Manufacturing Firm ExOne Plans IPO

ExOne, a North Huntingdon manufacturing company that relies on technology some speculate will fuel the next industrial revolution, has filed plans to raise up to $75 million through a public offering of an undisclosed number of shares.

Documents the company filed Tuesday with the Securities and Exchange Commission indicate ExOne will use the proceeds to expand its capacity and capabilities, pay off a $9.6 million line of credit it has with its majority stockholder and repurchase production equipment it leases from two related entities for $3 million.

No information was provided about how the shares will be priced. The IPO is being managed by FBR Capital Markets.

The filing indicates ExOne lost $11.1 million in the first nine months of last year on revenue of $15.9 million. ExOne said 30 percent of its revenue for the nine-month period came from the Americas, 34 percent from Europe and 29 percent from Asia.

The company lost $8 million in 2011 on revenue of $15.3 million.

ExOne is one of a growing number of companies that rely on 3-D printing to make complex parts using digital imaging. Its customers include Boeing, Ford Motor, BMW, Caterpillar and Deere & Co.

So-called 3-D printing, also known as additive manufacturing, involves slicing digital images of industrial pumps, automotive equipment and other products into hundreds or thousands of layers the width of a human hair. That data is sent to a 3-D printer similar to an inkjet printer.

But instead of ink, the printer emits alternating layers of sand and powdered materials into a box, where a liquid binder holds the layers together, resulting in a physical version of the digital image.

The technology eliminates weeks of bending, molding, punching, grinding and machining parts that must then be assembled into a finished product. Advocates say 3-D printing will revolutionize industry by bringing more manufacturing back to the United States.

ExOne currently makes products out of ceramic, stainless steel, bronze and glass. The filing stated proceeds from the offering will help it move into titanium, aluminum, tungsten carbide and other materials.

ExOne grew out of Extrude Hone Corp. and was acquired for $7.2 million in 2007 by S. Kent Rockwell, ExOne's chairman and majority shareholder. Mr. Rockwell and other owners have invested another $40.7 million in equity and debt since then, the document states.

 

 

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Research on Nuclear Physics Detailed by Investigators at Siemens

Research findings on Nuclear Physics are discussed in a new report. According to news reporting originating from Erlangen, Germany, research stated, "A new Geant4-based code MCADS (Monte Carlo model for Accelerator Driven Systems) aimed at Monte Carlo simulations of Accelerator Driven Systems (ADS) is developed and validated. It is used to study neutron production and energy deposition in spallation targets made of non-fissile and fissile materials."

 "Detailed simulations are performed for monolithic tungsten and uranium targets irradiated by 600 MeV protons. We have found that the number of produced neutrons per proton is about 3 times higher in the uranium target, while the energy deposition per neutron is almost the same in both targets. We have also considered a uranium target with admixture of Am-241 and estimated its burning rate."

According to the news editors, the research concluded: "Our conclusion is that up to 4-5 kg of minor actinides can be burnt by an ADS facility during the first year of its operation."

 

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Tungsten Rings and Other Rings

If you're looking for men's rings and you're in the market for a tungsten wedding band, you know that tungsten rings are the new industry standard for quality. Tungsten wedding rings have been referred to as the "Permanently Polished Ring." But not all tungsten wedding rings are created equal. Our tungsten carbide wedding bands are not cheap wedding bands in quality. EVERY SINGLE ONE of the tungsten wedding bands at Wedding Rings Forever upholds quality standards most companies choose to ignore in their wedding bands. Our mens wedding bands are cobalt free. This is VERY important! Most people are fooled by cheap tungsten rings which contain cobalt and take away the qualities of true tungsten carbide.

Tungsten carbide rings are 10 times harder than 18K Gold, 5 times harder than tool steel, and 4 times harder than titanium. Tungsten rings measure between 8 and 9 on the Mohs hardness scale. (Diamonds are a 10 - the highest). Tungsten wedding bands rings will not bend, scratch, or warp in any way. They are the toughest rings on the planet and will truly last FOREVER. In a medical emergency, our tungsten wedding rings can be easily removed by a medical professional or experienced jeweler.

