeriChip International Inc. (ACHI) announced that the Company has appointed Thomas P Schwanitz, CPA, to the position of Chief Financial Officer effective immediately. In addition, Mr. Schwanitz will be joining the Board of Advisors. The appointment of Mr. Schwanitz is commensurate with the Company's action plan for the 2006 fiscal year during which the Company will generate revenues and become profitable. This proactive appointment affords Mr. Walther, President and CEO, more time to concentrate on solidifying pending orders and finalizing the acquisition of KSI Machine & Engineering. Mr. Walther stated, "Tom will be an integral part of our developing into a major company that has a technology sought after by a number of different industries. I firmly believe he will be a valuable member of the AmeriChip team and we welcome him."
In addition, the Company is responding to its Tier One and OEM customers that require it to implement both financial and quality control standards in preparation for receiving orders. Mr. Schwanitz will assist Mr. Walther with the transition from a "going concern" to a revenue-producing technology company. Mr. Schwanitz will also be spearheading the implementation of our new Microsoft Great Plains software program which will help ensure that the Company will be in compliance with Sarbanes-Oxley standards for public companies. "Having watched AmeriChip develop from a time when their technology was a proven but unrecognized part of the machining world, to a point in time when AmeriChip has taken an impressive lead in redefining machining as we know it, I am proud and honored to join the Company at this most auspicious time in their growth," stated Thomas Schwanitz.
Mr. Schwanitz is Managing Partner of Schwanitz, Hayden & Associates, P.L.C. of Detroit, Michigan, and has a Bachelor of Science - Accounting from Northern Michigan University. His professional affiliations include member of American Institute of Certified Public Accountants, Michigan Association of Certified Public Accountants, Consultant to the Association of Macomb County Life Underwriters and Financial & Estate Planning Councils of Detroit and Macomb County. Mr. Schwanitz is also a member of the Board of Directors for and is the Treasurer of the Mount Clemens General Hospital and on the Board of Trustees for Baker College, Mount Clemens.
Headquartered in Plymouth, MI, U.S.A., AmeriChip International Inc. holds a patented technology known as Laser Assisted Chip Control, the implementation of which results in efficient chip control management in industrial metal machining applications. This technology provides substantial savings in machining costs of certain automobile parts providing much more competitive pricing and more aggressive sales approaches within the industry.
The innovative AmeriChip business model, enhanced by its AmeriChip Tool and Abrasives subsidiary, is designed to establish an extensive resource for cost-saving services and products that all cost-conscious industrial steel and aluminum machining companies require. AmeriChip is committed to keeping jobs in America for Americans.
For more information, visit our website at www.americhiplacc.com, or R. Windsor at 905-898-2646 or, send an e-mail to r.windsor*americhiplacc.com.
For more information, visit our website at www.americhiplacc.com R. Windsor 905-898-2646 e-mail r.windsor*americhiplacc.com
Those who collect and hold this ACHI for 6+ months will be rewarded beyond the wildest expectations. LACC is the killer machining technology for 2006 and beyond.
You sure you want to make that statement? If they start making sales...yeah, they might do all right. Won't deny that the tech is impressive but these guys have a heck of a lot of debt to dig through. I wouldn't call for a six month hold on a company with that heavy a finacial burden personally.
Just saying how I see it. Wouldn't be surprised to see good money made here when they announce revenue, wouldn't be surprised to see them fold under and someone else profit off of what they created either. Soemtimes life just ain't fair.
The Bigfoot
-------------------- No longer eligible for government service due to lack of tax issues.
IP: Logged |
posted
AmeriChip International Inc. Provides Update
PLYMOUTH, MI, Feb 08, 2006 (MARKET WIRE via COMTEX) -- The Board of Directors of AmeriChip International Inc. (OTC BB: ACHI) provided an update on operations since its fiscal year end of November 30, 2005.
The Company hired a lab application specialist, Joseph Curtis to assist with the increase requests for quotations from Tier One and OEM customers. Mr. Curtis' primary responsibility will be working with the application of the LACC process.
The Company has purchased simulation software that illustrates to customers a virtual reality CADCAM video of their parts being processed. The use of this software augments the implementation process.
At the request of its target customers, the Company has implemented a quality control system aimed to evolve from ISO9002, currently in place at KSI, to TS specifications, which will become the benchmark standard in the machining industry for quality control.
"Based on the number of quotations we have submitted to Tier One and OEM customers, we have over the past six months," stated Marc Walther, President of AmeriChip, "endeavored to ensure that the Company will be in position to respond to orders from our customers and to process them under industry mandated standards."
AmeriChip has implemented presentation software enabling the Company to make presentations via the internet to its potential customers globally.
AmeriChip is working with the Michigan Economic Development Group that is assisting the Company in finding and training employees and as well as locating manufacturing facilities available for lease that are strategically located to its potential customers existing operations.
AmeriChip Tool and Abrasives, a wholly owned subsidiary of the Company has hired Kevin Ziolkowski, a cutting tool engineer with a view to increasing sales and market penetration. Mr. Ziolkowski brings to the Company over 20 years of experience in the cutting tool industry. Sales volume year to date has increased by 30%.
Headquartered in Plymouth, MI, U.S.A., AmeriChip International Inc., a patented technology company, holds a patented technology known as Laser Assisted Chip Control, the implementation of which results in efficient chip control management in industrial metal machining applications. This technology provides substantial savings in machining costs of certain automobile parts providing much more competitive pricing and more aggressive sales approaches within the industry.
The innovative AmeriChip business model, enhanced by its AmeriChip Tool and Abrasives subsidiary, is designed to establish an extensive resource for cost saving services and products that all cost conscious industrial steel and aluminum machining companies require.
For more information, visit our website at www.americhiplacc.com or, contact R Windsor at 905-898-2646 or, send an e-mail to r.windsor*americhiplacc.com.
posted
AmeriChip Analyst Research Report Includes Video and WorldTalkRadio CEO Interview
LOS ANGELES, Feb 24, 2006 (PRIMEZONE via COMTEX) -- AmeriChip (OTCBB: ACHI) research report with video and WorldTalkRadio CEO interview is available from IPOdesktop.com and WorldTalkRadio, the Internet's leading talk station.
Interview guest: Marc Walther CEO
HIGHLIGHTS -- A break-through patented technology known as Laser Assisted Chip Control (LACC) -- Targets the robotic machining and manufacturing process, worldwide
IPOdesktop.com, the leading provider of independent IPO research for professional money managers and individual investors, also produces the IPO Hardball radio program.
IPOdesktop editors are quoted by The Wall Street Journal, Dow Jones Newswires, MarketWatch, Reuters, USATODAY, and others. IPOdesktop editors also co-host financial programs at World Talk Radio, the largest Internet's Talk station.
