Omni-Lite Industries receives new automotive contract
Omni-Lite Industries Canada Inc.
January 17, 2005
Omni-Lite Industries Canada Inc. has received a new contract in the automotive division, with deliveries to begin in May, 2005. "While initial orders are for the engineering and the first one million components, the company expects annual sales to be approximately $420,000 (U.S.) from this project," stated Paul Burkey, president and chief operating officer. "These components were developed from a special abrasion-resistant steel necessary to the function of modern diesel engines. As typical in the automotive sector, this program would normally continue for five to seven years."
Except for historical information contained herein this document contains forward-looking statements. These statements contain known and unknown risks and uncertainties that may cause the company's actual results or outcomes to be materially different from those anticipated and discussed herein.
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