DETROIT - Infinite Machines Corp. of Incline Village, Nev., has formed a new subsidiary to market technology it developed in the area of rapid tooling and manufacturing. The new Express Tool Inc. subsidiary expects to begin commercial sales of its programs in early 1997, the company said.
Infinite claims its proprietary technology will allow manufacturers to produce production molds in one-third the time now required. The company, without providing details, said it already has produced inserts with the new technology for the consumer products and aerospace markets.
In March, Infinite announced that its principal subsidiary, Laser Fare Inc. of Smithfield, R.I., formed a joint research project with Hasbro Inc. to speed up product introductions. Infinite declined to describe the nature of the technology the joint venture will develop but said it does not involve lasers.
From its founding in 1986 until last year, publicly held Infinite was involved in the development of a rotary engine for boating applications
When it could not obtain orders for the engine, it suspended the operations of the engine subsidiary, Infinite Engines Corp., and concentrated its efforts in the area of manufacturing technology.