Working together in stealth mode for two years on a highly-advanced lubricant, NanoMech's patented and patents pending technology offers tremendous value to Pace Industries' business. NanoMech's lubricant innovation provides longevity for specific manufacturing equipment at Pace Industries.

FAYETTEVILLE, Ark., Dec. 30, 2016 /PRNewswire/ -- NanoMech, Inc. and Pace Industries, both based in Northwest Arkansas, have come together as an example of Arkansas' collaborative ingenuity in manufacturing. Because of the partnership, Pace has achieved unsurpassed quality control, repeatability, and scalability in producing some of the best components and products. NanoMech has proven once again their ability to innovate lubricants that enhance manufacturing productivity, quality, efficiency and competitiveness. The teamwork between Pace and NanoMech supplies years of validation and customer acceptance to this success and improvement.

Working together in stealth mode for two years on a highly-advanced lubricant, NanoMech's patented and patents pending technology offers tremendous value to Pace Industries' business. NanoMech's lubricant innovation provides longevity for specific manufacturing equipment at Pace Industries.

"Pace Industries and NanoMech's continued commitment to produce world-class products and inventions is a testament to Arkansas' entrepreneurial spirit," said Governor Asa Hutchinson. "The global reputation of the companies, their talented workforces, strong connections to industry leaders, and partnerships with the University of Arkansas make the sky the limit for NanoMech and Pace Industries!"

The success of the teamwork between Pace and NanoMech is an example of the real world implementation of breakthrough nano-manufacturing to enhance competitiveness and the supremacy of American manufacturing.

"This partnership with Pace Industries has enabled NanoMech to accelerate our core nano-engineered technology of advanced lubricants into the critical manufacturing platform of die-casting with a recognized leader serving many of the largest and most iconic manufacturers deploying the very best innovations that increase performance and competitiveness," said Jim Phillips, Chairman and CEO of NanoMech Inc.

The American manufacturing industry is a giant in terms of job creation and dollars contributed to the nation's economy. With increasingly efficient manufacturing processes, more products can be produced in less time. This opens the door for new or larger jobs and people needed to manage the workload.

Mr. Scott Bull, Chief Executive Officer of Pace Industries said, "The successful collaboration between Pace and NanoMech represents a positive impact throughout the manufacturing chain and is a shining example of Pace Industries' commitment to industry leadership in quality breakthrough innovation directly benefitting our customer base."

Dr. Ajay P. Malshe, CTO and Founder added, "As we worked hand in hand with Pace Industries' technology and operations teams it became obvious that they are a true innovator consumed in continual quality and performance enhancements for their customers using science to achieve top machine performance like never before to deliver significant competitive advantage and customer loyalty!"

About NanoMech

NanoMech is focused on patented platform nanomanufacturing technologies that offer a broad range of high value market opportunities. The operating vision of NanoMech is to be the Six Sigma world leader in nanomanufacturing innovation with swift product development and an emphasis on platform technologies that are scalable for efficient mass production.

NanoMech, Inc. creates advanced engineering materials through patent and patent-pending nanoengineered and nanomanufactured product development. Serving many iconic industry leaders, they are recognized as a leader in innovation and technology. NanoMech breakthroughs in nanomaterials and manufacturing include the first cubic boron nitride coating for machine tools and advanced nanoengineered lubricants and coatings. The company's products have applications in high-level energy manufacturing, machining, lubrication, highly durable and sustainable protective multi-functional coatings for metals and textiles, as well as consumer products, oil & gas, marine, racing, automotive, aerospace, electronic vehicles and strategic military applications.

NanoMech recently won the prestigious R&D 100 Award and two Edison Awards. They are members of The White House Materials Genome Initiative, the U.S. Manufacturing Competitiveness Initiative (USMCI), and the U.S. Technology Leadership and Strategy Initiative, based in Washington, DC.

For more information please visit www.NanoMech.com

About Pace Industries

Pace Industries is North America's largest full-service aluminum, zinc and magnesium die casting company. Pace is a solution provider, offering a wide array of capabilities and services including advanced engineering, tool making, prototyping, precision machining, assembly, finishing and painting. Headquartered in Fayetteville, Ark., Pace operates 12 divisions and 21 facilities across the U.S. and Mexico. More information can be found at paceind.com/