Cascade Engineering Inks Partnership

May 8, 2007
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GRAND RAPIDS — Local plastics firm Cascade Engineering has entered into a joint development agreement with New York-based NaturalNano Inc.

Through the partnership, Cascade Engineering will drive commercialization opportunities for NaturalNano's Pleximer products. A turn-key nanocomposite additive that enables the development of stronger, lighter materials, Pleximer provides a low cost alternative for the polymer nanocomposites market. The segment is predicted to more than double in size to $740 million by 2010.

This is the second such agreement NaturalNano has announced in as many months.

We are looking forward to working with NaturalNano to develop a product whose virtually limitless applications have the potential to substantially improve the design and safety of the everyday products people use," said Fred Keller, Cascade Engineering chairman, president, and CEO, in a prepared statement.     

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