Definitive Rest Mattress Company is reshaping its business
operations in an effort to increase shareholder returns moving forward. In
recent months, the company has officially disbanded its previous mattress
operations in favor of a new direction focused on metals sales and computer
numerical control (CNC) manufacturing. DRMC’s January acquisition of NU Metals
Technology, a high grade metals and tooling solutions provider for the
aerospace industry, was the first step toward this business transformation.
“We have a clear objective that is driven by technology,
beginning with our acquisition of NU Metals Technology,” Juan Carlos Murga,
chief executive officer of DRMC, stated in a news release. “[W]e look to the
future with long-term growth in all areas of the company by bringing value to
shareholders.”
In a recent press release, the company highlighted its early
performance results in the aerospace, defense and commercial component
manufacturing sectors.
“Recent orders from Asia and domestic companies for stainless
and aluminum have set the tone for NU Metals Technology by securing orders
until the end of 2015,” continued Murga. “[O]ur future is solid moving forward
with new business partners, new company direction and a new mindset; our
shareholders will be happy to see DRMC sales activity on the next quarterly
report.”
In addition to pushing toward the completion of development
on its new corporate website in order to better showcase its new line of
products, DRMC is on pace to meet its revenue projections for the third quarter
of 2015, according to the company’s management team. In the weeks to come, the
company will look to build on this progress and complete its metamorphosis
through the announcement of a new corporate name that better reflects its new business
operations.
According a report by IBISWorld, the machine shop services
industry, including commercial aerospace and transportation manufacturing
markets, have experienced robust growth since 2010, climbing to $47 billion in
2015. In the next five years, continued growth is forecast as a result of
heightened demand across a collection of manufacturing industries, providing
DRMC with ample opportunity to improve financial results.
For prospective investors, DRMC’s recent shift into metal
sales and CNC manufacturing could provide an opportunity for sustainable
returns in the months to come. The company’s strong revenue projections for the
second half of 2015 provide a positive outlook for continued market growth
moving forward.
“We are very excited with the company’s rebirth into a
vibrant new enterprise within the metals industry and machine tool industry
that stretches across many lucrative sectors in manufacturing,” concluded
Mulga. “We will leave the old operations behind and look forward to better
growth potential and shareholder value with our new direction into these two
sectors in industry and technology.”
For more information, visit www.numetalstech.com
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