Alpine 4's Technologies Announces a Joint Project Valued at $2.5 Million to Establish a New Contract Manufacturing Facility in
04 Outubro 2018 - 11:10AM
InvestorsHub NewsWire
Alpine 4's Technologies
Announces a Joint Project Valued at $2.5 Million to Establish a New
Contract Manufacturing Facility in Fort Smith,
Arkansas.
Phoenix,
AZ. -- October 4, 2018 -- InvestorsHub NewsWire
-- Alpine 4 Technologies' (OTCQB:
ALPP) Alpine 4 Technology, LTD and its subsidiaries American
Precision Fabricators, Inc. (APF) and Quality Circuit Assembly
(QCA) entered into a joint project to bring EMS assembly and
contract manufacturing to Fort Smith, Arkansas.
The
joint project will utilize roughly 18,000 square feet of the
existing 68,000 square feet facility that American Precision
Fabricators operates in, and will be initially dedicated for higher
volume cable assembly work. Alpine 4 expects that this joint
project will add $2.5 million in annualized sales between the two
companies over the next 18 months and grow from there.
Kent
Wilson, CEO had this to say, "Fort Smith, Arkansas with its skilled
labor pool and lower entry wage base, provides an attractive
opportunity for Alpine 4 and its subsidiaries to expand its U.S.
based contract manufacturing services in a means that is more
competitive with companies aboard. I also firmly believe that
Alpine 4's strongest competitive advantage is in our highly
diversified, yet synergistic business model of Drivers,
Stabilizers, and Facilitators; and we believe that this project
successfully exemplifies that model.
About
Alpine 4 Technologies Ltd.
Alpine 4
Technologies, Ltd (ALPP) is a publicly traded conglomerate that is
acquiring businesses that fit into its disruptive DSF business
model of Drivers, Stabilizers, and Facilitators. At Alpine 4 we
understand the nature of how technology and innovation can
accentuate a business. Our focus is on how the adaptation of new
technologies even in brick and mortar businesses can drive
innovation. We also believe that our
holdings should benefit synergistically from each other and that
the ability to have collaboration across varying industries can
spawn new ideas and create fertile ground for competitive
advantages. This unique perspective has culminated in the
development of our Blockchain enabled Enterprise Business Operating
System called SPECTRUMebos.
Contact:
Ian
Kantrowitz,
Director of Investor Relations
iank@alpine4.com
Forward-Looking
Statements:
The
information disclosed in this press release is made as of the date
hereof and reflects Alpine 4 most current assessment of its
historical financial performance. Actual financial results filed
with the SEC may differ from those contained herein due to timing
delays between the date of this release and confirmation of final
audit results. These forward-looking statements are not
guaranteeing
of future
performance and are subject to uncertainties and other factors that
could cause actual results to differ materially from those
expressed in the forward-looking statements including,
without limitation, the risks,
uncertainties, including the uncertainties surrounding the current
market volatility, and other factors the Company identifies from
time to time in its filings with the SEC. Although Alpine 4
believes that the assumptions on which these forward-looking
statements are based are reasonable, any of those assumptions could
prove to be inaccurate and, as a result, the forward-looking
statements based on those assumptions also could be incorrect. You
should not place undue reliance on these forward-looking
statements. The forward-looking statements contained in this
release are made as of the date hereof, and Alpine 4 disclaims any
intention or obligation to update the forward-looking statements
for subsequent events.
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