Ein möglicher Gewinner 2006 Marmion!
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WKN: A0D9D3 ISIN: US5713033042
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Wertpapier: Marmion Industries |
2007-09-27 06:00 ET - News Release
HOUSTON, Sept. 27 /PRNewswire-FirstCall/ -- Marmion Industries Corp , (the "Company") -- an emerging manufacturer and modifier of heating, ventilation, and air conditioning (HVAC) equipment -- today announced the purchase of 2.75 acres of land in Houston, Texas, along with its plan to construct a new 126' X 250' multi-use facility.
The new plant will allow Marmion Industries to increase production levels in order to meet growing demand for its state-of-the-art equipment. Marmion's new facility, which is located approximately one-mile from its current headquarters, will also house the company's international sales office and act as its main base of operations.
Commenting on today's news, CEO W.H. Marmion stated: "I am ecstatic that we will finally be able to bring into manifestation a dream we have held for many years. The new facility will enable us to bring into our company many of the processes we were outsourcing for years, thus enabling us to increase quality and our competitive share in the market. We desire to develop more business products and services, as well as expand our core explosion proof industrial product line."
Construction of the plant is scheduled to commence by the end of November 2007 and be completed by March 2008. In addition, the plant is being engineered by Binkley & Barfield Inc. Engineering, Houston, Texas, and the architect is Archi-Group, of Houston, Texas.
In a testament to the enormous growth potential in the company's core markets, the International Energy Agency estimates that the total investment required in the oil and gas sectors over 2005 to 2030 will amount to more than $8 trillion. Recent progress made by Marmion Industries Corporation in the industrial segment of the HVAC industry is exhibited by a recent sale for a ConocoPhillips project, in addition to both second quarter and first half industrial sales which reach $691,000 and $1,700,000 respectively, up from $433,000 and $868,000 during 2006.
About Marmion Industries Corporation
Marmion Air Service specializes in Explosion-Proof Heating, Ventilation, Cooling Pressurization and chemical filtration solutions for mission-critical applications. Our reputation is based on superior equipment and service, from south Texas and Louisiana refineries to drilling rigs and chemical plants in Saudi Arabia and South America. Our products are designed for application in Petro-Chemical, Industrial, Agricultural, wastewater, pulp and paper, elect., medicine, and Aerospace. Marmion Air Service commenced operation in Texas in 1998 in residential and commercial HVAC service. The Texas Department of Licensing and Regulation -- TACLA019367C -- recognizes the company as a contractor in the field of Heat Ventilation and Air Conditioning. The company is in the process of working towards third party certifications on selected manufactured equipment.
Further information on Marmion Industries is available at: http://www.marmionair.com and http://www.microstockprofit.com
Forward Looking Statements
The information in this news release includes certain forward-looking statements that are based upon management's expectations and assumptions about certain risks and uncertainties that can affect future events. Although management believes these assumptions and expectations to be reasonable on the date of this news release, these risks and uncertainties may cause actual events to differ material from managements those contained in this news release. The risks and uncertainties include, but are not limited to, continuing as a going concern, availability and cost of our present vendors and suppliers, and absence of any change in government regulations or other costs associated with data transmission over the Internet or termination of transmissions in foreign countries.
Contact:
Seacoast Advisors
IR@seacoastadvisors.com
(888) 945-2110
Marmion Industries Corporation
CONTACT: Seacoast Advisors, 1-888-945-2110, IR@seacoastadvisors.com, for
Marmion Industries Corporation
Web site: http://www.marmionair.com/
http://www.microstockprofit.com//
HOUSTON, Oct. 4 /PRNewswire-FirstCall/ -- Marmion Industries Corp (OTC Bulletin Board: MMIO) -- an emerging manufacturer and modifier of heating, ventilation, and air conditioning (HVAC) equipment -- today announced Amalfi Research Group Ltd. has released an executive interview with CEO W.H. Marmion.
Mr. Marmion discusses a number of topics including the company's business plan, recent corporate developments, and prospects for future growth.
