DULUTH, Minn., Nov. 05, 2015 (GLOBE NEWSWIRE) — IKONICS Corporation (NASDAQ:IKNX), a Duluth-based imaging technology company, announced results for the third quarter of 2015. Compared to the same quarter of 2014, sales increased by 1.4% to $4,543,000 while earnings declined by $22,000 to $117,000 or $0.06 per diluted share. Export sales rebounded during the quarter,…
DULUTH, MN – IKONICS Corporation (Nasdaq: IKNX), a Duluth-based imaging technology company, announced its Phase II groundbreaking Thursday, August 6 at 3:00 pm on the site of the company’s 11 acre property in Morgan Park—former site of the Universal Atlas Cement Company. IKONICS purchased the land in 2008 from the Duluth Economic Development Authority (DEDA)….
DULUTH, MN – IKONICS Corporation (NASDAQ:IKNX), a Duluth-based imaging technology company, announced today that test results from an independent laboratory confirm its unique process for machining carbon fiber composites results in far less damage to the composite material than conventional drilling. The aerospace industry relies increasingly on the strong lightweight composites in aircraft construction to…
DULUTH, MN – IKONICS Corporation (NASDAQ:IKNX), a Duluth-based technology company, provided moredetailed information on the expansion plans for its Advanced Materials Solutions (AMS) business unit, which produces products for the aerospace and electronics industries. The new, 27,300 square foot structure will contain a 20,500 square-foot production floor in addition to offices andancillary facilities. The building…
DULUTH, MN – IKONICS Corporation (NASDAQ:IKNX), a Duluth-based imaging technology company, reported sales of $3,598,000 for the first quarter of 2015, a 19% drop over the same quarter of 2014. The Company incurred a net loss of $229,000, or $0.11 per diluted share, compared to a profit of $0.10 per diluted share for the first…
DULUTH, MN – IKONICS Corporation (NASDAQ:IKNX), a Duluth-based technology company, was featured in the March 2015 edition of Twin Cities Business. Bill Ulland, IKONICS’ CEO was interviewed last month regarding key partnerships for the company in the aerospace and automobile industries. Twin Cities Business is Minnesota’s leading provider of business news, insight, and analysis through…
IKONICS Corporation (NASDAQ: IKNX), a Duluth-based imaging technology company, reported record sales of $18,490,000, a 6% increase over 2013. Earnings in 2014 were down 5% compared to 2013 to $649,000, or $0.32 per diluted share. “While our Domestic and IKONICS Imaging businesses performed well for the year, our Export business was hurt by weak foreign…
DULUTH, MN – IKONICS Corporation (NASDAQ:IKNX), a Duluth-based technology company, announced the hiring of Art Dobie as Northeast Technical Sales Representative for the company’s Chromaline Screen Print Products Division. Art will serve our clients in the Northeast region of the United States, including Connecticut, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Eastern Pennsylvania,…
DULUTH, MN – IKONICS Corporation (NASDAQ:IKNX), a Duluth-based technology company, announced its continuing program with Honeywell Aerospace for micro-electro-mechanical systems (MEMS) technology in support of U.S. Defense Advanced Research Projects Agency (DARPA) projects and internal testing at the Plymouth, MN facility. Sue Boudrie, Operations Manager for Ikonics’ Advanced Materials Solutions division, said: “We are proud…