Armco Metals
Holdings is a provider of metal and non-ferrous metal ore sales and
distribution solutions to companies who have occupied this space for over 10
years. In that time, Armco Metals Holdings has emerged as one of China’s
leading metal recycling and metal distribution companies. AMCO’s emergence as
an industry leader is linked to the company’s senior leadership, Mr. Kexuan
Yao. Under Mr. Yao’s leadership, Armco Metals Holdings has seen a surge in its
company growth over the past seven years. Subsequently, it has moved from being
a foreign enterprise specializing in metal ore trading to an international
corporate body with business activities within import, production, sales, and
distribution operations.
As for sales, the
company has developed sales relationships with over 100 small-to-medium
enterprises involved in metal manufacturing and over 10 international metal
suppliers from countries including South Korea, India, Australia, and Brazil.
For its business operations, the company works through five subsidiaries: Armco
(Lianyungang) Renewable Metals, Inc.; Armet (Lianyungang) Holdings, Inc.; Armco
Metals International, Ltd.; Henan Armco & Metawise Trading Co., Ltd.; and
Armco Metals (Shanghai) Holding, Ltd. Armco (Lianyungang) Renewable Metals, Inc.
remains the company’s core business asset.
To help improve its
customers’ businesses, Armco Metals Holdings offers complete metal sales and
distribution solutions that save them time and money, as well as the
environment. AMCO takes a proactive approach in its business relationships in
an effort to understand its clients’ business models and challenges, and then
devise specific metal recycling and metal distribution solutions that help them
achieve their business goals. Armco Metals continuously reassesses its
customers’ business needs and adjusts its approach as necessary to ensure their
clients have every opportunity for success.
In its financial
results for Q4 2013, company revenue increased 74 percent to $66.2 million from
Q4 2012’s revenue amount. The improved performance was attributed to the
company’s strong metal trading performance. In 2014 Armco Metals Holdings has
also been focusing on expanding its foreign market reach. Recently it announced
its stock purchase agreement with California-based Draco Resources, a company
that focuses on exploration, mining, and trading of iron ore and minerals.
Going forward, Armco intends to benefit from Draco Resources’ exclusive rights
of management, operation, distribution, and sale of approximately five million
metric tons of iron ore fine in the state of Alabama.
For more information
about the company visit www.armcometals.com
About QualityStocks
QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to find, evaluate, and learn more about investing in these companies.
QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to find, evaluate, and learn more about investing in these companies.
Sign up for “The QualityStocks Daily Newsletter” at www.QualityStocks.net
The Quality Stocks Daily Blog http://blog.qualitystocks.net
The Quality Stocks Daily Videos http://videocharts.qualitystocks.net
The Quality Stocks “Ones to Watch” http://gotstocks.qualitystocks.net
Please see disclaimer on the QualityStocks website: http://disclaimer.qualitystocks.net
No comments:
Post a Comment