For immediate release, Mountain View, CA, June 12, 2000.
sp3 Inc. ACQUIRES CML DIAMOND MANUFACTURING FACILITIES
sp3 Inc., Mountain View, CA, based manufacturer
of diamond cutting tools, is pleased to announce that it has acquired the
diamond manufacturing facilities of Crystalline Manufacturing Ltd. (CML) of
Calgary, Alberta, Canada. The acquisition allows sp3 to add the
thick-film polycrystalline diamond manufacturing capability of CML to its
existing DIAbide™ thin-film diamond capability, thus further broadening
sp3's range of diamond cutting tools. The acquisition confirms
sp3's commitment to the manufacture of a full spectrum of diamond
cutting tools.
CML's state-of-the-art facilities include multiple DC
torch deposition reactors, and laser cutting, polishing and metrology
equipment. Current products include heatspreaders for high power laser diodes,
transistors, and monolithic integrated circuits. sp3 will develop
thick-film cutting tools at the Calgary facility. All present CML staff are now
employees of sp3 Inc.
sp3 manufactures the world's
largest offering of diamond-coated carbide cutting tools — over 500 styles
of endmills, drills, indexable inserts, profiling inserts, multiple-flute
routers, and saws. Tools are produced using sp3 patented deposition
technology and hot-filament reactors developed by sp3.
For
further information concerning this release please contact James Herlinger,
President, sp3 Inc., (650) 966-0630. |
Calgary facility utilities