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BUSINESS
March 15, 1997
Ashurst Technology Ltd. has received a two-year, $142,000 contract from a Connecticut company to develop a lightweight titanium that could be used in the aerospace industry.Baltimore-based Ashurst said yesterday that the contract with United Technologies Research Center is part of a government research grant."We are taking titanium and its alloys and intentionally making it look like a sponge while getting it to maintain strength," said Timothy Langan, technical director of Ashurst Government Services Inc., a subsidiary of Ashurst.
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BUSINESS
By Ted Shelsby and Ted Shelsby,SUN STAFF | January 23, 1998
Ashurst Technology Ltd., which has its research and development center in Relay, is considering abandoning its involvement in a Ukrainian gold mining venture as part of a corporate restructuring designed to make the company profitable.Stephen Meldrum, vice president of marketing, said yesterday that Ashurst's continued participation in the Ukrainian gold program is under review by management and the company's board of directors.He said there is a possibility of ending the gold venture, "but we would not do so without first attempting to get our investment out of it."
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BUSINESS
September 16, 1997
Ashurst Technology Ltd., the Bermuda-based company that has its research and development center in Relay, has joined forces with STX Inc. of Baltimore to produce and market lacrosse sticks made from a once "top-secret" alloy used in Soviet fighter planes.Under terms of a license agreement announced yesterday, STX has the exclusive right to purchase lacrosse sticks made of an aluminum and scandium alloy from Ashurst for a period of two years.STX has issued a $591,000 purchase order to Ashurst for the production of several thousand lacrosse sticks.
BUSINESS
By Greg Schneider and Greg Schneider,SUN STAFF | December 11, 1997
The abrupt departure on Tuesday of Ashurst Technology Ltd. founder and Chairman Benton H. Wilcoxon will help the company focus on becoming profitable by next year, a senior manager said yesterday.Did Wilcoxon leave voluntarily? "I've got no comment," said Executive Vice President Stephen Meldrum, who then reconsidered and added, "It was voluntary, though. I would say voluntary."Meldrum and other executives did not comment Tuesday when the sudden resignation was announced, but said yesterday that they had simply been too busy dealing with the situation to return phone calls.
BUSINESS
By Ted Shelsby and Ted Shelsby,SUN STAFF | March 26, 1997
Ashurst Technology Ltd. yesterday reached an agreement with a Ukrainian company that will give the Relay-based technology company a 25 percent stake in what it called one of the most significant gold deposits in the world.Under terms of the agreement with Ukrzoloto, a Ukrainian state company in Kiev, Ashurst will serve as a consultant and do finance feasibility studies related to the mining of gold from eight sites throughout Ukraine. The cost to Ashurst will be between $20 million and $30 million.
BUSINESS
By Greg Schneider and Greg Schneider,SUN STAFF | December 10, 1997
The chief executive officer and founder of Ashurst Technology Ltd., Benton H. Wilcoxon, resigned yesterday with no explanation.The company said in a news release that it was embarking on a "strategic redirection" and that the board of directors will search for a new chief executive.Company officials did not return phone calls. A statement said that Wilcoxon, who also resigned as chairman and as a director, will remain "available in an advisory capacity."Ashurst has its Technology Center in Relay and its main office in Kiev, Ukraine.
BUSINESS
By Greg Schneider and Greg Schneider,SUN STAFF | December 11, 1997
The abrupt departure on Tuesday of Ashurst Technology Ltd. founder and Chairman Benton H. Wilcoxon will help the company focus on becoming profitable by next year, a senior manager said yesterday.Did Wilcoxon leave voluntarily? "I've got no comment," said Executive Vice President Stephen Meldrum, who then reconsidered and added, "It was voluntary, though. I would say voluntary."Meldrum and other executives did not comment Tuesday when the sudden resignation was announced, but said yesterday that they had simply been too busy dealing with the situation to return phone calls.
BUSINESS
By Ted Shelsby and Ted Shelsby,SUN STAFF | January 23, 1998
Ashurst Technology Ltd., which has its research and development center in Relay, is considering abandoning its involvement in a Ukrainian gold mining venture as part of a corporate restructuring designed to make the company profitable.Stephen Meldrum, vice president of marketing, said yesterday that Ashurst's continued participation in the Ukrainian gold program is under review by management and the company's board of directors.He said there is a possibility of ending the gold venture, "but we would not do so without first attempting to get our investment out of it."
BUSINESS
By Ted Shelsby and Ted Shelsby,SUN STAFF | February 19, 1997
With a major contribution from a Baltimore County technology company, the nation's largest producer of aluminum baseball bats is coming out with a new, lighter and stronger model based on a once "top secret" metal used in former Soviet Union fighter planes such as the MiG 29.Ashurst Technology Ltd. has licensed California-based Easton Sports Inc. to manufacture and market baseball and softball bats made from Ashurst's proprietary aluminum-scandium alloys.Ashurst...
