| Caster Concepts, Inc. Announces NIH/NIDCD Grant. Research to Study the Effects of Shock Absorption through CasterShoX LLC, a Joint Venture with AxleShoX LLC. |
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( Albion, MI ) June 22, 2005 - Caster Concepts, Inc. (CCI), a leading manufacturer of standard, custom and special industrial casters and a major innovator in motion solution technology, has formed a joint venture, CasterShoX, LLC with AxleShoX, LLC, a leader in ultra-compact shock absorption products and designs. CasterShoX, LLC was formed to integrate AxleShoX’s patented shock absorption technologies into Caster Concepts’ proven product lines of industrial casters and wheels. Through the Small Business Innovation Research Program, CasterShoX has obtained a grant from the National Institutes on Deafness and Other Communication Disorders (NIDCD), one of the agencies of the National Institute of Health (NIH). The targeted research will study and document the effectiveness of the CasterShoX product line in reducing the overall noise levels in real-world manufacturing environments. “Preventing occupational noise-induced hearing loss is a top priority. This grant will help strengthen our understanding of the noise problem in the industrial workplace and give us the information needed to create well focused shock absorption products that attack this serious problem,” indicates Elmer Lee, Ph.D. Dr Lee is the founder of AxleShoX and Chief Technology Officer of CasterShoX. Dr. Lee is a graduate of the Massachusetts Institute of Technology’s mechanical engineering and manufacturing programs and has developed extensive experience in shock absorption technology in a variety of markets. CasterShoX is developing shock absorption systems that reduce noise in a variety of manufacturing settings through the integration of the products in the industrial caster and conveyor systems. Well designed shock absorbing systems will also remove vibratory disturbances that damage transporting equipment or parts being transported. AxleShoX’s patented technology allows these shock absorption products to be completely integrated into caster wheels or conveyor rollers. The marriage of these two technologies produces a cost-effective product that can be integrated into existing transport equipment or by simply exchanging ordinary wheels with CasterShoX wheels.
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