This news release was distributed by PrimeZone, www.primezone.com SOURCE: IPOdesktop.com By Staff CONTACT: AmeriChip R. Windsor (905) 898-2646 r.windsor*americhiplacc.com http://www.americhiplacc.com
posted
AmeriChip International Inc. Secures License for Patented Metal Polishing Technology
PLYMOUTH, MI, Feb 27, 2006 (MARKET WIRE via COMTEX) -- The Board of Directors of AmeriChip International Inc. (OTC BB: ACHI) announced that it has entered into a licensing agreement with its President and Chief Executive Officer, Marc Walther for the use of his patented metal polishing technology. The Company believes that this patent will significantly increase the sales potential of the Company by expanding its product line and revenue producing ability.
The license agreement allows for the Company (www.americhiplacc.com) to have exclusive use of the patented technology except for prior arrangements by Mr. Walther with both Ford, Visteon, and Ford Global Technologies. Ford will continue to maintain its irrevocable license for the technology for use by Ford www.ford.com, Visteon www.visteon.com, and Ford Global Technologies This process augments the existing Laser Assisted Chip Control technology platform from which the Company currently operates offering a broader scope of products to its customers thereby increasing its revenue potential.
This patent is a "process" patent that uses a combination of high speed machining and abrasive nylon brushes that reduce labor and capital required to manufacture dies and molds. This process patent allows for a method to automatically finish free-form contoured metal or hard die surfaces. As a result, the cost to machine and polish a mold or die can be reduced by 50%. To learn more about this process please visit: http://www.worldtalkradio.com/archive.asp?aid=6254
Mr. Walther will receive a royalty on any revenues generated by the Company and its subsidiaries through licensing opportunities and implementation of the process inter-company.
Headquartered in Plymouth, MI, U.S.A., AmeriChip International Inc., a patented technology company, holds a patented technology known as Laser Assisted Chip Control, the implementation of which results in efficient chip control management in industrial metal machining applications. This technology provides substantial savings in machining costs of certain automobile parts providing much more competitive pricing and more aggressive sales approaches within the industry.
The innovative AmeriChip business model, enhanced by its AmeriChip Tool and Abrasives subsidiary, is designed to establish an extensive resource for cost saving services and products that all cost conscious industrial steel and aluminum machining companies require. AmeriChip is committed to keeping jobs in America for Americans.
For more information, visit our website at www.americhiplacc.com or, contact R Windsor at 905-898-2646 or, send an e-mail to r.windsor*americhiplacc.com.
posted
AmeriChip International Inc. Clarifies Metal Polishing Patent
PLYMOUTH, MI, Feb 28, 2006 (MARKET WIRE via COMTEX) -- The Board of Directors of AmeriChip International Inc. (OTC BB: ACHI) has been asked by its shareholders to clarify the release of February 27, 2006 concerning its new patented metal polishing technology.
Mr. Marc Walther, President and Chief Executive Officer, purchased 100% of the patents rights from The Ford Motor Company in February 2006. This technology was developed by Mr. Walther in concert with The Ford Motor Company in 2001. Mr. Walther agreed to assign this patent to The Ford Motor Company at that time. The requisite papers have been filed with the US Patent office to reflect that The Ford Motor Company is now a licensee and that Mr. Walther is the patent owner with AmeriChip now being the only, sole and exclusive licensor.
Mr. Walther has assigned 100% of the rights to the Company in return for a 10% royalty on all revenues generated by the Company and its subsidiaries through the implementation of this technology. Mr. Walther will not receive any stock for this transaction.
AmeriChip International (www.americhiplacc.com) will be investing time and money with its supplier alliances to enhance the existing patent and to implement the technology to generate revenues for the Company. As part of the purchase agreement with The Ford Motor Company, Ford required that it maintain an irrevocable license agreement for the technology for itself, Visteon and Ford Global Technologies. AmeriChip will permit Ford (www.ford.com) and its affiliates to use the enhanced technology.
For more information please visit http://www.worldtalkradio.com/archive.asp?aid=6254 Headquartered in Plymouth, MI, U.S.A., AmeriChip International Inc., a patented technology company, holds a patented technology known as Laser Assisted Chip Control, the implementation of which results in efficient chip control management in industrial metal machining applications. This technology provides substantial savings in machining costs of certain automobile parts providing much more competitive pricing and more aggressive sales approaches within the industry.
The innovative AmeriChip business model, enhanced by its AmeriChip Tool and Abrasives subsidiary, is designed to establish an extensive resource for cost saving services and products that all cost conscious industrial steel and aluminum machining companies require. AmeriChip is committed to keeping jobs in America for Americans.
For more information, visit our website at www.americhiplacc.com or, contact R Windsor at 905-898-2646 or, send an e-mail to r.windsor*americhiplacc.com.
Contact R. Windsor 905-898-2646 e-mail to r.windsor*americhiplacc.com SOURCE: AmeriChip International Inc. CONTACT: mailto:r.windsor*americhiplacc.com
posted
I added this morning to ACHI just in case and to BKMP becase I felt it was due for a little spike. Ya win some and lose some...but this ACHI could be a diamond in the rough, we'll see!
IP: Logged |
posted
Richard H. Rossmann Appointed President of AmeriChip Automotive Inc.
PLYMOUTH, MI -- (MARKET WIRE) -- 04/18/06 -- The Board of Directors of AmeriChip International Inc. (OTC BB: ACHI) is pleased to announce that Richard H. Rossmann has accepted a position on its Board of Directors effective immediately and has been appointed President and CEO of AmeriChip Automotive Inc. ("AAI"), a wholly owned subsidiary of AmeriChip International Inc. (www.americhiplacc.com ).
Mr. Rossmann has also assumed the responsibility of Executive Director of Manufacturing of AmeriChip International Inc. Mr. Rossmann's main focus will be new business development and manufacturing implementation using his extensive contacts throughout the automotive industry, worldwide.
Mr. Rossmann was part of the executive team that rebuilt Chrysler's ailing manufacturing structure in the early 1980s. In the 1990s, Richard Rossmann was hand picked by Richard E. Dauch, Co-Founder, Chairman and Chief Executive Officer of American Axle & Manufacturing to lead the manufacturing revitalization as Vice President of Manufacturing for the multi-billion dollar former General Motors driveline division.
Mr. Rossmann attended Penn State's MBA School of International Business. Mr. Rossmann has spent over 30 years designing and building world-class manufacturing operations in six countries on four continents for such companies as Chrysler and American Axle. For the last decade, Mr. Rossmann has owned Symtec, Inc., a manufacturing systems technology company providing consulting expertise for major manufacturing, acquisition and joint venture projects for Fortune 100 companies.
Mr. Rossmann currently is an owner/operator of precision machining manufacturing companies in Michigan and Indiana.