BUSINESS
By Ted Shelsby and Ted Shelsby,SUN STAFF | June 17, 1996
East meets West at a research lab in Relay where U.S. scientists are working to refine technologies developed in the former Soviet Union, turn them into products and bring them to the world market.The efforts are being undertaken by Emtech Ltd. through its Ashurst Technology Group, a young technology transfer company that moved its corporate headquarters and research operations from Toronto last month to the former Lockheed Martin Corp. lab near Interstate 95 in southwestern Baltimore County.
BUSINESS
By Greg Schneider and Greg Schneider,SUN STAFF | December 10, 1997
The chief executive officer and founder of Ashurst Technology Ltd., Benton H. Wilcoxon, resigned yesterday with no explanation.The company said in a news release that it was embarking on a "strategic redirection" and that the board of directors will search for a new chief executive.Company officials did not return phone calls. A statement said that Wilcoxon, who also resigned as chairman and as a director, will remain "available in an advisory capacity."Ashurst has its Technology Center in Relay and its main office in Kiev, Ukraine.
BUSINESS
September 16, 1997
Ashurst Technology Ltd., the Bermuda-based company that has its research and development center in Relay, has joined forces with STX Inc. of Baltimore to produce and market lacrosse sticks made from a once "top-secret" alloy used in Soviet fighter planes.Under terms of a license agreement announced yesterday, STX has the exclusive right to purchase lacrosse sticks made of an aluminum and scandium alloy from Ashurst for a period of two years.STX has issued a $591,000 purchase order to Ashurst for the production of several thousand lacrosse sticks.
NEWS
September 6, 1997
The company that signed a deal with Ashurst Technology Ltd. was incorrectly reported in yesterday's editions of The Sun. Ashurst signed the deal with Easton Sports Inc. of Van Nuys, Calif.The Sun regrets the error.Pub Date: 9/06/97
BUSINESS
By Ted Shelsby and Ted Shelsby,SUN STAFF | March 26, 1997
Ashurst Technology Ltd. yesterday reached an agreement with a Ukrainian company that will give the Relay-based technology company a 25 percent stake in what it called one of the most significant gold deposits in the world.Under terms of the agreement with Ukrzoloto, a Ukrainian state company in Kiev, Ashurst will serve as a consultant and do finance feasibility studies related to the mining of gold from eight sites throughout Ukraine. The cost to Ashurst will be between $20 million and $30 million.
BUSINESS
March 15, 1997
Ashurst Technology Ltd. has received a two-year, $142,000 contract from a Connecticut company to develop a lightweight titanium that could be used in the aerospace industry.Baltimore-based Ashurst said yesterday that the contract with United Technologies Research Center is part of a government research grant."We are taking titanium and its alloys and intentionally making it look like a sponge while getting it to maintain strength," said Timothy Langan, technical director of Ashurst Government Services Inc., a subsidiary of Ashurst.
BUSINESS
By Ted Shelsby and Ted Shelsby,SUN STAFF | February 19, 1997
With a major contribution from a Baltimore County technology company, the nation's largest producer of aluminum baseball bats is coming out with a new, lighter and stronger model based on a once "top secret" metal used in former Soviet Union fighter planes such as the MiG 29.Ashurst Technology Ltd. has licensed California-based Easton Sports Inc. to manufacture and market baseball and softball bats made from Ashurst's proprietary aluminum-scandium alloys.Ashurst...
BUSINESS
By Greg Schneider and Greg Schneider,SUN STAFF | October 27, 1996
Hidden lingerie. Thirty jars of pickled gherkins. The latest British financial scandal has everything you could want in the tale of a high-flying London investment banker gone wrong, plus one intriguing non sequitur:A small Maryland technology company is right in the middle of it.The British media have served up a public spanking for disgraced banker Peter Young, a 38-year-old former fund manager with Morgan Grenfell Asset Management. The studious Young -- always referred to in the British press as "bespectacled" -- supposedly concocted an international network of bogus firms to hide improper investments.
NEWS
September 6, 1997
The company that signed a deal with Ashurst Technology Ltd. was incorrectly reported in yesterday's editions of The Sun. Ashurst signed the deal with Easton Sports Inc. of Van Nuys, Calif.The Sun regrets the error.Pub Date: 9/06/97
BUSINESS
By Greg Schneider and Greg Schneider,SUN STAFF | October 27, 1996
Hidden lingerie. Thirty jars of pickled gherkins. The latest British financial scandal has everything you could want in the tale of a high-flying London investment banker gone wrong, plus one intriguing non sequitur:A small Maryland technology company is right in the middle of it.The British media have served up a public spanking for disgraced banker Peter Young, a 38-year-old former fund manager with Morgan Grenfell Asset Management. The studious Young -- always referred to in the British press as "bespectacled" -- supposedly concocted an international network of bogus firms to hide improper investments.
BUSINESS
By Ted Shelsby and Ted Shelsby,SUN STAFF | June 17, 1996
East meets West at a research lab in Relay where U.S. scientists are working to refine technologies developed in the former Soviet Union, turn them into products and bring them to the world market.The efforts are being undertaken by Emtech Ltd. through its Ashurst Technology Group, a young technology transfer company that moved its corporate headquarters and research operations from Toronto last month to the former Lockheed Martin Corp. lab near Interstate 95 in southwestern Baltimore County.
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