Despatch Industries Press Release

Despatch Industries Announces New Protocol 3™ Temperature and Process Controller

Minneapolis, Minn., U.S.A. – January 31, 2012 - Despatch Industries, the world’s leading thermal processing equipment provider for over one hundred years, announces the new Protocol 3™ temperature and process controller. Protocol 3™ is a microprocessor-based temperature and hi-limit controller designed to enhance process visibility and make oven operation simple and flexible.

Despatch Industries Featured in PC Control Magazine

Minneapolis, Minn., U.S.A. – January 20, 2012 - Despatch Industries, a leading technology and equipment provider for the solar industry, was recently featured in PC Control magazine, a global publication focused on automation technology that is written and distributed by Beckhoff.

Despatch Industries Sees Strong Increase in Orders for Clean Process Benchtop Ovens

Minneapolis, Minn., U.S.A. – December 16, 2011 - Despatch Industries, the world’s leading thermal processing equipment provider for over one hundred years, reports that the company has seen a strong increase in orders for its LCC clean process benchtop ovens. The orders have come from customers in a variety of industries, including semiconductor, healthcare and electronic components.

Despatch Industries Sells Custom Conveyor Oven

Minneapolis, Minn., U.S.A. – November 17, 2011 - Despatch Industries, the world’s leading thermal processing equipment provider for over one hundred years, announces that the company has sold a custom, high temperature conveyor oven. The oven will be utilized for stress relieving titanium bars that are used in a variety of markets, from medical implants to construction to sporting equipment.

Nice Sun PV Co., Ltd Sees Cell Efficiency Improvements Using Despatch Industries’ SolectFire™ Technology

Minneapolis, Minn., U.S.A. November 3, 2011 – Despatch Industries, a leading technology and equipment provider for the solar industry, and Nice Sun PV Co., Ltd, a company committed to the R&D, manufacturing, sales and after-service of solar photovoltaic products, announce that Nice Sun has realized a 0.1 percent improvement in overall cell efficiency in high volume production through the use of Despatch’s patent-pending SolectFire™ technology.

Despatch Industries Introduces New Focal Point™ Process Control System

Minneapolis, Minn., U.S.A. – October 10, 2011 - Despatch Industries, the world’s leading thermal processing equipment provider for over one hundred years, proudly announces its new PC-based process control system, Focal Point™. The Focal Point™ system is Despatch’s latest innovation in process control, data acquisition and reporting for the composite curing market.

Despatch Industries Sells Custom Binder Removal Oven for Metal Injection Molding Application

Minneapolis, Minn., U.S.A. – October 4, 2011 - Despatch Industries, the world’s leading thermal processing equipment provider for over one hundred years, recently received an order for a custom LND, nitrogen atmosphere, reach-in oven with PLC control system.

Despatch Industries Receives Large Order for Clean Process Ovens from Semiconductor Manufacturer

Minneapolis, Minn., U.S.A. – September 30, 2011 - Despatch Industries, the world’s leading thermal processing equipment provider for over one hundred years, announces that the company has received a large order for its LLD inert atmosphere clean process ovens from a long-time customer in the semiconductor industry.

Despatch Industries Wins Twin Cities Business 2011 Smart Solutions Award

Minneapolis, Minn., U.S.A. – September 26, 2011 - Despatch Industries, a leading provider of thermal processing equipment for the solar, carbon fiber and thermal technology markets, recently received the Twin Cities Business 2011 Smart Solutions Award.

Despatch Industries Receives Aluminum Annealing and Aging Oven System Order

Minneapolis, Minn., U.S.A. – September 16, 2011 - Despatch Industries, the world’s leading thermal processing equipment provider for over one hundred years, announces that the company has received a large order for an aluminum annealing and aging oven system. The customer is a large, independent supplier of commercial airplane assemblies and components. In addition to the oven, the customer is also purchasing a custom process control and data monitoring and recording system.

