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

tubes
Wed
The company is a leading global producer of Halloysite clay and owns the only deposit in the western hemisphere big enough for large-scale commercial production
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. .
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