F&S Tool Appointed as NEW Ritemp® Medical Market Technology Development Center
F&S Tool, Inc. announced today that it has formalized an agreement with Ritemp® Technologies Pty. Ltd. (Australia), through its exclusive agent yGRENE™ Technologies Inc., as a designated TDC (Technology Development Center) for the Medical Market.
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This designation provides commercial advantages for F&S Tool clients to collaborate with, and develop application solutions using the patented Ritemp® evaporative cooling technology for injection molds. The advantages it provides to customers is consistent with other Ritemp™ designated TDC’s.
"F&S Tool understands clearly that clients require a competitive advantage to help justify investments to reach and or maintain, market leadership status in their respective segments,” stated JD Faulkner, CEO of F&S Tool. “Customer interest is extremely high and the decision process to embrace Ritemp® is relatively fast. This was a natural and “synergistic” fit with our mission to provide cost effective solutions to the global market.”
“Sustainability initiatives of global OEM’s and molders alike are finally taking center stage,” stated Scott Molnar, President yGRENE™ Technologies, Inc. “We have proven time and again that significantly reduced cycle times can be achieved using less energy and minimal water requirements of only 3 GPM’s. Additional benefits of improved dimensional stability, faster start-ups, and improved part quality are equally important. This provides quantifiable savings and a quick ROI for F&S clients, and all with reduced CAPEX requirements.”
Of additional benefit, F&S Tool is already engaged in tool builds that incorporate Ritemp® into the hot runner systems, as well as the cold half portion of the solution. This all translates into serious market advantages for clients.
A working demonstration of F&S’s total medical solution, including post mold handling with yAUTOMATION™, and a complete Ritemp® mold, will be showcased to clients on an “invitation only” basis. Details of the solution and processing results are being compiled at this time and will be provided in an upcoming Press Release.
JD Faulkner Scott Molnar
About F&S Tool, Inc.: Founded in 1983, F&S is a global supplier of injection and compression tooling ranging from single cavity proto-types to 128 cavity interchangeable tools. Based in Northwestern Pennsylvania USA, the current solutions portfolio includes unscrewing, stack, multi-shot, rotational co-injection, and collapsible core molds. F&S Tool is currently housed in two facilities, within walking distance, which encompasses over 50,000 square feet. Facilities are equipped with the latest mold making equipment available. The state of the art climate controlled facilities includes a fully equipped production tool-room that has recently completed a 3 year, 4 million dollar expansion. Machine highlights include multiple 5 axis jig bores with robotics, as well as complete in house base plate machining centers. These investments, coupled with the ability to certify work in process with multiple Zeiss CMM machines, ensure accurate documented dimensions of our clients finished product. Markets served include Medical & Pharmaceutical, Food & Beverage, Consumer Goods, Household Packaging, Personal Care, Caps & Closures, and other consumer driven markets.
About yGRENE™ Technologies Inc.: Founded in 2005, yGRENE™ Technologies focus is to provide solutions to the plastics industry to reduce costs and improve margins and efficiencies while also having a measurable impact on the sustainability footprint for all stakeholders. Key technologies in this regard include yAUTOMATION™, Ritemp® and Frigel® Intelligent Process Cooling. yGRENE™ is supported by North American based associates with plastics processing experience in sales, applications, engineering, tooling, automation, process improvement and strategic marketing.
About Ritemp® Technologies: Ritemp Technologies Pty. Ltd. was founded in Adelaide, Australia in 2006 to further develop and commercialize the Ritemp® patented mold temperature control process. Quantifiable cycle time reductions of 20-50%, coupled with its “cleantech” benefits, reduced maintenance costs and superior dimensional stability results now have Ritemp Technologies recognized as a leader in the field of mold temperature control technologies.
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