Bonal Announces International Distribution Agreement [Yahoo! Finance]
Hillenbrand Inc (HI)
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Source: Yahoo! Finance
signed a distributorship agreement with DME Company LLC ("DME"), the global mold base supplier. Under the agreement, DME will be an international distributor of Bonal's patented Meta-Lax® stress relief equipment to mold manufacturers, tool and die makers, and die casters. DME, headquartered in Madison Heights, Michigan , is part of the Hillenbrand Group of Batesville, IN. DME is considered the world's #1 global supplier of molding products. DME employs over 600 sales and technical support employees with two manufacturing plants. "Adding DME as an international distributor will provide Bonal an opportunity to vastly increase the accessibility and exposure of our Meta-Lax equipment to the mold manufacturing and maintenance industry," said Torsten Warnatsch , Bonal's President and CEO. "DME has an enormous footprint worldwide in the mold and die making industry. Bonal's current mold making customers have experienced extraordinary time and cost savings. With the assistance of DME, we lo
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