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A Leaner Way Of Life

01.24.2012

A Leaner Way Of Life

US Synthetic, Orem, UT, is an industry leader in diamond solutions, and challenged for the world's most prestigious award for operations excellence in 2011, The Shingo Prize.

A thirty year veteran in the development of long-lasting diamond inserts for use in drilling tools, US Synthetic’s strategy for continuous improvement is constantly keeping workers engaged and communicating—with each other, with the executives, and with customers. Keeping in mind the goal of creating a product that holds value for the customer, employees are encouraged to innovate, experiment, take risks, and learn from failures so the company as a whole can improve.

Eric Pope, vice president of operations with US Synthetic, credits the company’s unique culture of focusing on the individual for its success, which it has fostered since day one. Says Pope, “From the beginning, we were rooted in people. It’s all about improving their lives; it’s all about helping them be successful. It’s all about realizing and acknowledging their individual worth and their capabilities.”

US Synthetic employs a unique strategy for continuous improvement, in that its employees, from workers on the shop floor to the executive team, believe they are never done. Achieving The Shingo Prize for operational excellence is not the end of the journey for US Synthetic, it is a new challenge. “This is just a mile marker on the road here,” says Rob Galloway, CEO of US Synthetic. “Don’t look at Lean manufacturing as a destination,” he adds. “Don’t look at it as a checklist, look at it as a philosophy that you’re going to employ and then make sure it’s a philosophy everyone understands and adopts.”


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Copyright 2012 IMPO Magazine. All rights reserved.

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Award Winning

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US Synthetic receives world’s top manufacturing award

06.21.2011

US Synthetic receives world’s top manufacturing award

US Synthetic receives world’s top manufacturing award, The Shingo Prize. Industry-leading industrial diamond manufacturer is recognized for the world’s most prestigious award for operational excellence, The Shingo Prize (Video).


US Synthetic was honored as an enterprise award recipient, recognizing excellence across a variety of its products and brands including US Synthetic (drill bit inserts), USS Bearings (process-lubricated bearings), USS Wire Dies (wire drawing dies), Brady Mining (underground mining tools), and Suncrest Diamonds (natural gem diamond color enhancement).



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Renewable Energy Advances Powered by US Synthetic Bearings

03.02.2011

Renewable Energy Advances Powered by US Synthetic Bearings

US Department of Energy provides grant to US Synthetic Bearings to explore advantages of synthetic diamond bearings in harsh underwater conditions for power generation.

Orem, UT -- March 2, 2011 – US Synthetic Corporation, a Dover Company (NYSE: DOV) and the leading provider of polycrystalline diamond cutters for oil and gas exploration, announced today that its bearings division was awarded a grant of $186,000 by the US Department of Energy. The joint effort is geared to investigate whether polycrystalline diamond (PCD) thrust bearings will have a wide spread role in the DOE’s renewable energy program by enabling underwater turbine generators, known as marine hydrokinetic (MHK) energy machines.

US Synthetic Bearings will use its Orem, Utah testing facility to measure the effects of water lubrication on PCD bearings intended for use in MHK energy machines. MHK manufacturers, like New Energy Corporation, can then utilize the benefits of PCD bearings in their hydrokinetic power generation systems.

"We are one of the few companies in the world that has a water-to-wire hydrokinetic power generation system," explained Bob Moll, vice president of business development at New Energy Corporation, which designs and manufactures MHKs. "We've worked hard to take innovative thinking in hydroelectric generation and bring new technology to the market. Working with US Synthetic Bearings and their diamond bearing technology is another step in incorporating new and innovative technology into the power generation industry."

MHK energy machines rely on underwater currents to spin turbines, creating electricity. While a few exist in Europe and North America, the technology is still mostly experimental as researchers try new ways to reduce downtime and maintenance costs. One major obstacle is inadequate bearing technology. There is no conventional bearing technology capable of operating with variable loads, in seawater, with frequent starts and stops and with little or no maintenance while absolutely eliminating the possibility of oil pollution into the water.

US Synthetic believes PCD bearings have the potential to overcome these challenges, making MHKs an economically viable and sustainable renewable energy source. An MHK with PCD bearings has no seals, accommodates variable loads from tides without bearing failure, and cannot contaminate the seawater with oil—since seawater is the bearing lubricant.

“We believe synthetic diamond has tremendous potential as an engineering material,” said Craig Cooley, General Manager of US Synthetic Bearings. “We hope that demonstrating the effectiveness of PCD bearings in MHKs will expose other members of the scientific and engineering community to the advantages of using this material. Synthetic diamond is key where hardness, thermal conductivity, strength, toughness, and abrasion resistance are required.”