Despatch Industries to Highlight New DriTech Dryer at PV Taiwan Exhibition

Minneapolis, Minn., U.S.A. – September 6, 2011 - Despatch Industries, a leading technology and equipment provider for the solar industry, will be featuring its new DriTech™ Dryer at the upcoming PV Taiwan International Photovoltaic Forum and Exhibition. The exhibition will take place October 5-7 at the Taipei World Trade Center. Visit Despatch in Hall 1, stand 209 and learn about the advanced technology features of the new DriTech™.

Despatch Industries to Display New Process Control System at 2011 Composites Europe Exhibition

Minneapolis, Minn., U.S.A. – August 29, 2011 - Despatch Industries, the world’s leading thermal processing equipment provider for over one hundred years, will be participating in the upcoming 2011 Composites Europe Trade Fair and Forum for composites, technology and applications. Composites Europe takes place September 27-29 at the Stuttgart Exhibition Center in Stuttgart, Germany.

Despatch Industries Sells Custom High Temperature, Truck-In Oven

Minneapolis, Minn., U.S.A. – August 26, 2011 - Despatch Industries, the world’s leading thermal processing equipment provider for over one hundred years, announces that the company has won an order for a custom, high-temperature, truck-in oven that will be utilized in the manufacture of high performance, energy-efficient transformers.

Despatch Industries Oxidation Oven Achieves 25% Reduction in Heater Power with New ACER Technology™

Minneapolis, Minn., U.S.A. – August 19, 2011 - Despatch Industries, the leader in thermal process technologies for carbon fiber production, announces that the company has achieved up to 25% reduction in oxidation oven heater power through the use of its patent-pending Atmosphere Control, Energy Reduction (ACER) Technology™.

Despatch Industries to Display New DriTech™ Dryer at Upcoming EU Photovoltaic Solar Energy Exhibition

Minneapolis, Minn., U.S.A. – August 16, 2011 - Despatch Industries, a leading technology and equipment provider for the solar industry, will be displaying its new DriTech™ Dryer at the EU Photovoltaic Solar Energy Exhibition taking place from September 5-8 in Hamburg, Germany.

Despatch Industries Introduces New SolectFire™ Technology to Firing Furnace Platform

Minneapolis, Minn., U.S.A. August 10, 2011 – Despatch Industries, a leading technology and equipment provider for the solar industry, announces the availability of new, patent-pending SolectFire™ technology. SolectFire™ is the company’s most recent advancement to its market-leading CF Series firing furnace platform.

ThinkEquity LLC Represents Despatch Industries in Company Acquisition by ITW

Minneapolis, Minn., U.S.A. – July 26, 2011 - Despatch Industries, a leading provider of thermal processing equipment for the solar, carbon fiber and thermal technology markets, recently announced that the company has been acquired by Illinois Tool Works Inc. (NYSE: ITW). Despatch selected ThinkEquity LLC to serve as its exclusive financial advisor and to represent the company during the acquisition process.

ITW Acquires Despatch Industries; Company is a Leading Provider of Thermal Processing Equipment

Illinois Tool Works Inc. (NYSE: ITW) today announced that it has acquired Despatch Industries, a leading provider of thermal processing equipment for the solar, carbon fiber and other thermal technology markets. Terms of the transaction were not disclosed.

Despatch Industries Receives Customer Excellence Award from Siemens Industry

Minneapolis, Minn., U.S.A. – July 22, 2011 – Despatch Industries, a leading technology and equipment provider for the solar industry, received the Siemens OEM Customer Excellence Award during the 2011 Automation Summit in Orlando, Florida. The Automation Summit recognizes achievements of innovative applications by Siemens automation users.

Despatch Industries Receives Order for Custom Ovens from Customer in the Semiconductor Industry

Minneapolis, Minn., U.S.A. – July 19, 2011 - Despatch Industries, the world’s leading thermal processing equipment provider for over one hundred years, continues to find success in the semiconductor industry with an order for six custom PWB cabinet ovens.

