Standard Holdings Group Subsidiary Commences U.S. Production; Weighs Use of Profits
July 14 2008 - 11:53AM
Marketwired
MCLEAN, VA has commenced production in its U.S. This follows
months of remodeling the 15,000 square-foot facility to meet
internal and regulatory requirements.
The facility is expected to immediately operate at a profit, and
management is analyzing options for the use of those profits,
including building or purchasing new machinery, creating new
products, repurchasing Company stock, and starting or purchasing
other businesses.
This announcement may contain, in addition to historical
information, certain forward-looking statements that involve risks
and uncertainties. Such statements reflect management's current
views and are based on certain assumptions. Actual results could
differ materially from the assumptions currently anticipated.
For more information visit the Standard Holdings Group web site
at http://www.standardholdingsgroup.com
Contact: Standard Holdings Group Ltd. 703-821-3434
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