US Synthetic Radial and Thrust Bearings have a proven record in other harsh applications, such as drilling tools used for drilling oil and gas wells where bearing life has been significantly extended and drilling tool reliability improved.

US Synthetic Bearings will pay 20 percent of the research costs, using its own qualified technicians, and consulting with Louisiana State University Professor Michael Khonsari, Ph.D. Tests are expected to last a year, and will involve a variety of thrust bearings.

About US Synthetic Bearings

US Synthetic, a Dover Company (NYSE: DOV), is the leading provider of polycrystalline diamond cutters (PDCs) and diamond bearing technology for the energy industry and oil and gas exploration. Thanks to constant innovation, proven quality, and superior customer service, more of the world's energy suppliers rely on US Synthetic than any other PDC manufacturer. US Synthetic has spent more than a decade perfecting its products to last longer—especially in tough conditions that test the limits of the most durable energy exploration and drilling equipment. USS Bearings is a division of US Synthetic. For more information about US Synthetic and US Synthetic Bearings, visit www.ussbearings.com.

About New Energy

New Energy Corporation Inc. is a manufacturer of in-stream hydrokinetic power generation system. The company's proprietary EnCurrent Turbines convert kinetic energy in water currents into electricity the same way in which wind turbines convert the kinetic energy in wind into electricity. The EnCurrent Turbine is an economical hydroelectric generating product that has an extremely small environmental footprint and can be used in a large variety of settings where traditional hydroelectric plants are not practical or possible. The system can be installed in tidal currents in addition to freshwater applications such as rivers and canals. For more information about New Energy Corp, please see their web site at www.newenergycorp.ca.

Press Contact John Pilmer jpilmer@pilmerpr.com 801-369-7535

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US Synthetic Bearings Selected to Showcase Diamond Bearing Technology at 2011 ARPA-E

02.24.2011

US Synthetic Bearings Selected to Showcase Diamond Bearing Technology at 2011 ARPA-E
US Synthetic Bearings will join Dow, Lockheed Martin at Washington DC Event
February 28 - March 2

Orem, UT – February 24, 2011 - US Synthetic Bearings today announced its selection for the prestigious Technology Showcase at the ARPA-E Energy Innovation Summit, co-hosted by the Department of Energy’s Advanced

Research Projects Agency – Energy (ARPA-E) and the Clean Technology and Sustainable Industries Organization (CTSI). Hundreds of top technologists and cutting-edge cleantech organizations competed for the chance to participate in the Showcase, a hallway of America’s most promising prospects for winning the future in energy.

US Synthetic Bearings will exhibit its diamond bearing technology to nearly 2,000 national leaders committed to driving long-term American competitiveness in the energy sector. Attendees include top researchers, investors, entrepreneurs, corporate executives and government officials.

More than 200 groundbreaking technologies from ARPA-E awardees, corporations, National Labs and Department of Energy R&D programs will be featured at the event.

“This Summit gathers organizations that understand the need to both collaborate and partner to bring the next generation of energy technologies to market,” said Craig Cooley, General Manager of US Synthetic Bearings. “It’s a rare and exciting opportunity to have so many key players in the energy community under one roof. We look forward to sharing our diamond bearing technology with other innovators and investors at the Technology Showcase.”

Research and business development teams from 14 Corporate Acceleration Partners committed to technology commercialization will also be present, including Dow, Bosch, Applied Materials and Lockheed Martin.

The Summit also features high-profile speakers including U.S. Energy Secretary Steven Chu, ARPA-E Director Arun Majumdar, U.S. Navy Secretary Raymond Mabus, former California Governor Arnold Schwarzenegger and Bank of America Chairman Charles Holliday.

The second annual ARPA-E Energy Innovation Summit will take place February 28 - March 2, 2011 at the Gaylord Convention Center just outside Washington, D.C. To learn more or to register, please visit: www.ct-si.org/events/EnergyInnovation.

About US Synthetic Bearings
US Synthetic, a Dover Company (NYSE: DOV), is the leading provider of polycrystalline diamond cutters (PDCs) and diamond bearing technology for the energy industry and oil and gas exploration. Thanks to constant innovation, proven quality, and superior customer service, more of the world's energy suppliers rely on US Synthetic than any other PDC manufacturer. US Synthetic has spent more than a decade perfecting its products to last longer—especially in tough conditions that test the limits of the most durable energy exploration and drilling equipment. USS Bearings is a division of US Synthetic. For more information about US Synthetic and US Synthetic Bearings, visit www.ussbearings.com.