Mr. Rossmann, on accepting the position, stated: "My belief is that AmeriChip's LACC technology will revolutionize the machining of automotive parts and has the real potential to revitalize the industry. I am proud to be a part of this effort."
Headquartered in Plymouth, MI, U.S.A., AmeriChip International Inc., a patented technology company, holds a patented technology known as Laser Assisted Chip Control, the implementation of which results in efficient chip control management in industrial metal machining applications. This technology provides substantial savings in machining costs of certain automobile parts providing much more competitive pricing and more aggressive sales approaches within the industry.
The innovative AmeriChip business model, enhanced by its AmeriChip Tool and Abrasives subsidiary, is designed to establish an extensive resource for cost saving services and products that all cost conscious industrial steel and aluminum machining companies require. AmeriChip is committed to keeping jobs in America for Americans.
For more information, visit our website at www.americhiplacc.com or, contact R. Windsor at 905-898-2646 or, send an e-mail to r.windsor*americhiplacc.com.
For more information: www.americhiplacc.com or contact: R. Windsor 905-898-2646 r.windsor*americhiplacc.com.
posted
AmeriChip International Inc. Establishes Quality Control System
PLYMOUTH, MI, Apr 20, 2006 (MARKET WIRE via COMTEX) -- The Board of Directors of AmeriChip International Inc. (OTC BB: ACHI) announced it has established an ISO9001:2000/TS16949 Quality Control System, as mandated by the industry for demonstrating a process that operates with controls and procedures commensurate with Quality and repeatability in manufacturing.
The implementation of this system affords the Company (www.americhiplacc.com) an opportunity to introduce its patented processes, to all metal finishing industries in the United States and worldwide with customer confidence that AmeriChip International Inc. operates and adheres to Quality from top management to the shop floor.
The Company has developed and is introducing its Quality Systems Management Program (QSMP), including a Quality Manual with accompanying procedures into its current business programs and will utilize this documentation on upcoming programs as they are acquired. Final certification, will be provided by a registrar following industry standard certification processes.
The Company has set the last quarter of 2006 to be certified to the ISO9001:2000/TS16949 Quality Standard. During this certification process, the Company will operate within its established business model, running trials, small production runs and full volume production.
"This Quality System requires AmeriChip to analyze procedures, failure modes and perform corrective action audits on a regular basis. It makes us a stronger, more competitive company and allows us to secure business with many customers requiring this Quality System," said Richard Rossmann, President of AmeriChip Automotive Inc.
Headquartered in Plymouth, MI, U.S.A., AmeriChip International Inc., a patented technology company, holds a patented technology known as Laser Assisted Chip Control, the implementation of which results in efficient chip control management in industrial metal machining applications. This technology provides substantial savings in machining costs of certain automobile parts providing much more competitive pricing and more aggressive sales approaches within the industry.
The innovative AmeriChip business model, enhanced by its AmeriChip Tool and Abrasives subsidiary, is designed to establish an extensive resource for cost saving services and products that all cost conscious industrial steel and aluminum machining companies require. AmeriChip is committed to keeping jobs in America for Americans.
For more information, visit our website at www.americhiplacc.com or, contact R Windsor at 905-898-2646 or, send an e-mail to r.windsor*americhiplacc.com.
AmeriChip International Inc., has developed a patented technology, (LACC – Laser Assisted Chip Control) designed to create faster thru-put by eliminating long stringy and often dangerous ribbon-like steel chips that tangle around cutting tools and machined parts. The LACC process creates a platform of other cost savings as a result of the increased chip control such as elimination of coolant, more basic cutting tools and less down time due to chip evacuation and unpredictable tool life. Automation then becomes an option due to that complete predictability. Environmental safety and air quality are significantly enhanced as long stringy chips are not produced and coolant is not used.
The LACC process addresses the major obstacles that the American manufacturers are plagued with, and that is high employee cost and extensive capital expenditures on machines and equipment. Due to the increased thru put capability of the LACC process, it takes less people and lower number of machines to create a finished part compared to conventional machining processes as we know it. Americhip “Redefines Machining”.
AmeriChip’s objective is to establish its patented technology for metal machining as the “preferred” process of choice among the world’s leading automakers (The “Big 3”) and Tier-One parts suppliers. AmeriChip has established a wholly owned subsidiary, AmeriChip Tool and Abrasives designed to create a one stop shopping resource center for all other traditional tools and abrasives used in machining.
AmeriChip is committed to Keeping jobs in America for Americans.
The Company became public in 2003 and has been in a developmental stage over the past 2 years. In that time the Company has conducted trials on automobile parts for Tier One Suppliers to the automotive industry. The Company is currently working to complete the acquisition of KSI Machine and Engineering, of Clinton Township, MI. (www.ksimachine.com )
The Company has a patented technology which dramatically reduces the creation of long stringy chips when machining steel parts and as a result reduces cost of machining and increases thru-put. Recent News: AmeriChip International Inc. 04/20/06 10:24 AM EDT AmeriChip International Inc. Establishes Quality Control System - Market Wire 04/18/06 8:15 AM EDT Richard H. Rossmann Appointed President of AmeriChip Automotive Inc. - Market Wire 04/14/06 12:00 AM EDT Quarterly report filed by small businesses - Form 10QSB- 10kWizard 03/29/06 12:00 AM EST Securities offered to employees pursuant to employee benefit plans - Form S-8- 10kWizard 03/06/06 12:00 AM EST Notification of a private placement. The form is not electronically filed with SEC EDGAR System and is available only in paper form - Form REGDEX- 10kWizard 03/08/06 12:00 AM EST Report of unscheduled material events or corporate changes - Form 8-K- 10kWizard 02/28/06 12:00 AM EST Annual report filed by small businesses - Form 10KSB- 10kWizard 03/21/06 9:15 AM EST AmeriChip International Inc. Provides Update on Quote-to-Order Process - Market Wire 02/28/06 9:00 AM EST AmeriChip International Inc. Clarifies Metal Polishing Patent - Market Wire 02/27/06 9:20 AM EST AmeriChip International Inc. Secures License for Patented Metal Polishing Technology - Market Wire 02/24/06 8:00 AM EST AmeriChip Analyst Research Report Includes Video and WorldTalkRadio CEO Interview - PrimeZone 02/08/06 11:25 AM EST AmeriChip International Inc. Provides Update - Market Wire 01/26/06 12:00 AM EST Amendment to a previously filed 10KSB - Form 10KSB/A- 10kWizard 01/19/06 12:00 AM EST Report of unscheduled material events or corporate changes - Form 8-K- 10kWizard 01/13/06 12:00 AM EST Withdrawal of registration statement filed under the Securities Act - Form RW- 10kWizard
posted
AmeriChip International Inc. Receives Official Supplier Status With General Motors Global Purchasing
PLYMOUTH, MI, Apr 25, 2006 (MARKET WIRE via COMTEX) -- Mr. Richard Rossmann, President of AmeriChip Automotive Inc., a wholly owned subsidiary of AmeriChip International Inc. (OTC BB: ACHI), is pleased to announce that AmeriChip has received supplier status with General Motors Global Purchasing.
