DULUTH, Minn., June 30, 2014 (GLOBE NEWSWIRE) -- IKONICS Corporation (Nasdaq:IKNX), a Duluth-based imaging technology company, announced today that its board of directors has approved a capital expenditure of $570,000 for automated equipment to increase its composite machining capabilities for the aerospace industry. The company is also evaluating an expansion to a new site to service this growing business.
IKONICS Corporation Announces Aerospace Expansion Plans
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