by - September 15, 2021 9:33 am
NanoMech, formerly a Springdale-based nanotechnology manufacturer, has been sued again and faces a federal case that involves a previous complainant and a Connecticut-based private school seeking a combined $3 million…
by - May 28, 2020 2:07 pm
The Chapter 11 bankruptcy case for Springdale-based NanoMech Inc. has been dismissed at the company’s request, according to court documents filed Thursday (May 28). U.S. Bankruptcy Judge John Dorsey approved…
by - April 8, 2020 6:33 pm
The U.S. Bankruptcy Court for the District of Delaware approved Wednesday (April 8) a $1.7 million settlement agreement in the bankruptcy case of Springdale-based nanotechnology manufacturer NanoMech Inc. that will…
by - March 18, 2020 7:34 pm
The bankruptcy case of Springdale-based nanotechnology manufacturer NanoMech Inc. looks to be coming to a close with a settlement that will clear its former CEO of financial wrongdoing, according to…
by - July 19, 2019 11:04 am
A subsidiary of Houston-based petrochemical company Vinmar International is expected to purchase the assets of Springdale-based nanotechnology manufacturer NanoMech for $13.09 million. The subsidiary, P&S Global Holdings LLC, was approved…
by - July 16, 2019 7:35 pm
Jim Phillips, former chairman and CEO of Springdale-based nanotechnology manufacturer NanoMech, has filed a response to the claims of financial wrongdoing while in his role with the company. Phillips, in…
by - July 10, 2019 6:44 pm
Houston-based petrochemical company Vinmar International looks to buy the assets of Springdale-based nanotechnology company NanoMech for $8 million. Meanwhile, the New York-based lender that sought to purchase the company initially…
by - July 1, 2019 6:50 pm
Springdale-based nanotechnology company NanoMech looks to expand an investigation into former CEO Jim Phillips and require him to turn over documents related to “various financial wrongdoings” he committed that led…
by - May 10, 2019 10:59 am
EDITOR’S NOTE: This story has been updated to include a federal judge’s decision Friday afternoon. Jim Phillips, former chairman and CEO of Springdale-based nanotechnology company NanoMech, had objected to the…
by - May 8, 2019 12:15 pm
Fayetteville-chartered Arvest Bank and Daniel Carroll of Michigan have filed objections to financing plans submitted in the bankruptcy case of Springdale-based nanotechnology company NanoMech. Arvest and Carroll were listed as…
by - April 16, 2019 4:10 pm
Springdale-based nanotechnology company NanoMech filed for Chapter 11 bankruptcy a week after filing documents to settle a nearly $9 million lawsuit alleging the company has not made payments on its…
by - April 4, 2019 12:28 pm
Springdale-based nanotechnology company NanoMech looks to settle one case after being sued twice for not making payments on nearly $10 million in loans. Attorneys for New York-based technology financing company…
by - April 1, 2019 7:20 pm
Springdale-based nanotechnology company NanoMech recently laid off a portion of its workforce and looks to be headed for bankruptcy in order to be sold after being sued twice for not…
by - March 29, 2019 4:37 pm
Springdale-based nanotechnology company NanoMech has been sued again for not paying its debt — this time for more than $1 million. Daniel Carroll of Michigan filed a complaint in the…
by - March 20, 2019 10:51 am
Jim Phillips will not be the one to lead Springdale-based nanotechnology company NanoMech through a lawsuit. Phillips retired from the company as chairman and CEO earlier this month, his former…
by - February 21, 2019 3:54 pm
Jim Phillips, chairman and CEO of Springdale-based nanotechnology company NanoMech, looks to guide the company through a lawsuit that alleges his firm missed payments on $7 million in loans. New…
by - February 7, 2019 12:46 pm
Editor’s note: This story is updated to include a statement from NanoMech. New York-based technology financing company Michaelson Capital Partners is suing Springdale-based nanotechnology company NanoMech for not making payments…
by - January 5, 2017 1:50 pm
NanoMech of Springdale has used its nanotechnology experience to develop custom industrial lubricant for Fayetteville-based die-casting company Pace Industries. The partnership is among several moves in the works in the…
by - April 13, 2016 3:27 pm
Northwest Arkansas startup NanoMech said Wednesday (April 13) that it secured $10 million in capital from the investment arm of Saudi Aramco, the deep-pocket state-owned national oil company of Saudi…
by - October 3, 2015 2:19 pm
Springdale-based NanoMech recently launched its own transport division to address the trucking and railroad industry requirements for increased sustainability, performance, reliability and efficiency. The division incorporates NanoMech’s lineup of products aimed at…
