CasterShoX⢠was formed in 2004 as a joint venture between AxleShoXâ¢, a Michigan base shock absorption technology company, and Caster Concepts, Inc, a Michigan based manufacturer of industrial casters and conveyance products. The goal of the joint venture has been to develop and commercialize AxleShoX⢠technology as it pertains to industrial casters and conveyance systems, in other words, to mate AxleShoX⢠technology with Caster Conceptâs current product line. CasterShoX⢠has focused on developing the products and production tools necessary to manufacture CasterShoX⢠enabled products efficiently and cost effectively. Using Caster Conceptâs already well established distribution channels, CasterShoX⢠has marketed a complete caster solution which will include a CasterShoX⢠shock absorption system packaged within a Caster Concepts caster assembly. Through Caster Concepts' sales channels, CasterShoX products are being placed into automotive and