About ARPA-E
The Advanced Research Projects Agency – Energy (ARPA-E) is a new agency within the U.S. Department of Energy – and the first to focus exclusively on breakthrough energy technologies that could radically change the way we use energy. Rather than performing research directly, ARPA-E invests in high-risk, high-reward energy technologies being developed by universities, startups, small businesses, and corporations. Our staff combines industry-leading scientists, engineers, and investment executives to identify promising solutions to the nation’s most critical energy problems and to fast-track top technologies towards the marketplace – which is critical to securing the nation’s global technology leadership and creating new American industries and jobs. www.arpa-e.energy.gov

About CTSI
The Clean Technology & Sustainable Industries Organization (CTSI), a 501c6 non-profit industry association, represents the organizations developing, commercializing, and implementing energy, water, and environmental technologies. Clean technologies offer much needed solutions to growing resource security and sustainability concerns and are critical to maintaining economic competitiveness. CTSI brings together global leaders for advocacy, community development, networking, and information sharing to help bring these needed technologies to market more rapidly. Visit www.ct-si.org for more information.

US Synthetic Bearings Media Contact:
John Pilmer
801-369-7535
jpilmer@pilmerpr.com

Event Media Contact:
Laura Benold, CTSI
512-516-9804
press@techconnect.org

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Offshore Technology Conference 2011

05.02.2011

Offshore Technology Conference 2011

US SYNTHETIC BEARINGS

Founded in 1969, the Offshore Technology Conference is the world’s foremost event for the development of offshore resources in the fields of drilling, exploration, production, and environmental protection. OTC is held annually at Reliant Center in Houston.

Each year, OTC attracts more than 65,000 attendees and 2,000 exhibiting companies representing more than 110 countries.

OTC is sponsored by 12 industry organizations and societies, who work cooperatively to develop the technical program. OTC also has endorsing and supporting organizations.

Reliant Convention Center, Houston, TX
Booth: #4330
May 2 - 5, 2011

SPE Annual Technical Conference and Exhibition

10.30.2011

SPE Annual Technical Conference and Exhibition

US SYNTHETIC BEARINGS

Since its first conference 86 years ago, the Society of Petroleum Engineers’ Annual Technical Conference and Exhibition (ATCE) has attracted more than a half million of the E&P industry’s greatest minds from more than 50 countries around the world.

Technical sessions, presented concurrently with an exhibition, focus on all phases of oil and gas exploration and production. Special events allow E&P professionals to network with colleagues from around the world and celebrate key successes in the industry.

Colorado Convention Center, Denver, CO
October 30 - November 2, 2011
Booth: #2335

ARPA-E Energy Innovation Summit 2011

01.08.2011

ARPA-E Energy Innovation Summit 2011

US SYNTHETIC BEARINGS

The ARPA-E Energy Innovation Summit 2011 will convene the key players in the nation’s energy innovation community to spur the networks that will bring about the next Industrial Revolution in clean energy technologies, in the way the U.S. has led previous revolutions in life sciences and information technology. Participants will include the nation's leading individuals and organizations in energy innovation, including: venture capital investors, technology entrepreneurs, large and small corporations with an interest in clean energy technologies, policymakers from the Administration and Congress, and government officials from the Department of Energy and ARPA-E.

Gaylord Convention Ctr., Washington DC
Booth: #423
Feb. 28 - March 2, 2011

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Bluefield Coal Symposium 2011

09.14.2011

Bluefield Coal Symposium 2011

BRADY MINING

THE BLUEFIELD COAL SHOW is a professional show put together primarily by volunteers. The show continues to grow and today is considered one of the major regional shows in the U.S. The 2009 show featured approximately 230 exhibitors displaying firsthand what the future holds in the way of equipment and any new innovative technology being developed in the coal industry.

September 14 - 16, 2011
Brushfork Armory-Civic Center
Bluefield, West Virginia

Longwall USA 2011

06.21.2011

Longwall USA 2011

BRADY MINING

After more than 20 years of serving the industry, the Longwall USA bi-annual exhibition and conference has become the largest Longwall equipment trade show held in North America. Focused expressly on underground and longwall mining, the 2011 event will bring a growing lost of domestic and international exhibitors and sponsors to showcase the latest in technology and techniques for show participants.