Cobalt Rings

The newest player onto the market are the new cobalt rings from Wedding Rings Forever. These mens wedding rings are so unique because of their bright white color and their ability to hold stones. Cobalt wedding bands are a shatter proof ring, with a durability rating higher than titanium rings. Many people have expressed the desire to have a tough ring that better matches their companions white gold or platinum band, and cobalt is the solution. We are currently expanding our cobalt bands market with new styles arriving daily. We also do custom cobalt ring design, and the designs can be more intricate as the metal is better to work with.

Ceramic Rings

One of the newest trends in high quality wedding rings are the new ceramic rings. Available in many colors, though the most popular color has been the black ceramic ring. This is not your pottery class stuff here, but rather an incredibly hard and lightweight hi-tech compound which is the solid color all the way through. Tungsten rings that are black simply come with a plating, that can scratch and wear off. If you're looking for a black wedding ring, ceramic is the only way to go. Unless you're adamant about having a black tungsten wedding band, the ceramic rings will wear better, be lighter and offer the same look.

Platinum Wedding Rings

Simply put, platinum is the best there is. We use only PT950, with the remaining 5% being ruthenium for a lasting shine and durability unparalleled in the jewelry industry. Platinum wedding bands wear much better than gold, and never lose their brilliant color as white gold bands may after time and wear. Though not as scratch resistant as tungsten rings, platinum will always be able to look as good as new with a clean and polish. Platinum also looks good on both men and women, and is one of the most valuable metals on Earth.

Diamond Wedding Rings

The age old saying, "A diamond is forever!" still rings true at Wedding Rings Forever. We have breathtaking pave rings with upwards of 200 stones that offer sparkle and shine like never seen before. Diamond engagement rings and diamond bands alike are always the way to please your bride. We only work with quality genuine and certified diamonds, unless clearly stated as a CZ. Many of our tungsten wedding rings are set with CZ's for the cost sensitive shopper, but can be swapped for real stones on request. Though tungsten wedding bands are considered our bread and butter, we have been able to help countless couples with a custom diamond ring. In some applications, where cost is a concern, we use the highest quality cubic zirconia stones available on the market today. Call for a specialized bid on any gemstone and dream setting. Custom designs welcome! Please realize that different metals will yield different results, and that tungsten rings will not offer the same versatility as gold diamond rings. Let us save you thousands on your diamond purchase.

Gold Wedding Rings

Gold is timeless and will never go out of style. Whether is be white gold wedding bands, or men's gold rings, we offer anything and everything on the market at the lowest and cheapest price out there. Often times, tungsten rings can be an option for less than half the cost of gold. They match up quite well with your fiances white gold or platinum band. If it's yellow gold you're after, we can inlay 14K yellow gold into a tungsten wedding band for an incredible two tone look sure to stand out and wear better than other gold rings. We have a specialized program for custom design unique gold rings that allow you to see your ring in a wax before it's ever actually cast. Then you can choose to mount a $25 CZ or a $25000 dream diamond with any sort of gemstone in between. If we don't offer the best price, be careful. There are many jewelers out there offering enhanced stones and other product which is cheap and low quality. If you're after a complex design, setting it in gold may be a better option than doing it in a tungsten wedding ring. We now also offer many of our gold wedding bands in X1 white gold, which keeps it's bright white look 4 times as long and is the best gold money can buy.

 

Tungsten Carbide Manufacturer & Supplier: Chinatungsten Online - http://www.tungsten-carbide.com.cn
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Maintenance Guide for your Tungsten Ring

When choosing their wedding band, many men and women choose to go the Tungsten ring route. This is a good choice. One advantage, especially for men, is that tungsten wedding bands require much less care and tend to maintain their look better than gold or platinum wedding rings. Unlike gold or platinum rings, which are softer metals, tungsten rings are very durable and scratch resistant. For example, gold rings can scratch even while you’re cleaning them.

However, just because tungsten carbide rings are extremely durable does not mean that they do not need to be cleaned at all. All forms of jewelry, including tungsten jewelry, require maintenance. However, you must take care to use the proper cleaning solutions and techniques so that you do not cause damage to your ring.

Cleaning your ring:

To get started, here are some suggested items to get started for cleaning your tungsten ring: a clean cotton towel, mild hand soap and an old toothbrush.

