Fusion Coolant Systems wraps up product development, plans for growth

Fusion Coolant Systems is getting ready to commercialize its technology, a move that should create a handful of jobs in Ann Arbor.The University of Michigan spinout has created an environmentally friendly fluid that eliminates toxic cutting fluids in metal processing for industrial sectors such as aerospace. The new technology also improves cutting tools performance while reducing the wear.The Ann Arbor-based company spent its first year developing this technology and expects to commercialize it within the next year. That means qualifying for Phase II Small Business Innovation Research grants and landing a few customers in the manufacturing arena.”We expect to have a commercial relationship with a couple of aerospace manufacturing companies by next year,” says James Giovanni, director of sales & marketing for Fusion Coolant Systems.The startup began with two employees and has expanded to a staff of six. It expects to bring on another 1-5 people over the next year.Source: James Giovanni, director of sales & marketing for Fusion Coolant SystemsWriter: Jon Zemke