June 21 - 23, 2011
D Lawrence Convention Center
Booth 918
Pittsburgh, PA

Interwire 2011

05.03.2011

Interwire 2011

US SYNTHETIC WIRE DIE

Interwire is the largest and longest-running wire and cable marketplace in the Americas. It is an international trade event that includes exhibiting companies, speakers, and attendees from more than 50 countries around the world.

May 3 - 5, 2011
Booth: #1663
Georgia World Congress Center
Atlanta, Georgia


JCK Las Vegas 2011

06.03.2011

JCK Las Vegas 2011

SUNCREST DIAMONDS

Attend JCK and immerse yourself in the jewelry industry for four days - and you will measure the positive impact it has on your business all year long. Make personal connections with old friends and new who share your passion for jewelry.

Mandalay Bay
Las Vegas, NV
June 3 - 6, 2011
Booth: B3952

Utah Valley Women’s Expo 2011

04.22.2011

Utah Valley Women’s Expo 2011

SUNCREST DIAMONDS

This Women's show is a Utah favorite. It's two days of everything she wants. We'd list all the cool stuff you could find, but there's just too much. The best way to understand it is to come and make a day of it. It's hundreds of the coolest women's businesses, good food, friends, fun and more.

UCCU Center, Utah Valley University
Orem, Utah
April 22 - 23, 2011

The Smart Jewelry Show 2011

04.02.2011

The Smart Jewelry Show 2011

SUNCREST DIAMONDS

SMART Jewelry Show provides great buying opportunities from highly sought after manufacturers and suppliers. Also, SMART has an unsurpassed education program with most sessions located right on the show floor and will motivate and pump you up for the road ahead in 2011.

Navy Pier
Chicago, IL
April 2 -4, 2011
Booth: 1812

Utah Business Leader Dr. Bill Pope Dies at 88

11.30.2010

Utah Business Leader Dr. Bill Pope Dies at 88

OREM, Utah--(BUSINESS WIRE)--Dr. Bill Jordan Pope, one of Utah’s most notable inventors and entrepreneurs, passed away peacefully at his home in Springville, UT, Tuesday afternoon from natural causes.

Dr. Pope is recognized for his pioneering contributions in the development of synthetic diamond manufacturing for multiple industries from oil and gas drilling to diamond-coated hip joints. As a renowned scientist who helped found three Utah companies, Dr. Pope’s work has led to hundreds of high-tech jobs throughout the region. In 2002, Dr. Pope was awarded the Utah Governor’s Silver Medal Award for science and technology. As a chemical engineering professor and business mentor at Brigham Young University for 20 years, Dr. Pope has inspired hundreds of aspiring business leaders.

Dr. Pope was extremely active in business development and civic affairs—serving in numerous leadership positions that saw him receive awards and honors including: Utah Valley University’s Excellence in Ethics Award, the Freedom Festival’s Pioneer of Progress Award, and the Utah Valley Entrepreneurial Forum’s Entrepreneur of the Year Award. In his business career, Dr. Pope served as President of MegaDiamond, US Synthetic, and Dimicron.

“As one of the founding fathers of US Synthetic, Bill Pope had a profound influence on the people around him, the business, science and entire HPHT diamond industry,” said Rob Galloway, president and CEO of US Synthetic. “We owe Bill a great debt of gratitude for his fortitude and unquenchable enthusiasm and support for our continued success.”

Dr. Pope will also be known for generations to come for his philanthropic generosity to both BYU and UVU, where the Science Building is named in his honor and perpetual scholarships at both universities have been established. The Center for Humanitarian Outreach and Intercultural Exchange twice honored Dr. Pope with the Helping Hands Award. And the Provo and Orem Chamber of Commerce recognized Dr. Pope with the Arthur Watkins Award for Businessman of the Year. Dr. Pope has served in numerous volunteer positions in his community and church including bishop, stake president, and regional representative.

“Bill’s accomplishments in the synthetic diamond industry are legendary,” said Terry Kane, executive director, Industrial Diamond Association of America. “There are many that have admired and will continue to admire his tremendous work and great innovations for generations to come. He will be greatly missed.”

Dr. Pope received engineering degrees from the University of Utah and a PhD from the University of Washington. Dr. Pope received an honorary Doctorate Degree in Business from Utah Valley University. The alumni at BYU also honored Dr. Pope with Emeriti Award for his contributions to the community.

