Conihasset Capital Partners Wholly Owned Subsidiary MRO Integrated Solutions Forms New Boise, ID Based Division, Expands Product
November 05 2008 - 4:26PM
PR Newswire (US)
Announces Open House at their Boise facility on November 12, 2008
BOSTON, Nov. 5 /PRNewswire-FirstCall/ -- Conihasset Capital
Partners, Inc. ("Conihasset" or the "Company")(Pink Sheets: CNHA)
announced today that its wholly owned subsidiary, MRO Integrated
Solutions ("MRO"), recently formed a new division for the purpose
of expanding its product and service offerings to semiconductor
fabrication facilities("Fabs"). The new division called Diversified
Fluid Systems is based in Boise, ID and reports to James H Lyngar,
Jr., MRO's Managing Director for Gas and Fluid Handling Systems
("GFH"). Leading this expanded product offering will be Frederick
Elsey and Darren Willey, two veteran GFH engineers with over 25
years of combined experience in the design, manufacture,
installation and maintenance in complex fluid handling, delivery
and collection systems most recently with Micron Technologies in
Boise. "Our goal is to strengthen and expand our relationships in
both the clean room and the sub-fab. With the creation of the
Diversified Fluid Solutions group led by Darren and Fred we now
have the ability to deliver highly engineered solutions to new and
existing fabs around the country," stated Richard D. Bailey, MRO's
President and Chief Executive Officer. "The mission of the DFS
group is to design and manufacture systems for high purity fluid
products and chemical/slurry process equipment for all phases -
construction, qualification, and process management for our Fab
customer base," stated Lyngar. "I have known both Fred and Darren
for a number of years and worked closely with them on many
projects. Their expertise and reputations will allow us to bring
tailored, engineered, sub-fab solutions to the entire Fab
marketplace. This is an exciting opportunity and time for MRO," he
added, "This capability to design and manufacture these systems
coupled with our JIT vendor managed inventory programs allow us to
impact and improve Fab efficiency on multiple levels." In addition,
the Company has announced that on Wednesday November 12, 2008 from
1:00pm MST to 6:00pm MST the Company is holding an open house at
its Boise facility for industry members, shareholders and others to
visit the facility, become familiarized with the design,
fabrication and operational capabilities offered as well as to meet
the Company's managers, staff and members of Conihasset's Board of
Directors. For additional information regarding the open house and
directions to the facility please contact Bruce Schulte in Boise at
208-345-8496. About Conihasset and MRO: Conihasset Capital Partners
is a publicly treaded holding company whose shares are currently
quoted on the Pink Sheets under the symbol CNHA. It is
headquartered in Boston, MA. Conihasset is principally engaged in
the acquisition, management financing and growth of small
manufacturing, service and distribution companies. It currently has
one wholly owned subsidiary, MRO Integrated Solutions. MRO provides
JIT inventory management programs for spare and consumable parts to
semiconductor fabrication facilities around the country from its'
Shrewsbury, MA location. In addition MRO operates a Boise, ID based
facility which manufactures and repairs the gas and fluid handling
systems in the "sub-fab" where the critical gases and solutions are
received and collected, delivered to the Cleanroom tool which
physically manufactures the wafer and then evacuated back to the
sub-fab for collection and removal. Safe Harbor Language:
Statements included in this press release that are not historical
in nature are "forward-looking statements" within the meaning of
the Private Securities Litigation Reform Act of 1995 (the "1995
Act"). The words "believe," "expect," "anticipate," "estimate,"
"guidance," "target" and similar expressions identify
forward-looking statements. The Company cautions readers that
forward-looking statements are subject to certain risks and
uncertainties, which could cause actual results to differ
materially from those projected in the forward-looking statements.
The Company claims the protection of the safe harbor for
forward-looking statements contained in the 1995 Act. CONTACT:
Roger B. Coe (617) 235-7205 DATASOURCE: Conihasset Capital
Partners, Inc. CONTACT: Roger B. Coe for Conihasset Capital
Partners, +1-617-235-7205
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