Commenting on the interview's availability, CEO W.H. Marmion stated 'I welcome the opportunity to update shareholders as well as the broader investment community on the company's history, key strengths, and opportunities for future growth. This communication will be followed in the near-term by a company issued, strategic initiatives press release that provides more insight into Marmion's recent successes and plans for future growth.
To listen to the interview in its entirety, please visit: http://www.microstockprofit.com/Media.stgx
Marmion Industries Announces Completion of Project for Lucite International
Install with Lucite Marks Growth of Marmion's Industrial Segment
HOUSTON, Oct. 9 /PRNewswire-FirstCall/ -- Marmion Industries Corp (OTC Bulletin Board: MMIO), (the 'Company') -- an emerging manufacturer and modifier of heating, ventilation, and air conditioning (HVAC) equipment -- today announced the completion of a project for Lucite International, the world's leading producer of acrylic monomers and owner of the popular Lucite(R) and Perspex(R) brands.
Under the terms of the contract, Marmion has installed a Class 1, Division 1, hazardous location refrigeration system, including industrial controls, for peroxide storage at a Lucite facility. With a 25% share of the global methacrylates market and annual revenues that currently exceed $1.5 billion, Lucite International is an ideal customer for Marmion's products and services.
Commenting on today's news, CEO W.H. Marmion stated, 'The utilization of our products and services by Lucite International is a major testament to both their quality and the ability of our management team to negotiate contracts with some of the world's leading Petro-Chemical organizations. As the industrial side of our business grows, contracts such as the one announced today, in addition to our recent product shipments for use in a ConocoPhillips project, continue to expand our footprint in the market and provide increased opportunity for future growth.'
The recent progress made by Marmion Industries Corporation in the industrial segment of the HVAC industry is exhibited by both second quarter and first half industrial sales which reach $691,000 and $1,700,000 respectively, up from $433,000 and $868,000 during 2006.
HOUSTON, Oct. 11 /PRNewswire-FirstCall/ -- Marmion Industries Corp (OTC Bulletin Board: MMIO), (the 'Company') -- an emerging manufacturer and modifier of heating, ventilation, and air conditioning (HVAC) equipment -- today announced strategic initiatives for the next 6-12 months and summarized recent achievements.
Commenting on the company's recent performance and future initiatives, CEO W.H. Marmion stated, 'Marmion Industries has made significant advancements over the past few months that better position the company to tap into the vast pool of opportunity that lies within both the commercial and industrial segments of the global HVAC industry. Our ability to attract high profile industrial clients including Lucite International and the application of our technology by leaders in the petrochemical space such as ConocoPhillips validates the quality of our offering and is attracting new business like never before.'
Mr. Marmion further commented, 'In just over one month, we have announced future and completed contracts valued in excess of $5,000,000. For a company that logged just over $4.6 million for all of fiscal year 2006, we feel that recent revenue growth is a major achievement and a very positive indication of the upward direction that our business is traveling in.'
Marmion concluded, 'In order to sustain recent growth and meet record demand for our offering; the company has recently made the decision to upgrade our manufacturing facility. We expect current levels of demand to remain relatively constant for the foreseeable future as we improve the depth and quality of our customer base and establish a larger footprint in the HVAC industry, both organically and through growth by acquisition. As the company pushes forward with its aggressive near-term growth strategy, we will release relevant information regarding our advancement to shareholders, as it becomes publicly available.'
Key Achievements Include:
-- Announcing more than $5,000,000 worth of completed and future contracts
over the past five weeks.
-- Second quarter and first half industrial sales which reached $691,000
and $1,700,000 respectively, up from $433,000 and $868,000 during 2006.
Recent product shipments for use in a ConocoPhillips project.
-- Recent completion of a project for Lucite International, the world's
leading producer of acrylic monomers and owner of the popular Lucite(R)
and Perspex(R) brands.
-- Two year ongoing purchasing agreement with a repeat industrial
customer, Powell Industries of Houston, Texas valued at more than
$2,000,000.