A video tribute to his life’s accomplishments is available on YouTube: Link

Dr. Pope is lovingly remembered by his wife Margaret McConkie Pope, his son Louis and wife Chriss, his daughter Leslie and husband Alan Layton, his daughter Kathryn and husband David Paxman, and his daughter Patrice and husband Wayne Tew. His 28 Grandchildren recall how “Grandpa always had some little gadget in his pocket to educate and entertain us.”

Press Contact:
For US Synthetic
John Pilmer
jpilmer@pilmerpr.com

US Synthetic Food Drive illustrates the type of culture US Synthetic employees have

11.10.2010

US Synthetic Food Drive illustrates the type of culture US Synthetic employees have

November and December are the busiest months for the Utah Food Bank, as communities turn their attention to the hungry. On Tuesday, Orem-based US Synthetic is donating approximately 15,000 food items to the charity.

"The US Synthetic Food Drive illustrates the type of culture our company and our employees have worked hard to develop over the years," said Troy Holmberg, director of corporate social responsibility at US Synthetic, in a news release. "Through team competition, our employees encouraged each other to donate more and more food-generating remarkable results. As part of our Engineering Good initiative, US Synthetic is pleased to help those in our community and around the world."


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Copyright 2010 Daily Herald. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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US Synthetic - Ranked #13 in Utah Patents filed in 2009

05.06.2010

US Synthetic - Ranked #13 in Utah Patents filed in 2009

Utah County shows off smarts at Genius Awards


Matt Reichman - Daily Herald

SALT LAKE -- If genius can be measured by number of patents held, then Utah County is home to some of the sharpest knives in the drawer. The county cleaned up at the second annual Utah Genius Awards at the Little America Hotel on Wednesday. The genius honors, presented by Bateman IP Law Group and Utah CEO, went to the Utah inventors and companies that racked up the most patents and trademarks in 2009.
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Rob Galloway Featured in Industry Week

05.03.2010

Rob Galloway Featured in Industry Week

By Jonathan Katz

Plant supervisors at US Synthetic Corp. in Orem, Utah, don't have to ask permission from upper management to implement employee suggestions.

The $160 million manufacturer of diamond drill bits decided in 2005 when it began implementing lean manufacturing to put improvement initiatives in the hands of the workers who were most familiar with plant operations, says Rob Galloway, US Synthetic's CEO.


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Wire Expo 2010

05.12.2010

Wire Expo 2010
The US Synthetic Wire Die engineering team will be attending Wire Expo 2010, in Milwaukee, Wisconsin. The Wire Expo is organized by WAI every other year in a different industry hub within the U.S. The event incorporates technical paper presentations, a comprehensive exhibit, networking activities and more. We invite you to visit us at our booth #411 to meet our team and discuss our latest technology.

ATCE 2010

09.20.2010

ATCE 2010

The US Synthetic Bearings engineering team will be attending the ATCE 2010 Conference in Florence, Italy September 20-22. For the first time, SPE's flagship meeting-the Annual Technical Conference and Exhibition-will be held outside the United States. With more than 50% of SPE members residing outside of the United States, SPE recognizes how important it is for its annual meeting to be accessible to all members around the world.

Join us in Florence to share technical knowledge, network with colleagues from around the world, and celebrate key successes in the E&P industry. We invite you to visit us at our booth #1116 to meet our team and discuss our latest technology.

2010 Offshore Technology Conference

05.03.2010

2010 Offshore Technology Conference

The US Synthetic Bearings engineering team will be attending the Off Shore Technology Conference (OTC) in Houston Texas, May 3-6. Founded in 1969, the Offshore Technology Conference is the world's foremost event for the development of offshore resources in the fields of drilling, exploration, production, and environmental protection. We invite you to visit us at our booth #4048 to meet our team and discuss our latest technology.

2010 Offshore Technology Conference

2010 Offshore Technology Conference

Bauma 2010

04.19.2010

Bauma 2010
The Brady Mining engineering team will be attending Bauma 2010April 19-25th in Munich, Germany. Bauma features more than a half million square meters (5,382,131 sq ft) of exhibition space, making it by far the largest and certainly the most impressive exhibition ever. No other industry event features a wider range of products and services. No other exhibition is more international. This is where all of the market’s leading manufacturers and key players are represented. This is where innovations are presented for all sectors. We invite you to visit us at our booth at Hall: C2 Booth: 106 to meet our team and discuss our latest technology.

