Friday, December 18, 2009

New Export Division to Launch at General Automotive Company (GNAU.OB)

One company that has started to climb up the ladder is General Automotive Company. Based in Orlando, Florida, General Automotive is focused on expanding its operating growth platform through multiple and ongoing acquisitions of successful niche manufacturing companies within the automotive industry.

Today, General Automotive Company took a major step towards enhancing their future with the announcement that they have launched an export sales division for the purpose of expanding its distribution abroad.

From a historical standpoint, General Automotive Company has maintained its sales and distribution efforts within the borders of the United States but with this announcement, the young company has the potential to exploit the international distribution of its products and potentially grow into a global power.

Leading the way at General Automotive is Dan Valladao who serves as the company President and CEO. Valladao is a renowned name in the industry and has over 25 years of automotive experience, including in the retail, wholesale and OEM sales channels, and was instrumental in increasing the company’s sales from just over $3 million in 2004 to $15 million in 2007.

When asked what the new export division will mean to the future of General Automotive, Valladao was quoted as saying, “We have launched this initiative in response to demand that we see developing for our products internationally. With this new division, we will be able to leverage our existing relationships in Europe and Asia to expand our revenue and customer base.”

Another leader working at General Automotive is Scott Bruno. An industry veteran, Bruno has been appointed Director of Sales and has brought a full sales team with the agenda of building the export division. With the growth of the market, General Automotive is firmly positioned to take advantage of the wealth of opportunities presented.

Currently, General Automotive Company is trading in the $0.13 range. With strong leadership in place and the potential to evolve into a global presence, General Automotive may be an over-the-counter steal for the savvy investor.

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