Athena-SIPA agreement expires

February 17, 2016

The agreement entered by Athena Automation Ltd. (Vaughan, Ontario) and SIPA S.p.A. (Vittorio Veneto, Italy) in December 2012 has now expired. Athena will support SIPA in shipping and servicing the remaining “Athena for SIPA” machine inventory.

Athena’s next-generation PET preform molding machines will be sold and serviced directly by Athena, alongside its non-PET machines. All Athena machines are supported by a unique warranty and preventative maintenance program providing customers with the highest ownership value in the industry.

“As far as molds are concerned, we’re not forming an alliance with a specific mold maker – we will let customers choose the mold maker they want to use with the post-mold cooling and quick mold-change technologies from Athena. We expect that our PET machines will have a substantially lower cost of ownership than comparable machines” said Robert Schad, President of Athena.

Athena currently builds 150, 300, and 450 metric ton injection molding machines. A new 155,000 square foot (14,400 square meter) plant for just-in-time manufacturing of machines only is in the early start-up phase. The existing 40,000 square foot (3,700 square meter) building will remain as head office and will include Sales and Customer Services.

The simple and flexible machine platform features energy efficiency, process repeatability, and reduced space requirements. It is built for customization with options such as an integrated hot runner controller, stack mold carrier, multi-material injection, in-mold assembly, rotary table, cube, and integrated robot.