Wire 2010 Dusseldorf

04.12.2010

Wire 2010 Dusseldorf
The US Synthetic Wire Die engineering team will be attending Wire Dusseldorf 2010, April 12-16th. The show focuses on trends and technologies. Innovations you can touch. Sources of inspiration for a booming industry. This is the sector's leading trade fair, wire, is the central trade fair for the wire and cable industry. Here the trade experts will find the answers to the challenges of the future. We invite you to visit us at our booth (Hall: 16, booth: #K06) to meet our team and discuss our latest technology.

Demand rising for diamond-tipped drill bits

04.02.2010

Demand rising for diamond-tipped drill bits
Marc Haddock - Deseret News

OREM -- An increase in the sale of synthetic diamond teeth for drill bits used to explore oil and natural gas reserves is good news for the economy, according to Rob Galloway, chief executive of US Synthetic. Officials at the company, the world's leading manufacturer of the long-lasting diamond inserts, say the industry has turned a corner, re-establishing a growth trend that was steadily increasing before the economy faltered in 2008.
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Utah Business - Rob Galloway Succeeding from the ground up

12.16.2009

Utah Business - Rob Galloway Succeeding from the ground up
By Scott Schule

Rob Galloway has always had his eyes set upward. Perhaps that’s why in his free time, Galloway can be found hiking, camping or rock climbing in the mountains of central Utah—always seeming to be moving toward the sky.

A 42-year-old married man and father of three small children (and one due this summer), Galloway always anticipated working in the aerospace field. Rockets, space, stars and such, Galloway never thought his career would take him in a total opposite direction. But that’s what happened 11 years ago when Galloway joined the team at Orem’s US Synthetic, a company that supplies diamond drilling technology to energy companies exploring for oil and natural gas.

“I always expected to have a career in aerospace,” Galloway says. “That’s where my education had been and what I was doing before coming on here.”

Click here to read the full article.

Deseret News - US synthetic founder’s hobby is to fight poverty

12.05.2009

Deseret News - US synthetic founder’s hobby is to fight poverty

Deseret News Article - Utahn aiding poor - by Marc Haddock

When Louis Pope retires as chief executive of US Synthetics in January, he's moving into a nice house on a beautiful beach — in Kenya.

But the 62-year-old isn't planning to settle down. Instead, Pope will take a hands-on approach to directing two businesses he has created to lift the poorest people in Kenya out of abject poverty. "This is what I'm interested in. It's my hobby," he said. "You have got to do something with your money besides being rich. I find it a lot more fun than playing golf."

Pope formed Orem-based US Synthetics in 1978 and built the company into the world's leading producer of synthetic diamond drill bits, a critical component in oil and gas exploration.

Along the way, he discovered a passion for helping others.

A weeklong visit with West Jordan-based Choice Humanitarian to rural Mexico in 1996 to help build a school was the first step in what became a life-changing journey for Pope. A year later, he went to Kenya with the same organization.

Pope has since returned more than 25 times to the former British colony on Africa's east coast on a personal mission to help "the poorest of the poor," he said.

"When I put my feet on Kenyan soil, I get buzzed," Pope said. "Everyone who goes there with me is immediately excited. This is where I have to be."

During the past 10 years, Pope has established two Kenyan-based companies — Yehu Microfinance, which offers loans to women living in extreme poverty, and Coast Coconut Farms, which produces coconut oil using low-tech methods developed by a group of BYU engineering students as one of the school's Capstone projects. Pope created a third company, Basa Body, based in the US Synthetics Orem plant, to use the coconut oil to make body lotion and similar products.

Coast Coconut Farms provides work for more than 100 Kenyan families, from farmers' cooperatives to harvest coconuts to groups of micro-franchisees that operate small-scale oil presses.

Yehu Microfinance offers loans that average about $135 to women who have had no access to money lenders in the past to start small businesses.

"We have got about 17,000 ladies right now," Pope said, "and we think we can help them make sustainable jobs. Their poverty is such that if we help them raise their income by $1 a day, we've made a difference."

Pope's enthusiasm for this work is infectious. Photos of Kenyan women who have benefited from the companies line the walls of the US Synthetic offices; dozens of workers from the company have been to Kenya to volunteer to help the poor; and Pope said about half of the employees donate money to Yehu Microfinance, money that is matched by US Synthetic.

Click here to read the full story

Daily Herald - Louis Pope honored for Innovation

12.15.2009

Daily Herald - Louis Pope honored for Innovation

Daily Herald - Honoring Innovation -by Grace Leong

Louis Pope of U.S. Synthetic Corp., one of five Utah entrepreneurs honored on Thursday for his innovation and philanthropic work, is retiring after 31 years of managing his drill bit manufacturing business to devote his time to a microcredit initiative in Kenya.

