Lasers Cut New Path for AmeriChip Growth

In an interview with Francis Gaskins, president of IPOdesktop.com, Marc Walther, CEO of AmeriChip (ACII) , said “AmeriChip is closing in on orders from the Big Three in Detroit and also from Tier 1 suppliers.”INTERVIEW HIGHLIGHTS. KSI shipments up over comparable two months in the May quarter, gross margins are higher. Last week ACII received three new PPAP (pre-production approval process). One customer wants a 30 day turn around time. ACII expects to be finished next week validating a process for a very major customer that demonstrates the ACII LACC (laser assisted chip control) process cuts cycle time in half.

ACII is taking delivery of new laser heads that operate faster on heavier parts and expects delivery of new machines, cutting validation turnaround time by 90%, a very significant event. ACII senior management attended the industry’s annual major trade show, where they interfaced with senior executives from GM, Ford, Chrysler, American Axle and other industry leaders, who are all aware of KSI and its Tier 1 status. At the conference a GM panelist said that more than 80% of the industry’s new technology is implemented through existing Tier 1 suppliers