As an official supplier to GM, the Company profile has been entered into the GM Global Purchasing system that clears the way for formal contracts and proposals. The Company is now in a position to develop long term supply contracts and production strategies as a Tier One supplier for outsourced products on a global basis.
Mr. Rossmann stated, "The assignment of this vendor number indicates that GM recognizes AmeriChip as a qualified supplier providing major cost reductions in the machining of automotive parts. By providing these cost reductions, I believe that we will play a major role in bringing production back to America that has been finding its way to offshore suppliers."
Headquartered in Plymouth, MI, U.S.A., AmeriChip International Inc., a technology company, holds a patented technology known as Laser Assisted Chip Control, the implementation of which results in efficient chip control management in industrial metal machining applications. This technology provides substantial savings in machining costs of certain automobile parts providing much more competitive pricing and more aggressive sales approaches within the industry.
The innovative AmeriChip business model, enhanced by its AmeriChip Tool and Abrasives subsidiary, is designed to establish an extensive resource for cost saving services and products that all cost conscious industrial steel and aluminum machining companies require. AmeriChip is committed to keeping jobs in America for Americans.
For more information, visit our website at www.americhiplacc.com or, contact R Windsor at 905-898-2646 or, send an e-mail to r.windsor*americhiplacc.com.
For more information, visit: http://www.americhiplacc.com or contact: R. Windsor 905-898-2646 r.windsor*americhiplacc.com SOURCE: AmeriChip International Inc. CONTACT: http://www.americhiplacc.com mailto:r.windsor*americhiplacc.com
posted
AmeriChip International Inc. Receives Official Supplier Status With General Motors Global Purchasing
PLYMOUTH, MI, Apr 25, 2006 (MARKET WIRE via COMTEX) -- Mr. Richard Rossmann, President of AmeriChip Automotive Inc., a wholly owned subsidiary of AmeriChip International Inc. (OTC BB: ACHI), is pleased to announce that AmeriChip has received supplier status with General Motors Global Purchasing.
As an official supplier to GM, the Company profile has been entered into the GM Global Purchasing system that clears the way for formal contracts and proposals. The Company is now in a position to develop long term supply contracts and production strategies as a Tier One supplier for outsourced products on a global basis.
Mr. Rossmann stated, "The assignment of this vendor number indicates that GM recognizes AmeriChip as a qualified supplier providing major cost reductions in the machining of automotive parts. By providing these cost reductions, I believe that we will play a major role in bringing production back to America that has been finding its way to offshore suppliers."
Headquartered in Plymouth, MI, U.S.A., AmeriChip International Inc., a technology company, holds a patented technology known as Laser Assisted Chip Control, the implementation of which results in efficient chip control management in industrial metal machining applications. This technology provides substantial savings in machining costs of certain automobile parts providing much more competitive pricing and more aggressive sales approaches within the industry.
The innovative AmeriChip business model, enhanced by its AmeriChip Tool and Abrasives subsidiary, is designed to establish an extensive resource for cost saving services and products that all cost conscious industrial steel and aluminum machining companies require. AmeriChip is committed to keeping jobs in America for Americans.
For more information, visit our website at www.americhiplacc.com or, contact R Windsor at 905-898-2646 or, send an e-mail to r.windsor*americhiplacc.com.
For more information, visit: http://www.americhiplacc.com or contact: R. Windsor 905-898-2646 r.windsor*americhiplacc.com SOURCE: AmeriChip International Inc. CONTACT: http://www.americhiplacc.com mailto:r.windsor*americhiplacc.com
posted
AmeriChip International Inc. Takes Delivery of Turning Center
PLYMOUTH, MI, Apr 27, 2006 (MARKET WIRE via COMTEX) -- The Board of Directors of AmeriChip International Inc. (OTC BB: ACHI) announced that the Company has authorized delivery of a Doosan 670LM turning center at the KSI location in Clinton Township, MI. The turning center will enable the Company to significantly reduce the time required for the trial to purchase order process and will allow for the onsite demonstration of superior production capabilities.
"Prior to the delivery of the turning center, the Company would apply the LACC process at our AmeriChip laser facility and return the parts to be run on customers' machines when time was made available to them," said Ed Rutkowski, of AmeriChip International. We are now in a position to control and reduce our time lines on trials as well as having the capability to do limited production runs. Time has already been allocated on the turning center for limited production runs commencing in May 2006 which will result in long-term production runs for our existing pilot programs. This center is the first of several which are being ordered to facilitate future requirements to expedite production runs.
Headquartered in Plymouth, MI, U.S.A., AmeriChip International Inc., a technology company, holds a patented technology known as Laser Assisted Chip Control, the implementation of which results in efficient chip control management in industrial metal machining applications. This technology provides substantial savings in machining costs of certain automobile parts providing much more competitive pricing and more aggressive sales approaches within the industry.
The innovative AmeriChip business model, enhanced by its AmeriChip Tool and Abrasives subsidiary, is designed to establish an extensive resource for cost-saving services and products that all cost-conscious industrial steel and aluminum machining companies require. AmeriChip is committed to keeping jobs in America for Americans.
For more information, visit our website at www.americhiplacc.com or, contact R Windsor at 905-898-2646 or, send an e-mail to r.windsor*americhiplacc.com.
For more information, contact: R. Windsor 905-898-2646 r.windsor*americhiplacc.com www.americhiplacc.com SOURCE: AmeriChip International Inc. CONTACT: mailto:r.windsor*americhiplacc.com http://www.americhiplacc.com
posted
The new Doosan 670LM turning center is "..in addition to.." the Mazak 350M machining center that they bought earlier to increase capabilities and speed up production.
ACHI is on the move people..!!! These shop floor toys "..ain't cheap..", and they're dead serious production-wise..!!!
posted
RushNet Accepts New Deal...A private placement agreement has been signed
BLUE ISLAND, Ill., Apr 28, 2006 (BUSINESS WIRE) -- Robert Corr, President of RushNet, Inc. (Pink Sheets:RSHN) has agreed today to accept the offer made by Michael Lynch of Lynch Partners One, LLC to purchase a 30% stake in the company's stock in the form of restricted shares. This signed agreement gives RushNet, Inc. a cash infusion of $615 thousand plus an additional commitment for inventory capital of $2.4 million, for a total of over $3 million dollars to RushNet, Inc.
Robert Corr and the management team of RushNet Inc. will hold restricted shares totaling 32%, with the public free trading shares totaling 38% of the stock. The stock issued to Lynch has been placed into an escrow account with a closing scheduled in about two weeks.