Named the 2009 Utah Valley Entrepreneurial Forum's Ron King Social Entrepreneur of the Year, Pope, 62, sits on the boards of several humanitarian groups including Yehu Microfinance, which helped start Coast Coconut Farms in rural Kenya. The factory makes and sells virgin coconut oil to health food companies in the U.S. including Real Foods, an organic health food company in Orem.

"We went over to Kenya about 10 years ago on a Choice Humanitarian visit and helped out with building a well and a school. Then we started our microcredit program there and it has grown to be a savings and loan program for 17,000 ladies in Kenya," Pope said.

A Provo native, Pope and his wife are now building a house in Kenya and plan to spend eight to nine months a year in the country for the rest of their lives.

"This is not a vacation. We're starting several businesses there primarily to help rural entrepreneurs in Kenya help lift themselves out of poverty. In addition to the coconut oil factory, we've started a purified water selling business to help the very poor there, and to create jobs," Pope said.

Founded in 1999, Yehu Microfinance provides micro-loans, which can be used to start or expand small businesses, as well as some business training, micro-insurance and other services.

Click here to read the full article

US Synthetic Unveils Award-Winning Bearing Technology

05.04.2009

US Synthetic Unveils Award-Winning Bearing Technology

Industry leader first to market with synthetic diamond radial bearing for harsh environments

Orem, UT, May 4, 2009 – US Synthetic Corporation, a Dover Company (NYSE: DOV) and the leading provider of polycrystalline diamond cutters (PDCs) for oil and gas exploration, announced today availability of the industry’s first commercially viable radial bearing line based on synthetic diamond technology. Coming out of field trials with major manufacturers, this groundbreaking technology from the US Synthetic Bearings division has garnered the 2009 Spotlight on New Technology Award from the Offshore Technology Conference, and was also recognized by the 2009 Utah Innovations Awards, presented by Stoel Rives LLP and the Utah Technology Council.

“Our radial bearings offer truly disruptive advances with longer life, reduced size, and increased lateral load-carrying capacity,” stated Craig Cooley, general manager the US Synthetic Bearings division. “A single installation can save many thousands of dollars in rig time.”

Compared to tungsten-carbide technology, US Synthetic Radial and Thrust Bearings extend bearing life by four to ten times in the harshest real-world environments. This fully customizable bearing line offers design engineers and tooling manufacturers durable bearings for drilling tools, pumps, and heavy equipment.

Unlike competing offerings, these advanced bearings outperform mud-lubricated tungsten carbide bearings and eliminate the need for seals and special lubrication, using drilling mud or process fluids instead. Jim Isenhour, Drilling Optimization Supervisor, Hard Rock Solutions, stated: “I believe everyone in the industry would benefit from running these diamond bearings”.

For more information on US Synthetic bearings and down hole drilling components, contact us today or read more about our technology advantage.

US Synthetic
US Synthetic, a Dover Company (NYSE: DOV), is the leading provider of polycrystalline diamond cutters (PDCs) for oil and gas exploration. Thanks to constant innovation, proven quality, and superior customer service, more of the world’s energy suppliers rely on US Synthetic than any other PDC manufacturer. US Synthetic has spent more than a decade perfecting its products to drill faster and last longer—especially in tough conditions that test the limits of the most durable drilling equipment. For more information about US Synthetic, please see their web site at www.ussynthetic.com.

Press Contact: John Pilmer jpilmer@pilmerpr.com 801-369-7535

USS Wiredie will be attending the interwire trade exposition 2009

03.26.2009

USS Wiredie will be attending the interwire trade exposition 2009

April 25-30, 2009
I-X Center, Cleveland, Ohio, USA

US Synthetic Wire Die, a business unit of US Synthetic, will be attending Interwire 2009, the largest and longest-running wire and cable marketplace in the Americas. Interwire events rank as one of the 200 largest tradeshows in the U.S. by Tradeshow Week magazine. Interwire is the place where buyers, sellers, researchers, and speakers connect with new contacts and colleagues. The show crosses dozens of vertical industries including automotive, construction, aerospace, transportation, and communications, to name a few. We invite you to visit us at our booth #4212 to meet our team and discuss our latest technology.

