|
Follow Us:
Home
Features
Feature Stories
Videos
Blogs
News
Development News
Innovation News
In The News
Focus
Advertising
Alternative Energy
Architecture
Design
Digital Media
Entrepreneurship
Film
Green Building
Higher Education
Homeland Security
Internet
IT
Life Sciences
Michigan kids
Music
Venture Capital
Video Game Design
Growing Companies
Jobs
Jobs Landed
Jobs Available
Internships Available
Places
Ann Arbor
Berkley
Birmingham
Dearborn
Detroit
Farmington
Ferndale
Grosse Pointe
Hamtramck
Mt. Clemens
Northville
Plymouth
Pontiac
Rochester
Royal Oak
Wyandotte
Ypsilanti
FilterD
Rock City Pies Photo by David Lewinski
|
Show Photo
Innovation & Job News
CerMet Lab plans to grow 10 fold by end of 2009
Thursday, August 14, 2008
Related Tags
Alternative Energy
,
Entrepreneurship
,
Oakland County
,
Sustainability
,
Transportation
If only better gas mileage was achievable by pouring a magic potion into your car. Well, Southfield-based
CerMet Lab
says it has discovered that potion.
The firm sells a do-it-yourself engine treatment that is added to the car’s engine oil. That gas mileage elixir carries microscopic ceramic nano-particles to "friction zones" where these particles then bond to the metal surfaces to significantly reduce, you guessed it, friction.
The bottom-line is the reduced friction results in a measurable decrease in fuel consumption. As much as 10 percent. The treatment is designed to last 60,000 miles.
The people behind the 4-year-old company spent a decade developing the technology. Since its inception, CerMet Lab has grown to 28 employees and dozens of contractors on the heels of tripling sales.
CerMet Lab is also looking to open a manufacturing plant in Michigan as it expands internationally.
"We expect by the end of 2009 to increase our growth to over 10 times what it is today," says Dean P. Rose, CEO of CerMet Lab.
It sounds like a magic recipe for new jobs and opportunities in Michigan.
Source: Dean P. Rose, CEO of CerMet Lab
Writer: Jon Zemke
Give us your email and we will give you our weekly online magazine. Fair?
Share this page
Share
Tweet
0
Email
0
Print
Give us your email and we will give you our weekly online magazine. Fair?