ICM/IdraPrince , Hishinuma Machinery in Marketing Agreement

Nov. 15, 2005
License for sales, distribution of diecasting equipment in Japan

Italy’s Idra Casting Machines and its U.S. affiliate IdraPrince Inc., Holland, MI, have entered into an agreement with Hishinuma Machinery Co. Ltd. of Japan, granting to Hishinuma the right to distribute and sell products manufactured by ICM and IdraPrince Inc. in Japan.

ICM and IdraPrince Inc. produce high-technology diecasting equipment and related products worldwide.

Hishinuma will sell and support diecasting machines, from 500 to 4000 tons, including OL/OLK machines and the new “Revolution” two-platen diecasting machines. The agreement also covers automation systems and SSR rheocasting casting equipment. Hishinuma also will supply spare parts and service support.

This agreement means Hishinuma Machinery Co. Ltd. will be able to support ICM and IdraPrince, Inc. products to Japanese diecasters around the world.