Brady Mining will be attending the Longwall USA Exhibition & Conference 2009

03.24.2009

Brady Mining will be attending  the Longwall USA Exhibition & Conference 2009

June 16-18, 2009 David L. Lawrence Convention Center; Pittsburgh, Pennsylvania


Brady Mining a business unit of US Synthetic will be attending the Longwall USA Exhibition & Conference. It is a mining show like no other. Well established and attended by a range of delegates from all parts of the longwall mining industry, Longwall USA attracts all of the most important manufacturers and service providers.

Brady Mining will be attending the Bluefield Coal Show 2009

03.24.2009

Brady Mining will be attending  the Bluefield Coal Show 2009

September 16 -18, 2009 Brushfork Armory-Civic Center; Bluefield, West Virginia


Brady Mining, a business unit of US Synthetic, will be attending the Bluefield Coal Show. It is a professional event put together primarily by volunteers. The show continues to grow and today is considered one of the major regional shows in the United States. The 2007 show featured approximately 230 exhibitors displaying firsthand what the future holds in the way of equipment and new innovative technology being developed for the coal industry.

Brady Mining will be attending MinExpo International 2009

03.24.2009

Brady Mining will be attending MinExpo International 2009

September 22-24, 2009
Las Vegas Convention Center, Las Vegas, NV, USA

Brady Mining a business unit of US Synthetic will be attending the MinExpo International is a trade show held every four years that exhibits the latest mining and minerals processing technologies, and state-of-the-art machinery and equipment from around the globe for the coal, metal and nonmetal mining processing industries. It is sponsored by the National Mining Association.

US Synthetic Bearings will be attending ATCE 2009

03.24.2009

US Synthetic Bearings will be attending ATCE 2009

The US Synthetic Bearings engineering team will be attending this year's 2009 ATCE Conference, in New Orleans Louisiana, October 4th through the 7th. An 85-year-old tradition that focuses on all phases of oil and gas exploration and production. The Society of Petroleum Engineers Annual Technical Conference and Exhibition (ATCE) has attracted more than a half-million of the E&P industry’s greatest minds from more than 50 countries around the world. We invite you to schedule an appointment with us at the conference.

US Synthetic Bearings will be attending OTC 2009

03.24.2009

US Synthetic Bearings will be attending OTC 2009

US Synthetic Bearings, a business unit of US Synthetic, engineering team at the Offshore Technology Conference, May 4th through May 7th, at the Reliant Center in Houston, Texas. The Offshore Technology Conference (OTC) is the premier offshore industry event for professionals, service industries, and suppliers to gather and discuss common issues of ocean resource development. Technological innovations and forums on economic, social, and political aspects of resource development and environmental protection have been the mainstay of this worldwide conference. We invite you to visit us at our booth #4048 to meet our team and discuss our latest technology.

US Synthetic Bearings will be attending WOM 2009

03.24.2009

US Synthetic Bearings will be attending WOM 2009

US Synthetic Bearings a business unit of US Synthetic, will be attending the 17th International Wear of Materials Conference. This year's conference, held April 19th through the 23rd in Las Vegas Nevada, will focus on both the fundamental and applied aspects of wear and friction of materials at the macro-, micro- and nano-scale. The Conference provides a unique international forum for researchers and practicing engineers from different disciplines to interact and exchange their latest results. The US Synthetic Bearings team will be presenting a paper on Polycrystalline Diamond Thrust Bearings for Down-hole Oil and Gas. We invite you to schedule an appointment with us at the conference.

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Lending a Helping Hand

02.27.2009

Lending a Helping Hand

US Synthetic and its employees are working hard to enhance the lives of people throughout the world. The company and employees are lending a helping hand to extremely impoverished women in Kenya, through Yehu microfinance. Through generous donations, Yehu microfinance provides financial and other support services for small businesses owned by very poor women in the rural coastal region of Kenya. Yehu is an organization for the poor, run by the poor.

US Synthetic and Yehu work in conjunction with Choice Humanitarian, an international NGO specializing in village development. Yehu was created based on the principles and procedures of the world-renowned Grameen Bank.

Yehu combats poverty by empowering poor rural women in Kenya to lift themselves out of poverty through enhanced accessibility to sustainable financial services. This includes enabling them to save and earn interest while giving them access to micro-loans, which can be used to start or expand their small businesses. Other services that are provided by Yehu are micro-insurance, as well as many other services, as they are needed, to improve the lives of its members. Ultimately, Yehu provides hope and a hand up to those who have been marginalized by society.

Helping one another succeed is a strong part of the US Synthetic culture. Many US Synthetic employees have donated their time and financial resources in helping this worthwhile cause. To find out how you can help, visit Yehu Microfinance.

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