-- Purchase of 2.75 acres of land in Houston, Texas, along with its plan
to construct a new approximate 30,000 square foot multi-use facility.
-- Growth of commercial business which is exemplified by a recent
$2,100,000 contract for HVAC-related equipment and installation
services at Sweeney High School (Sweeney -- TX).
-- Becoming one of the first mechanical contractors to implement the new
Leadership in Energy and Environmental Design 'LEED' Certification of
Quality Program.
Strategic Initiatives for 2007 include:
-- Capitalize on existing sales opportunities through the implementation
of a more aggressive sales/marketing strategy, deployment of additional
sales/marketing personnel, and ramping up overall production levels.
-- Streamline operations through an externally conducted business process
audit immediately followed by implementation of company-wide efficiency
mandates.
-- Improve the depth and breadth of our customer base and product/service
offering.
-- Expand OEM/Private Label design and production capabilities.
-- Bundle our products with ancillary products to enhance revenue
opportunities and increase the total installed base of Marmion
Industries products.
-- Expand current product line by adding new and innovative designs and
potentially acquiring synergistic offerings.
-- Expand our international footprint to capitalize on industry growth,
particularly within the petrochemical arena.
-- Continue to expand our brand awareness through the implementation of
more aggressive internal sales and marketing efforts as well as by
forging relationships with well respected industry associations and
periodicals.
-- Dedicate significant time and effort towards the in-depth due-diligence
associated with identifying a strategic acquisition(s) that would both
significantly accelerate our top line growth as well as add accretively
to earnings.
-- Continue to pursue business relationships with well-entrenched local,
regional, domestic, and international industry players.
-- Form an advisory board with relevant industry expertise and
relationships.
About Marmion Industries Corporation
Marmion Air Service specializes in Explosion-Proof Heating, Ventilation, Cooling Pressurization and chemical filtration solutions for mission-critical applications. Our reputation is based on superior equipment and service, from south Texas and Louisiana refineries to drilling rigs and chemical plants in Saudi Arabia and South America. Our products are designed for application in Petro-Chemical, Industrial, Agricultural, wastewater, pulp and paper, elect., medicine, and Aerospace. Marmion Air Service commenced operation in Texas in 1998 in residential and commercial HVAC service. The Texas Department of Licensing and Regulation -- TACLA019367C -- recognizes the company as a contractor in the field of Heat Ventilation and Air Conditioning. The company is in the process of working towards third party certifications on selected manufactured equipment.
Further information on Marmion Industries is available at: http://www.marmionair.com and http://www.microstockprofit.com
Forward Looking Statements
The information in this news release includes certain forward-looking statements that are based upon management's expectations and assumptions about certain risks and uncertainties that can affect future events. Although management believes these assumptions and expectations to be reasonable on the date of this news release, these risks and uncertainties may cause actual events to differ material from those contained in this news release. The risks and uncertainties include, but are not limited to, continuing as a going concern, availability and cost of our present vendors and suppliers, and absence of any change in government regulations or other costs associated with data transmission over the Internet or termination of transmissions in foreign countries.
Contact:
Seacoast Advisors
IR@seacoastadvisors.com
(888) 945-2110
SOURCE Marmion Industries Corporation
Source: PR Newswire (October 11, 2007 - 5:00 AM EST)
http://biz.yahoo.com/e/080814/mmio.ob10-q.html
Insgesamt ein sehr positiver Verlauf der sich auch spätestens Ende 2008/ Anfang 2009 bemerkbar machen sollte!
Im Jahresabschluss werden 2 Großaufträge in Zahlen auftauchen, die zum Halbjahr noch nicht erfasst wurden, da Baubeginn erst 20.8 war.
Diese werden sich eindeutig positiv auf die Bilanz auswirken. Desweiteren expandiert Marmion auch in anderen Bundesstaaten,....
Zur Zeit befindet sich das Unt. im Umbruch, der mit Kosten verbunden ist, jedoch sehe ich die Sache positiv, dass dies gelingt.