Sign up USA
Proactive Investors - Run By Investors For Investors

IBC hires consultant Chris Huskamp for autosports initiatives

IBC hires consultant Chris Huskamp for autosports initiatives

Rare metals maker IBC Advanced Alloys Corp. (CVE:IB) said on Wednesday it has engaged metallurgical consultant Chris Huskamp to help the company develop and implement a range of growth initiatives in the autosports market.

Huskamp, an associate technical fellow at Boeing (NYSE:BA), develops high performance materials strategies and solutions for military and commercial aerospace projects.

Also, Huskamp is the owner and president at Huskamp Motorsports where he provides consulting services to Formula One, Grand-Am Daytona prototypes, IndyCar and Formula One prop boat teams.

IBC Advanced Alloy’s chief executive, Anthony Dutton said: "While IBC's automotive strategy will initially focus on high performance racing, the company's work also holds great promise for the commercial automotive sector which is already adopting ultra-light weight and alternative materials solutions for its current and next generation designs." 

IBC's ultra-light family of advanced alloys and metal composites could have huge benefits for auto racing and performance automotive applications, especially those where rotational mass and unsprung weight is critical, the company said in a statement.

The company's range of alloys and composites has a consistently high stiffness-to-weight ratio, and other important materials characteristics, which would permit automotive engineers greater design flexibility and more options to attain significant performance gains.

IBC’s rare metal alloys are used in a number of industries, including nuclear energy, automotive, telecommunications and a range of industrial applications.
It has production facilities in Indiana, Massachusetts, Pennsylvania and Missouri. The company also owns prospective beryllium properties in the Western US covering about 9,500 hectares.

Shares of IBC traded higher Wednesday afternoon up 2.94 percent to 17 cents on the junior Toronto Stock Exchange.

View full IB profile View Profile

IBC Advanced Alloys Corp Timeline

Related Articles

1508431368_iplayco-wall.jpg
November 19 2017
When finalised, Iplayco will own the IP rights to the Play Mart and Play Planet brands, as well as the Play Planet line of business. .

No investment advice

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You understand that the Company receives either monetary or securities compensation for our services. We stand to benefit from any volume this write-up may generate.

You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

Copyright © Proactiveinvestors.com, 2018. All Rights Reserved - Proactive Investors North America Inc., Proactive Investors LLC

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use