Turn on the water and rinse your ring. Place some of the mild hand soap you are using onto the toothbrush you are going to use. Then, simply clean the ring using the toothbrush. The bristles of the brush are great for getting into any grooves, if your ring has any.

If your ring is extremely dirty, you can soak your ring in a mixture of warm water and soap for about half an hour. After done soaking, clean as described above.

Important Information regarding cleaning your tungsten:

Do not, by any means, using any harsh cleaning materials/chemicals such as ammonia, bleach or chlorine. These chemicals can damage your tungsten ring. It would be wise to avoid any chlorine treated pools or Jacuzzis when using your ring. Avoid using jewelry cleaning solutions as they are generally designed for other types of jewelry materials.

Ultrasonic jewelry cleaners are not recommended either. Ultrasonic jewelry cleaners aren’t necessary to make your tungsten ring look its best. Moreover, the solutions ultrasonic jewelry cleaners tend to use, may damage your tungsten ring.

How to Properly Care for your Tungsten ring.

The key thing for the care of your ring is to avoid harsh chemicals. If you regularly use bleach in your household cleaning or laundry, it is best to remove your ring before engaging in those activities. If, however, you accidentally get some of these harsh chemicals on your ring, it is best to quickly rinse your ring off and clean the ring with soap and water as described above.

Now that your ring is looking sharp again after removing the grime, you’ll notice that your ring will not have any scratches. The ring, while scratch resistant, is not indestructible. Note: the ring is not indestructible and can be scratched, by diamonds, the hardest substance on earth. Given enough shock or pressure a tungsten ring (or even a diamond) can break. Reputable retailers usually offer a free lifetime warranty for these kinds of accidents.

 

Tungsten Carbide Manufacturer & Supplier: Chinatungsten Online - http://www.tungsten-carbide.com.cn
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How Are Tungsten Carbide Rings Made?

So you now own your very own precious Tungsten Ring or you are thinking about getting a Tungsten Carbide Ring. Maybe it is that you want to know more about what all the talk is with the tungsten wedding bands that you have been hearing before you go out looking for that special ring.
 
Tungsten carbide is the most durable material that can be used for rings.  However tungsten its self can brake because of its rare hardness, therefore adding a carbon alloy prevents this, making it even stronger and virtually indestructible. It rates between an 8 and 9 on the Mohs hardness scale.  To understand better you have to be able to compare it to other metals.
 
18k Gold = Mohs 2
Titanium = Mohs 4
Tungsten Carbide = Mohs 8
Diamonds = Mohs 10 (the highest rate on the scale)
 
Tungsten and carbon are ground up into a powder first then pressed with high pressure dies or molds.  Then they are fired or baked if you will in an oxygen-free furnace at about 6000 degrees Fahrenheit. This is called sintered and forms a ring blank of the hardest metal.
 
Once the ring blank is made, it can then be individually hand cut and polished using a variety of poly crystalline diamond tools and diamond abrasives. To cut and polish a tungsten carbide ring you have to have something stronger then the tungsten and diamonds are about the only thing stronger. There are still about 30 different steps in the process to get it right. It is all very close to how diamonds themselves are cut and polished.  This leaves a tungsten carbide wedding band with a polish and shine that will never fade therefore looking new forever, longer then the eternal love of the couple wearing it. Other metals are to soft to where they can’t hold the process so fade and scratch.
 
With in the cutting process many different things can be done to design the perfect tungsten Ring. You can have inlay of gold and sliver even tungsten ceramic rings. Faceted Tungsten Rings, the ever elegant and popular Celtic tungsten rings, Laser Etched, this is also the only time that an engraving can be done and the only time that the size of the ring can be determined.
 
Due to the hardness of the tungsten carbide you have to know what size you wear when you order your ring, because once the ring is completed it can not be resized.  Special ordering a ring can mean that you have to wait a little longer for your ring but the wait is defiantly worth it. You will have a ring that you are proud to wear and that will never tarnish, scratch, fade, bend, or need repair. Both men’s and ladies tungsten wedding bands have all the same properties and qualities.

 

Tungsten Carbide Manufacturer & Supplier: Chinatungsten Online - http://www.tungsten-carbide.com.cn
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