Recreational marine provider Victory Marine Holdings Corp.
(OTC: VMHG) this morning announced its entry into a tentative agreement to
lease a 7,000 square foot manufacturing facility located in Miami, Florida. The
facility will serve as the new location for Victory Marine’s wholly owned
Excalibur Trailers USA, Corp. and is expected to enable the company to begin
manufacturing its own line of boat trailers by year-end 2018. In addition, the
company is actively focused on its goal to begin manufacturing a unique line of
boats and believes that entering these two markets has the potential to drastically
increase overall revenue and profit margins with products manufactured and sold
by Victory Marine Holdings.
VMHG CEO Orlando Hernandez stated in the news release, “This
is exciting news for us and the entire company as we continue to make fast progress
on our boat trailer manufacturing plans. Is good to note that 95% of power
boats are less than 26 feet in length. Most of these boats are sold with
a trailer and allow our company to expand into a market with very strong demand
and a very high volume of sales.”
To view the full press release, visit http://ibn.fm/cb8nB
About Victory Marine Holdings Corp.
Victory Marine Holdings Corp. is a recreational marine
provider seeking to bring the best product and best service in different areas
of this amazing industry. The company is focused on providing its clientele
with a one-stop experience for all of their recreational marine needs, from new
and used boats to financing, insurance, documentation and accessories. For more
information, visit the company’s website at www.VictoryYachts.com
About QualityStocksNewsBreaks
QualityStocksNewsBreaks provide
a rapid summary of corporate news that catch the attention of QualityStocks.
QualityStocksBreaks are designed to keep investors up to date on important and
breaking news in the small-cap and micro-cap markets. Spanning all industries,
including energy, entertainment, telecommunications, healthcare, retail and
more, these news breaks deliver opportunities the investment community may have
missed. Whether it is earnings results, mergers and acquisitions, or any other
market-moving news, our news breaks keep you in the know. QualityStocks is
committed to connecting subscribers with companies that have huge potential to
succeed in the short and long-term future. It is part of our mission statement
to help the investment community discover emerging companies that offer
excellent growth potential.
QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
Please see full terms of use and disclaimers on the
QualityStocks website applicable to all content provided by QS, wherever
published or re-republished: http://www.qualitystocks.net/disclaimer.php
No comments:
Post a Comment