Despatch Industries Builds Custom Dual-Chamber Indirect Gas-Fired Oven

Minneapolis, Minn., U.S.A. – July 11, 2011 - Despatch Industries, the world’s leading thermal processing equipment provider for over one hundred years, recently sold a large, dual-chamber, indirect gas-fired oven for a specific drying application.

Despatch Industries Sees Increase in Orders for PN Series Nitrogen Ovens from the Semiconductor Industry

Minneapolis, Minn., U.S.A. – July 1, 2011 - Despatch Industries, the world’s leading thermal processing equipment provider for over one hundred years, recently sold several PN nitrogen atmosphere ovens to customers in the semiconductor industry.

Despatch Industries Expands Popular PTC Top-Loading Oven Line for Petroleum Industry

Minneapolis, Minn., U.S.A. – June 17, 2011 - Despatch Industries, the world’s leading thermal processing equipment provider for over one hundred years, is now offering the PTC2-12, with a larger chamber size and new option for its popular PTC top-loading oven product line. For this new model, Despatch increased the width and depth of the standard twelve foot long PTC chamber and added a gas cylinder door lift assist option.

Despatch Industries’ Firing Furnace Success Continues as Industry Shifts to Dual Lane Manufacturing

Minneapolis, Minn., U.S.A. – June 2, 2011 – Despatch Industries, a leading technology and equipment provider for the solar industry, is experiencing significant growth in demand for the company’s CF-Series Dual Lane (CF-DL) metallization firing furnaces..

Despatch Industries Sells Custom Clean Room Oven to Semiconductor Manufacturer

Minneapolis, Minn., U.S.A. – June 1, 2011 - Despatch Industries, the world’s leading thermal processing equipment provider for over one hundred years, recently sold a custom PRC clean room oven to a company that manufactures semiconductors. The customer, who has previously purchased several of these units, utilizes the oven for drying parts in a clean room environment.

Despatch Industries Receives Order for Custom Composite Cure Ovens from Bristol Aerospace Limited

Minneapolis, Minn., U.S.A. – May 18, 2011 - Despatch Industries, the world’s leading thermal processing equipment provider for over one hundred years, announces that the company has received a large order for several custom vacuum bagging S-Ovens and a control system from Bristol Aerospace Limited.

Despatch Industries Awarded Projects with Multiple Carbon Fiber Manufacturers

Minneapolis, Minn., U.S.A. – May 16, 2011 - Despatch Industries, the leader in thermal process technologies for carbon fiber production, announces that the company has recently been awarded several orders for carbon fiber oxidation ovens from multiple Chinese companies.

Despatch Industries to Participate in 2011 SAMPE Exhibition

Minneapolis, Minn., U.S.A. – May 6, 2011 - Despatch Industries, the world’s leading thermal processing equipment provider for over one hundred years, will be participating in the upcoming 2011 SAMPE exhibition. The SAMPE show takes place May 24-26 at the Long Beach Convention Center in Long Beach, California.

Despatch Industries Sees Significant Growth in Orders for VOC Thermal Oxidizer Upgrade Package

Minneapolis, Minn., U.S.A. – April 20, 2011 – Despatch Industries, a leading technology and equipment provider for the solar industry, announces that in the last six months, the company has received orders to upgrade more than 1.2GW of its installed base of CF Series firing and drying furnaces with VOC Thermal Oxidizers.

Despatch Industries Secures Multiple Orders at the JEC Composites Show in Paris

Minneapolis, Minn., U.S.A. – April 12, 2011 - Despatch Industries, the leader in thermal process technologies for carbon fiber production, announces that the company secured multiple orders at the JEC Composites Show which took place in Paris, France at the end of March. Despatch received orders for pilot-scale and R&D oxidation ovens from a leading carbon fiber manufacturer.