As, Robert Corr stated: "This new round on capital will secure the company's need for inventory for all the new items planned for introduction this summer. Our larger retailers require firm inventory levels to be maintained at all times. As a company, we have gained a valuable partner who has expertise in raising large amounts of capital to assist us in our future expansion plans. I feel confident that, Michael Lynch and I have developed a strategic plan to grow RushNet's brands on a worldwide scope."
Michael Lynch and Robert Corr as mentioned in a previous press release, are in the process of purchasing a regional brewery that will use Rush Net Inc. to market the brands worldwide. The newly designed products will be introduced this summer and the new labels will be unveiled in the next few weeks to the stockholders.
Michael Lynch was quoted, "This will be the beginning of a highly visible beverage company, and I'm looking forward to launching some our branded beverages in the national beverage arena."
RushNet Inc. is the licensed marketing agent for Rush Beverage Company products and brand owner of e-water(TM). www.enjoytherush.com
SOURCE: RushNet, Inc. CONTACT: RushNet, Inc. Robert Corr, 708-389-6625
Thu, Apr 27, 2006 • AmeriChip International Inc. Takes Delivery of Turning Center Market Wire (Thu, Apr 27) Wed, Apr 26, 2006 • AMERICHIP INTERNATIONAL INC Files SEC form 8-K, Change in Directors or Principal Officers EDGAR Online (Wed, Apr 26) Tue, Apr 25, 2006 • AMERICHIP INTERNATIONAL INC Financials EDGAR Online Financials (Tue, Apr 25) • AmeriChip International Inc. Receives Official Supplier Status With General Motors Global Purchasing Market Wire (Tue, Apr 25) Thu, Apr 20, 2006 • AmeriChip International Inc. Establishes Quality Control System Market Wire (Thu, Apr 20) Tue, Apr 18, 2006 • Richard H. Rossmann Appointed President of AmeriChip Automotive Inc. Market Wire (Tue, Apr 18) Fri, Apr 14, 2006 • AMERICHIP INTERNATIONAL INC Files SEC form 10QSB, Quarterly Report EDGAR Online (Fri, Apr 14) Tue, Mar 21, 2006 • AmeriChip International Inc. Provides Update on Quote-to-Order Process Market Wire (Tue, Mar 21) Tue, Feb 28, 2006 • AMERICHIP INTERNATIONAL INC Files SEC form 10KSB, Annual Report EDGAR Online (Tue, Feb 28) • AmeriChip International Inc. Clarifies Metal Polishing Patent Market Wire (Tue, Feb 28) Mon, Feb 27, 2006 • AmeriChip International Inc. Secures License for Patented Metal Polishing Technology Market Wire (Mon, Feb 27) Fri, Feb 24, 2006 • AmeriChip Analyst Research Report Includes Video and WorldTalkRadio CEO Interview PrimeZone Media Network (Fri, Feb 24) Wed, Feb 8, 2006 • AmeriChip International Inc. Provides Update Market Wire (Wed, Feb 8) Thu, Jan 26, 2006 • AMERICHIP INTERNATIONAL INC Files SEC form 10KSB/A, Annual Report EDGAR Online (Thu, Jan 26) Thu, Jan 19, 2006 • AMERICHIP INTERNATIONAL INC Files SEC form 8-K, Entry into Material Agreement, Sale of Equity, Financial Statements a EDGAR Online (Thu, Jan 19) Wed, Jan 11, 2006 • AmeriChip International Inc. Appoints Chief Financial Officer Market Wire (Wed, Jan 11) Fri, Jan 6, 2006 • AMERICHIP INTERNATIONAL INC Files SEC form 8-K, Other Events EDGAR Online (Fri, Jan 6) Tue, Dec 20, 2005 • AmeriChip International Inc. in The Oakland Business Review Market Wire (Tue, Dec 20) Thu, Dec 15, 2005 • AmeriChip International Inc. Prepares for Production Market Wire (Thu, Dec 15) Wed, Nov 30, 2005 • TalkNStocks.com Debuts, Announces First in a Series Of Q&As With AmeriChip's Marc Walther, Pres. & CEO Market Wire (Wed, Nov 30)
posted
Please take note that ACHI is "..NOT.." a pinksheet issue. It's a fully-reporting OTCBB company that I don't recall ever having an "E" either. Nor is it another "..me too.." Dot.Com whizbang....
These people have a revolutionary new maching technology that like anything else in the Auto manufacturing game can go ballistic overnight due to the intense GM-Ford-Chrysler-Nipponese competition. Additionally, there are other huge indutries out there ( Farm tractors and Implements, Heavy Construction machinery, Mining machinery, Crawler and Mobile Cranes, Industrial and Marine (prime mover) diesel engines, Motorcycles and Off-road Sports vehicles, Outboard and Inboard boat motors, Small engines, etc., that all need the LACC technology to reduce cost and eliminate lubricants in their shops. This is not a "..one trick pony.." cell phone ring-tones niche play.
It may not do the humpity-bumpity-retrace thing that you're used to. So, a "..BUY & HOLD.." Reco is the order of the day. There are a number of major things about to happen, IMHO, that could leave a 'day-flipper' on the "..outside..", down the block, and around the corner - bloody well wishing he could get near the velvet rope and still be "..looking in.."!!! I hope you don't learn that lesson here the hard way..!!!
NITE and CornBall Crapital and their 30MM+/- NSS 'vapor shares' are about to be emasculated big time. That may happen with absolutely no notice, and much sooner than anyone might imagine.
posted
ACHI - AmeriChip International Inc. Releases Its New Laser Head for Delivery
PLYMOUTH, MI, May 02, 2006 (MARKET WIRE via COMTEX) -- The Board of Directors of AmeriChip International Inc. (OTC BB: ACHI) announced that the Company has released for delivery one of three custom laser heads which have been built to the Company's specifications for continuous improvement and development of its applications.
"Specifically, the new laser heads allow for a broader scope of applications, providing the Company with the means to advance our Research and Development of the LACC systems for future applications. The new laser heads enable our R & D Department to accelerate the advanced development and testing of laser cutting heads which will be used to benchmark breakthrough technology in the laser head cutting industry, worldwide. I am proud to have been instrumental in this advancement on behalf of AmeriChip," said Ed Rutkowski, the inventor of the LACC (Laser Assisted Chip Control) process.
Over the past three years, Mr. Rutkowski has developed the criteria creating these new laser heads which will be used in a variety of ways on working models to support new product development. With the addition of the new laser head to its lab, the Company has significantly enhanced its ability to provide guaranteed repeatability on production runs, further augmenting its existing quality control systems.
