Vac Aero and Hightemp Enter into a New Agreement

The Monty, October 7, 2005

Within a matter of weeks an agreement will be finalized between Vac Aero (new vacuum furnaces, Oakville, Ontario, Canada) and Hightemp Furnaces (new atmosphere furnaces, Bangalore, India). While some signatures are still required we have no hesitation in declaring this a done deal. The agreement will mean Vac Aero is transferring technology information and manufacturing experience to Hightemp Furnaces so Hightemp can build and market new vacuum furnaces for the Indian market.

As of today a number of individuals from Hightemp have completed their training at the Vac Aero facility in Oakville and are back in India applying it to the new Hightemp vacuum heat treating facility. I have no doubt but that this is a win/win situation for both companies.

At "The Monty" we are very pleased to say that we made this happen by introducing the two companies after doing some industry research. Should you or your company find yourself in need of a partner, licensee or co build either overseas or domestic please let us know and we'll see what we can do for you. One more service that we at "The Monty" can offer.