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Fusion Coolant Systems Honored as One of the 2019 “Michigan 50 Companies to Watch”

March 18, 2019

CANTON, Mich--(BUSINESS WIRE)--Mar 18, 2019--Fusion Coolant Systems (Fusion) has been recognized as one of the 2019 “Michigan 50 Companies to Watch,” an awards program presented by Michigan Celebrates Small Business.

Fusion will be honored at an awards ceremony during the fifteenth annual Michigan Celebrates Small Business gala event, May 8, 2019 in Lansing, Mich.

Spun out of the University of Michigan, Fusion is commercializing a patented technology platform that leverages supercritical carbon dioxide as a cutting fluid to achieve unprecedented productivity in the manufacturing sector. Fusion’s Pure-Cut™ technology increases manufacturing speed and agility, reduces spend on capital and consumables, all while eliminating major health and environmental risks that exist in manufacturing facilities today. Since its inception, Fusion’s groundbreaking technology has had a transformative impact with industry-leading manufacturers from around the world in medical device, automotive and aerospace.

“It’s an honor to be named a Michigan 50 Company to Watch,” said Brian Ahlborn, CEO & President of Fusion. “Our company’s collective desire to create big change in the machining industry is at the center of everything we do at Fusion. This award is a testament to the disruption we are creating in our category, and the determination of our entire team. We are proud to be a part of a thriving community of innovation that is growing here in Michigan.”

Companies who are selected as a “Michigan 50 Companies to Watch” are a remarkable group of second-stage companies. Defined as having 6 to 99 full-time-equivalent employees and generating $750,000 to $50 million in annual revenue or working capital from investors or grants, these companies form the backbone of Michigan’s economy. Representing all regions of the state and a diverse range of industries, companies like Fusion Coolant Systems are known for their exceptional entrepreneurial leadership, creation of innovation or use of innovation in creative ways, and their sustainable competitive advantage.

“We at the Michigan Celebrates Small Business organization are proud to recognize these exceptional companies. They are a tremendous part of Michigan’s success and we are excited to see what the future holds for them,” said J.D. Collins, State Director of the Michigan Small Business Development Center and a member of the Michigan Celebrates Small Business Board of Directors.

Winners were selected by Michigan-based judges from the banking, economic development, entrepreneurship development, and venture capital communities. The selected companies also go through a rigorous due diligence process.

About Fusion Coolant Systems:

Fusion Coolant Systems is transforming the way metal is cut forever. Spun out of the University of Michigan, Fusion is commercializing a patented technology platform that leverages supercritical carbon dioxide as a cutting fluid to achieve unprecedented productivity in the manufacturing sector. Fusion’s Pure-Cut™ technology increases manufacturing speed and agility, reduces spend on capital and consumables, all while eliminating major health and environmental risks that exist in manufacturing facilities today. Since its inception, Fusion’s groundbreaking technology has had a transformative impact with industry-leading manufacturers from around the world in medical device, automotive and aerospace. Fusion Coolant Systems is headquartered in Canton, Michigan. For more information, please visit www.fusioncoolant.com.

About Michigan 50 Companies to Watch:

Michigan 50 Companies to Watch is presented by Michigan Celebrates Small Business. The program received nearly 600 award nominations in 2019, which surpassed the last year’s record of 425 nominations.

Michigan Celebrates Small Business (MCSB) is a collaboration of trusted statewide founding organizations who offer resources for small businesses. Since 2005, Michigan Celebrates Small Business awards gala has placed a spotlight on how small businesses positively impact our communities and state. The MCSB organization is focused on supporting, promoting and celebrating small businesses in Michigan.

The Michigan Small Business Development Center is the managing partner of Michigan Celebrates Small Business in 2019. Michigan Celebrates Small Business was founded by the Michigan Small Business Development Center, Michigan Economic Development Corporation, U.S. Small Business Administration - Michigan, Edward Lowe Foundation, Michigan Business Network, and the Small Business Association of Michigan.

Founding sponsors are the Michigan Economic Development Corporation, PNC Bank, AF Group, and Dynamic Edge, Inc.

Information about Michigan Celebrates Small Business can be found at www.MichiganCelebrates.org.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190318005006/en/

CONTACT: Elyse Winer

Company spokesperson

elyse@materialimpact.com

617-645-5183

www.fusioncoolant.com

KEYWORD: UNITED STATES NORTH AMERICA MICHIGAN

INDUSTRY KEYWORD: MANUFACTURING AEROSPACE AUTOMOTIVE MANUFACTURING OTHER MANUFACTURING

SOURCE: Fusion Coolant Systems

Copyright Business Wire 2019.

PUB: 03/18/2019 09:00 AM/DISC: 03/18/2019 09:01 AM

http://www.businesswire.com/news/home/20190318005006/en