CHGT Finds Niche Helping Large Manufacturers Streamline Their Production Processes
“Were discussing ways CHGTs capabilities and expertise can help them greatly improve their current inefficient production methods,â€
HOUSTON--(BUSINESS WIRE)--Changing Technologies, Inc. (OTCQB: CHGT) is talking with a large-scale production company to provide 3D printing/additive manufacturing services that would help the fabricator simplify its process and make its production pipeline more efficient.
"Were discussing ways CHGTs capabilities and expertise can help them greatly improve their current inefficient production methods," said company CEO Marco Valenzuela. "Right now, their system has some bottlenecks we can untangle for them by providing outside turnkey 3D printing and additive manufacturing services for both large-scale and small projects. This will allow them to become more efficient, turn out more products in less time and add new revenues to our bottom line. Its a scenario where everyone comes out ahead."
Valenzuela said the manufacturer turns out a variety of popular products, ranging from toys to accessories to household items.
"Theyre quite interested in using 3D printing/additive manufacturing in their production process, which is why our expertise is so appealing to them," Valenzuela said. "This has the possibility of growing into a long-term, mutually beneficial partnership."
This latest move gives validation to CHGTs recently announced plans to invest in new 3D printing equipment. A technology survey has found that two out of every three industrial manufacturers are using or want to use 3D printing.
For more information on CHGT, please visit www.changingtechno.com.
For more information on 6th Dimension Technologies, visit http://www.6d3d.com.
About Changing Technologies, Inc.
Changing Technologies, Inc. (CHGT) is an emerging technology company focused on developing innovative concepts to bring to consumers. It recently created a new subsidiary - 6th Dimension Technologies - to pursue additional growth areas and market needs in the booming 3D printing sector. A forward-thinking company working to be at the forefront of the next generation of consumer-based technology, CHGT is positioning itself to leverage global demand for the latest technological advances and services the company offers. Changing Technologies, Inc. is in the cutting-edge technology sphere alongside companies like Voxelijet AG (VJET), Arcam AB (AMAVF), and ExOne Co. (XONE).
Featured Product
Model TR1 Tru-Trac
The Model TR1 Tru-Trac® linear measurement solution is a versatile option for tracking velocity, position, or distance over a wide variety of surfaces. An integrated encoder, measuring wheel, and spring-loaded torsion arm in one, compact unit, the Model TR1 is easy to install. The spring-loaded torsion arm offers adjustable torsion load, allowing the Model TR1 to be mounted in almost any orientation - even upside-down. The threaded shaft on the pivot axis is field reversible, providing mounting access from either side. With operating speeds up to 3000 feet per minute, a wide variety of configuration options - including multiple wheel material options - and a housing made from a durable, conductive composite material that minimizes static buildup, the Model TR1 Tru-Trac® is the ideal solution for countless applications.