Despatch Industries is Selected to Supply Fully Integrated Carbon Fiber Line to the New Australian Future Fibers Research and Innovation Center

Minneapolis, Minn., U.S.A. – March 31, 2011 - Despatch Industries, the leader in thermal process technologies for carbon fiber production, announces today that Deakin University and the Victorian Center for Advanced Materials Manufacturing (VCAMM) have selected Despatch to supply a fully integrated, pilot-scale carbon fiber manufacturing line at the new Australian Carbon Fiber Research Facility (ACFRF).

Despatch Industries Makes Advancements to CF Series Firing Furnace

Minneapolis, Minn., U.S.A. – March 25, 2011 – Despatch Industries, a leading technology and equipment provider for the solar industry, recently completed rigorous testing on advancements to the company’s CF Series firing furnace platform. The most notable advancements are to the product’s maximum belt speed and heating and cooling rates.

Despatch Industries to Participate in 2011 JEC Composites Show

Minneapolis, Minn., U.S.A. – March 15, 2011 - Despatch Industries, the leader in thermal process technologies for carbon fiber production, will be participating in the upcoming 2011 JEC Composites Show.

Despatch Industries Receives Orders for Over Fifty Firing Furnaces During SNEC Exhibition

Minneapolis, Minn., U.S.A. – March 10, 2011 – Despatch Industries, a leading technology and equipment provider for the solar industry, secured orders and letters of intent for more than fifty firing furnaces at last month’s SNEC PV Power Exhibition in Shanghai, China.

Despatch Industries Receives Equipment Order from Korean Carbon Fiber Manufacturer

Minneapolis, Minn., U.S.A. – March 3, 2011 - Despatch Industries, the leader in thermal process technologies for carbon fiber production, announces that the company has recently received an order for production-scale oxidation ovens from a carbon fiber manufacturing company in Korea.

Despatch Industries Receives Large Order of Benchtop Ovens to be Used in Laboratories

Minneapolis, Minn., U.S.A. – February 17, 2011 - Despatch Industries, the world’s leading thermal processing equipment provider for over one hundred years, recently received a large order for their popular LAC High Performance Benchtop Ovens. The ovens will be used for curing coatings in a laboratory environment.

Despatch Industries Hires Ellen Cheng as Taiwan Region General Manager

Minneapolis, Minn., U.S.A. – February 15, 2011 - Despatch Industries, the world’s leading thermal technology and equipment provider, is pleased to announce that the company has named Dr. Ellen Cheng as General Manager of Despatch Industries Taiwan

Despatch Industries Builds Custom, High Temperature Oven for Petroleum Industry

Minneapolis, Minn., U.S.A. – February 11, 2011 - Despatch Industries, the world’s leading thermal processing equipment provider for over one hundred years, recently completed an order for a custom built, high temperature PTD oven for a customer in the petroleum industry.

Despatch Industries Celebrates 1000th Firing Furnace Sale at SNEC International Solar Photovoltaic Power Generation Exhibition in Shanghai

Minneapolis, Minn., U.S.A. – February 1, 2011 – Despatch Industries, a leading technology and equipment provider for the solar industry, will be celebrating the sale of its 1000th firing furnace at the upcoming SNEC International Photovoltaic (PV) Power Generation Conference and Exhibition.

Despatch Industries Named a 2010 Supplier of the Year by Trina Solar

Minneapolis, Minn., U.S.A. – January 27, 2010 – Despatch Industries, a leading technology and equipment provider for the solar industry, was recently named as a Trina Solar Supplier of the Year for 2010. The award was granted to Despatch after an evaluation of all of Trina Solar’s vendors.

Despatch Industries Announces New Class A Benchtop Oven

Minneapolis, Minn., U.S.A. – January 4, 2011 - Despatch Industries, the world’s leading thermal processing equipment provider for over one hundred years, announces its new LAC1-38 Class A benchtop oven. This custom oven was designed to meet Class A requirements for applications dealing with flammable solvents. The new LAC model offers temperatures of up to 260°C and a small footprint, ideal for laboratory applications.