Metro Machine Agrees to Purchase UltraStrip

Tuesday, June 11, 2002
UltraStrip Systems, Inc. announced that Metro Machine Corp. of Norfolk, Va. has agreed to purchase a high production prototype UltraStrip robotic paint removal system for $2 million. Metro is developing a marine vessel enclosure, paint removal, and coating system, the Metro Ship Coating System, and will be evaluating the UltraStrip prototype for use in the Metro Ship Coating System. A binding agreement has been secured from Metro, and delivery and initial testing is scheduled to be completed by August 15 Dr. Robert O. Baratta, president and CEO of UltraStrip Systems said, "Metro plans to use the UltraStrip technology in its own shipyard and market the Metro Ship Coating System with the UltraStrip technology to other shipyards and ship repair companies. We look forward to a long and prosperous relationship with Metro, as we work together to refine and integrate the two technologies, with the goal of creating a state of the art system for the dry docking of marine vessels."

Maritime Today

The Maritime Industry's original and most viewed E-News Service

Maritime Reporter November 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Henriksen Unveils Strongest SOLAS Boat Lifting Hook

H Henriksen of Norway has received SOLAS certification for a new off-load single-point boat lifting hook capable of holding up to 22.5-tonnes. The quick release

S&P Raises Steamship Mutual outlook to Positive

Poor’s has revised its outlook on Steamship Mutual to Positive from Stable. The A- financial strength rating has been reaffirmed. In their announcement Standard

SSA Welcomes Decision To Extend BEO

The Singapore Shipping Association (SSA) has welcomed the decision by Singapore’s Minister for Trade and Industry to extend the Competition (Block Exemption

Maritime Security Naval Architecture Navigation Offshore Oil Pod Propulsion Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1350 sec (7 req/sec)