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Climax Offers Machining Solutions for Shipbuilders

Maritime Activity Reports, Inc.

July 25, 2003

Climax Portable Machine Tools, Inc. announced expanded services for the worldwide shipbuilding market. Under this new business initiative, the company will provide comprehensive services that include engineering consulting services and specialized training in machining techniques, in addition to its line of portable machine tools. The move was made to support the needs of the shipbuilding market for industry modernization, improved productivity, and diversely skilled machinists. Through the solutions package, Climax engineers help shipbuilding and repair organizations develop cost-effective solutions for the building process, and for the retrofit or re-design of outdated equipment. The company's training offerings also help diversify the skill sets of overspecialized workers or expand the skills of undertrained machinists. Climax Portable Machine Tools will also continue to provide its innovative tools to shipbuilding companies where it is often impossible or impractical to move or dismantle equipment in order to service or re-tool it. Climax helps its shipbuilding clients complete jobs ahead of schedule, with tools and services that essentially pay for themselves. "Our vision is to advance the shipbuilding industry by creating powerful and precise portable machine tools and offering the training and engineering services needed to help this industry improve overall productivity and profitability," said Climax CEO Geoff Gilmore, Ph.D., P.E. "This initiative helps us to concentrate our resources so we can realize that vision. Our goal is to build stronger, more seamless relationships with our shipbuilding clients that will enable them to attain improved profitability and market advantage." The company's 37 year history of selling and renting machine tools across the world, including portable lathe, milling, boring and flange facing machines, has given it significant experience in solving the machining challenges of shipbuilding maintenance and service workers. In addition, the management team, led by Gilmore, has a proven track record in saving industrial companies money. Climax Portable Machine Tools provides its comprehensive solutions to bridge builders, nuclear power operators, or ship builders like Northrup Grumman/Ingalls, General Dynamics Electric Boat and Northrup Grumman/Newport News, as well as to service organizations within these industries. The Climax solutions typically enable companies to complete jobs ahead of schedule and within budget.

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