Soligen Technologies Inc.: The Northridge company has signed a letter of intent to acquire the assets of A-RPM Corp., an aluminum foundry and machine shop in Santa Ana. Terms were not disclosed.
In a news release, Soligen said completion of the acquisition is subject to execution of a definitive agreement. A spokeswoman said the company plans to close the purchase by the end of June.
Soligen said it expects the foundry to provide it with "an immediate revenue stream."