Headquartered in Plymouth, MI, U.S.A., AmeriChip International Inc., a technology company, holds a patented technology known as Laser Assisted Chip Control, the implementation of which results in efficient chip control management in industrial metal machining applications. This technology provides substantial savings in machining costs of certain automobile parts, providing much more competitive pricing and more aggressive sales approaches within the industry.
The innovative AmeriChip business model, enhanced by its AmeriChip Tool and Abrasives subsidiary, is designed to establish an extensive resource for cost-saving services and products that all cost-conscious industrial steel and aluminum machining companies require. AmeriChip is committed to keeping jobs in America for Americans.
For more information, visit our website at www.americhiplacc.com or, contact R Windsor at 905-898-2646 or, send an e-mail to r.windsor*americhiplacc.com. R. Windsor 905-898-2646 r.windsor*americhiplacc.com www.americhiplacc.com SOURCE: AmeriChip International Inc. CONTACT: mailto:r.windsor*americhiplacc.com http://www.americhiplacc.com
IP: Logged |
quote:Originally posted by Jason0321: There are like 59 posts on this thread and I think 50 of them are yours yellow.... You sure are creating a buzz...lol
This stock was 0.022 when I started the Board, it recently bounced off of 0.10, and it should be $1+ in a few months - PPS projections by very smart people are much, much higher.
For an engineer with may years of heavy industraial experience, this is the kind of technology and these are the kinds of stocks you keep collecting on every dip. You do it every week, and after a while they end up paying for lake houses, sailboats, Hummer H2s, new Harleys, airplanes, and lots of other nice toys......
"...Patience, Grasshoppah............ and "..BUY or CRY.."!!!
posted
Hot Diggity, ..now even the sputtering, ignorant, thumb-sucking, liberal twits in Dizzy City should have a grip on the importance of Machining..!!!
OMAHA, May 5 -- Rather than wait for Saturday's annual meeting, Warren E. Buffett's Berkshire Hathaway Inc. announced a multibillion-dollar acquisition Friday.
Berkshire said it will pay $5 billion for an 80 percent stake in privately held Iscar Metalworking Cos., which makes metal-cutting tools. The company's current owners, the Wertheimer family, will retain 20 percent ownership.
The deal appears to be the third largest in Berkshire's history, behind the $5.1 billion acquisition of utility PacifiCorp announced last year and the $16 billion stock purchase of reinsurance giant General Re in 1998.
Investors had been speculating that Buffett might announce an acquisition at Saturday's meeting because Berkshire has been flush with more than $40 billion in cash, and Buffett has said he was looking for the right opportunity.
Iscar's management team will remain in place, as is customary when Berkshire buys companies. Iscar has facilities worldwide, with the largest in Tefen, Israel.
"As a truly international business, IMC is a top performer in its industry," Buffett said in a statement. Buffett, chairman of Berkshire Hathaway, is a major investor in The Washington Post Co. and sits on its board of directors.
Berkshire spokeswoman Debbie Bosanek said no one was available to discuss the acquisition because the company is preparing for the annual meeting, expected to draw a record 23,000 people.
The company reported a 70 percent jump in first-quarter earnings on strong performance from its investments and insurance businesses. Profit was $2.31 billion, compared with $1.36 billion in the comparable period last year, according to Berkshire's filing with the Securities and Exchange Commission, released late Friday afternoon.
Berkshire owns a diverse mix of companies including furniture, insurance, jewelry and candy companies, restaurants, natural gas and corporate jet firms, and has major investments in such companies as Coca-Cola Co., Anheuser-Busch Cos. and Wells Fargo & Co.
Shares of Berkshire stock gained $710, or about 1 percent, Friday to close at $88,710 on the New York Stock Exchange. The company announced its latest acquisition after the market closed.
posted
Great news for the world of industrial machining...!!! .. With potential good fallout for ACHI.
Berkshire investors excited by overseas push By Alistair Barr, MarketWatch - Last Update: 2:45 PM ET May 7, 2006
OMAHA, Neb. (MarketWatch) -- After Berkshire Hathaway Inc.'s annual meeting three years ago, the company had a special gathering for the first time for international shareholders who got to chat briefly with Chairman Warren Buffett and take a quick photo. Roughly 100 people attended.
At Saturday's meeting Buffett made a point of announcing that about 550 overseas investors requested tickets this year, up from 380 in 2005.
"This year it was absolutely enormous," Peter Webb, a U.K.-based Berkshire shareholder who's attended all three international meetings, said. "Waiting in line, everyone was talking about their own country and at least three people said they planned to ask Mr. Buffett if they could write to him about acquisition opportunities."
Investors were asked to enter a meeting room in small groups to meet not only Buffett and his partner Charlie Munger, but also director Bill Gates, the founder of Microsoft Corporation, Webb said. "Suddenly, people were in front of the two richest men in the world," Webb said. "It was a bit overwhelming for some."
While overwhelming, the growing importance of the international shareholder meeting illustrates Buffett's increasing focus on investment opportunities outside the U.S., Webb and other investors said on Sunday.
On Friday, Berkshire announced the acquisition of an 80% stake in Israeli metal cutting tool manufacturer Iscar Metalworking Cos. for $4 billion.
The following day during the main annual meeting, Buffett noted that Iscar was the first ever company that Berkshire bought that was based outside the U.S. and hinted that he would be making more acquisitions abroad. See full story. "Buffet and Munger are expanding their hunting ground from the U.S. to the entire world," said Whitney Tilson, head of money management firm Tilson Capital Partners and a Berkshire shareholder. "They've taken a big step in that direction with the Iscar acquisition."
Part of this strategy is tied to Buffett's increasing concern about the U.S.'s growing trade imbalances and their potential to weaken the U.S. dollar. In 2002, he increased Berkshire's bets against the dollar and more recently he's invested more money in overseas assets to hedge against a decline in the greenback.
But more international acquisitions could also help Berkshire find better places to invest its cash pile of roughly $40 billion. The company has been under increasing pressure to put the money to work or use it to buy back shares or even pay a dividend -- things that Buffett has almost always shunned. The international shareholder gathering at Berkshire's annual meeting is a great way for Buffett to showcase the company abroad as a benevolent acquirer, Tilson said. "These shareholders are potential ambassadors who may go back to their countries and start singing the praises of Berkshire to people like the owners of Iscar," Tilson added. International expansion may also help Buffett track down more family-owned businesses.
When buying family-run businesses like Iscar, Berkshire has an advantage over private-equity funds because it has a reputation for not meddling much with the firms it controls. While strong capital markets in the U.S. mean there are fewer private, family-owned businesses available. But in other, less developed countries, there are many companies that have grown large without accessing public markets, Thomas Russo, a partner at Lancaster, Penn.-based investment firm Gardner Russo & Gardner, said.
