  We present a new asymptotically-flat time-machine model made solely of vacuum
and dust. The spacetime evolves from a regular spacelike initial hypersurface S
and subsequently develops closed timelike curves. The initial hypersurface S is
asymptotically flat and topologically trivial. The chronology violation occurs
in a compact manner; namely the first closed causal curves form at the boundary
of the future domain of dependence of a compact region in S (the core). This
central core is empty, and so is the external asymptotically flat region. The
intermediate region surrounding the core (the envelope) is made of dust with
positive energy density. This model trivially satisfies the weak, dominant, and
strong energy conditions. Furthermore it is governed by a well-defined system
of field equations which possesses a well-posed initial-value problem.