"In the acquisition world, Warren has long cultivated his presence among family business owners who at some point may wish to transfer their corporate assets to a trustworthy home and receive money for that," Russo, a Berkshire investor since the mid-1980s, said. "Berkshire has clearly put itself forward as the best acquirer for families who care about what happens to their businesses after selling."
While Berkshire has gotten this message out well for years in the U.S., Russo said Buffett has begun using the international shareholder gatherings to spread the word abroad. "The message goes home with these investors that Berkshire is a special kind of place," Russo added. "Buffett's broadening awareness among foreign, family-owned companies that Berkshire is the kind of respectful place that they'll want to transfer their business to." End of Story
Alistair Barr is a reporter for MarketWatch in San Francisco.
posted
WOW..!!! Here is a reason Warren Buffet (..and you..) might like to invest in this new American Machining technology.........
It's a very important reason why using AmeriChip's LACC technology to "..get rid of machining shop lubricants.." is so important..!!!
Flint Journal, The (includes 8 weekly titles)(MI) - Flint Journal, The (MI) May 7, 2006 - 10 years ...100,000 pages ...$800,000
Attorney's long fight ends with justice for his father Author: Ken Palmer; kpalmer*flintjournal.com * 810.766.6313 Edition: THE FLINT JOURNAL FIRST EDITION - Section: LOCAL NEWS Page: A01 - Dateline: FLINT Index Terms: Flint area general news - FNEW - local news localnewsCOURTS & CRIMES - Article Text:
When he left his corporate job in Illinois and moved back to Flint to take on the world's largest corporation, Dale E. Bock thought he knew what to expect: living leaner, making sacrifices.
"We didn't know at the time it was going to take everything we had," said Bock, now 49, of Flushing.
"It really was a family decision," said Bock, now 49, of Flushing. "In my wife's words, 'If you don't do this, you're going to be miserable.' So we decided to give the case everything we had."
In the end, Bock couldn't keep the one promise he made to his wife, Rosemary: that they wouldn't touch his pension.
But Bock had a compelling reason to leave his six-figure legal job with State Farm Insurance, refinance his house twice and burn through his savings and pension money: his father.
George E. Bock died in 1995 from an illness linked to his job at General Motors' Flint V-8 Engine Plant.
He and a co-worker, Robert Meyer, had discovered that [u]the chemical soup they worked in every day[/u] might be responsible for a rash of illnesses, including serious lung disorders.
When no lawyers around Flint would take a massive case against the area's largest employer, the younger Bock decided to do it himself.
He sued General Motors and a supplier on behalf of his father and other workers who became ill from exposure to metalworking fluids.
"I knew it was going to be a big case, but I don't think I knew it was going to be a 10-year fight," he said. "One year turned into two. Two years turned into five, and five years turned into 10. And the pension fund was gone."
Ten years, 100,000 pages of documents and $800,000 in costs later, the workers won. The last claims were settled earlier this year.
Ultimately, GM escaped liability.
But Cincinnati Milacron, which supplied the fluids and monitored their use at the plant, settled claims by dozens of workers who were sickened by exposure to chemical compounds that hung in the air and permeated their clothing.
All along, the companies denied they knowingly subjected employees to hazardous levels of the chemicals. Neither is commenting on the case or the resolution.
Bock said the litigation was difficult and acrimonious.
"There were many, many dark times when the cash was gone, and I wondered how I and my family would support ourselves," Bock said.
"Then Bob Meyer would come in and buy me a new suit. These people became more than just clients. They would stop in and offer words of support.
A company man
In 1956, George Bock hitchhiked from Simcoe, Ontario, to Flint and landed a job at the engine plant.
"He was actually on his way to Buffalo," Dale Bock said. "A driver who picked him up said he'd heard they were hiring hundreds of people in Flint He got out and headed (to Flint)."
A small but robust man who played hockey well into his 40s, Bock fell ill in the fall of 1993, about the same time that 6,000 gallons of coolant spilled into a pit beneath his work area.
Bock had trouble breathing and was overcome by fatigue, but doctors didn't know why. He turned ashen gray and gained 50 to 60 pounds, a side effect of the steroids prescribed to ease his breathing problems.
Bock, his wife, Ruth, and Meyer, who suffered similar symptoms, traveled to universities throughout the area, looking for answers.
"George was tenacious," Meyer said. "He was like a pit bull. When he bit into something, he didn't let go. He got me fired up."
The quest led Bock and Meyer to a Canadian government agency in Windsor, Ontario, where they saw dozens of studies on the health effects of metalworking fluids.
They also found an expert at Michigan State University who performed tests and advised them not to go back to work at the plant, at least not without breathing protection.
Meyer said he offered to pay the $500 cost of a positive airflow respirator, but plant officials refused to allow it.
"The plant doctor said we can't let you came back to work wearing something like that because it would scare the rest of the employees," he said
In 1994, after being tipped off by a union representative at the plant, Bock and Meyer attended an industry seminar on metalworking fluids in Dearborn.
"We crashed the party," Meyer said. "They were looking at studies that had already been done (about the effects of metalworking fluids)."
George Bock died on April 25, 1995, from a heart attack allegedly brought on by hypersensitivity pneumonitis, a disorder that restricts breathing and causes scarring in the lungs. He was 60.
Dale Bock advised Meyer and other workers to find a local attorney.
"We couldn't find anybody else to take it," said Meyer, 61, of Genesee Township. "They'd look at it and say, 'You've got a heck of a good case, but it's too time-consuming and too much to take on."
Home again
Dale Bock, a 1975 graduate of Holly High School, earned degrees from Oakland University, the University of Nebraska Law School and the National Law Center in Washington, D.C.
He was in charge of class-action litigation at State Farm, earning a good living with good fringe benefits.
"I wasn't a novice in litigation," he said. "I'd had big-case litigation experience."
But it was not an easy decision to move Rosemary, daughter Katie and son Adam to Michigan on a financially tenuous proposition, he said. Another daughter, Robin, was born six years ago.
Bock rented office space from attorneys in the Citizens Bank building and devoted virtually all of his time to the workers' suits.
He did research, reviewed potential claims from hundreds of workers and wrote most of the court pleadings.
Katie and Dale Bock's brother, Matt, also helped with computer and document duties, while Rosemary helped with proofreading.
They did not go it alone: There was co-counsel Valdemar L. Washington, a former Genesee Circuit Court judge, and a determined group of clients who not only helped finance the litigation but also provided emotional support.
Two years into the case, famed trial lawyer Gerry Spence also joined the workers' legal team, bringing more resources and a higher profile.
The legal team discovered key evidence through luck or happenstance because Milacron wouldn;t reveal it, Bock said.
"(And) we were fortunate to have a judge who would take the time to learn the case, who stuck this case out for 10 years," said Bock, referring to Genesee Circuit Judge Geoffrey L. Neithercut.
"Without all that, this case would have been a quiet disaster."
But the most important piece might have been Bock, a soft-spoken, unassuming man who has the tenacity and determination of his father, his colleagues and clients said.
"Dale Bock went way above and beyond," said Meyer, who went on disability for lung and other problems similar to George Bock's. "He did things that just amazed us."
Setbacks, then resolution
Bock and Washington initially sought to make the case a class action, meaning that hundreds or even thousands of other workers might have been able to seek damages if it went forward.
Ultimately, they decided to pursue the workers' claims individually because a class action would have prolonged the litigation for several more years.
A big blow came in 2001, when the state Court of Appeals overturned Neithercut and ordered that GM be dismissed from the case, saying the workers hadn't established a claim against the automaker.
But the appeals court denied Cincinnati Milacron's appeal for dismissal, and the Michigan Supreme Court subsequently refused to hear an appeal of the appellate decision.
Settlement terms were not disclosed, and it is unclear how many workers were compensated in the litigation.
Bock would say only that "many dozens" of the 555 workers who asked to be included in the litigation had verifiable claims.
He, Washington and other attorneys who worked on the case were compensated for their work. But for him, at least, there was no pot of gold at the end of the rainbow, he said.
"We both came through it OK," he said, referring to Washington. "Did I do better than I would have done if I'd have stayed in my old job? No. But I don't know that I could have done it differently."
The case was never about money, said Bock, who signed off on any interest in his father's estate to avoid a potential conflict.
"My dad and my mom were decent, hard-working blue-collar people who would do anything for someone who needed help. They taught me early on it was more about decency, integrity and honesty.
"My dad always told me that he didn't care about money. It was just the way people kept score."
Still angry at GM
Dale Bock said he's "sickened" that GM escaped the litigation before all the evidence could be heard.
In dismissing GM from the case, the appeals court made it even tougher for workers to recover damages in what already was an employer-friendly state, he said.
Two similar lawsuits by workers at the Flint Metal Center and the former Buick City complex are still pending. But there's hardly been a boom of similar cases across the country, he said.
Still, the suits have resulted in a greater awareness of the hazards of metalworking fluids, he said. The V-8 plant is gone, and Flint Engine South, the new factory on Van Slyke, has a much safer system, he said.
"I think we think we have changed forever how these metalworking fluids are used," Bock said. "There also has been a tremendous amount of satisfaction and relief for these workers and their families."
With the case finished, Bock is starting over again, handling labor-related cases from an office on Miller Road in Flint Township.
Katie Bock, now 21, plans to become a lawyer, largely because of her experience in her grandfather's case.
Dale Bock said he's still struck by ironies in the case.
His father, a loyal company man, was a top suggestion award winner at the engine plant and paid for all of his son's education with bonuses from suggestion awards, the younger Bock said.
But after his father became sick, the company treated him like a malingerer and refused to grant him worker's compensation, he said.
The week of his father's funeral, he told company attorneys he would go away if GM paid the worker's comp it owed, Dale Bock said.
And if they didn't?
"I told them, 'I'm George Bock with two law degrees,'" he said.
Caption: George E. Bock died April 25, 1995, at the age of 60.
Bock amassed boxes of files over a decade as he pressed the case over health effects of metalworking fluids.
The Flint Journal * Lisa DeJong
Bock's father, George, worked at General Motors' former Flint V-8 Engine Plant, shown in 1997.
Dale E. Bock has reached the end of a 10-year legal fight against GM and a supplier.
Meyer
Katie Bock
Memo: A fluid timeline
Here are key dates in the litigation over the health effects of metalworking fluids:
* SEPTEMBER 1993: 6,000 GALLONS OF CONCENTRATED COOLANT SPILL INTO A PIT BENEATH MACHINE OPERATORS AT THE GENERAL MOTORS FLINT V-8 ENGINE PLANT.
* APRIL 1995: LONGTIME V-8 FACTORY WORKER GEORGE E. BOCK, 60, DIES OF A HEART ATTACK BROUGHT ON BY COMPLICATIONS FROM HYPERSENSITIVITY PNEUMONITIS, A LUNG DISEASE LINKED TO EXPOSURE TO METALWORKING FLUIDS.
* 1996: ATTORNEY DALE E. BOCK, SON OF GEORGE BOCK, FILES LAWSUITS AGAINST GM AND CINCINNATI MILACRON, A SUPPLIER, ON BEHALF OF HIS FATHER AND OTHER WORKERS ALLEGEDLY HARMED BY EXPOSURE TO METALWORKING FLUIDS.
* NOVEMBER 1998: LAWYERS FOR THE WORKERS ANNOUNCE THAT FAMED ATTORNEY AND AUTHOR GERRY SPENCE HAS JOINED THEIR TEAM.
* SEPTEMBER 1999: GENESEE CIRCUIT JUDGE GEOFFREY L. NEITHERCUT GRANTS CLASS-ACTION STATUS TO THE LITIGATION, MEANING HUNDREDS OR THOUSANDS OF OTHER WORKERS MIGHT BE ABLE TO SEEK DAMAGES.
* MARCH 2000: THE 21 ORIGINAL PLAINTIFFS DROP THEIR REQUEST FOR A CLASS ACTION BECAUSE IT WOULD DELAY RESOLUTION OF THE CASE. THEIR ATTORNEYS FILE A SEPARATE SUIT ON BEHALF OF 17 OTHER WORKERS AT THE ENGINE PLANT.
* APRIL 2000: NEITHERCUT IMPOSES MORE THAN $200,000 IN SANCTIONS AGAINST ATTORNEYS FOR CINCINNATI MILACRON FOR STALLING AND HIDING INFORMATION FROM THE WORKERS AND THE COURT.
* JULY 2001: THE STATE COURT OF APPEALS OVERTURNS NEITHERCUT AND RULES THAT GM BE DISMISSED FROM THE LITIGATION. THE COURT, HOWEVER, DENIES CINCINNATI MILACRON'S APPEAL TO BE DISMISSED FROM THE SUIT.
* MAY 2002: THE STATE SUPREME COURT DECLINES TO HEAR APPEALS BY THE WORKERS AND MILACRON, LETTING THE APPEALS COURT RULING STAND.
* SPRING 2003: ON THE EVE OF TRIAL, ATTORNEYS FOR THE WORKERS AND MILACRON REACH AN AGREEMENT IN PRINCIPLE TO SETTLE THE FIRST SUIT COVERING 21 WORKERS.
* FEBRUARY/MARCH 2006: ATTORNEYS SETTLE THE REMAINING CLAIMS, ENDING A FULL DECADE OF LITIGATION.
Copyright 2006 The Flint Journal. All Rights Reserved. Used by NewsBank with Permission. Record Number: 0413844884
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
