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Marmion Industries Corp Announces Updated Year to Date Revenues of 2.122 Million Wednesday December 14, 10:11 am ET
HOUSTON, Dec. 14 /PRNewswire-FirstCall/ -- Marmion Industries Corp (OTC Bulletin Board: MMIC - News) announced today year to date revenues of 2.122 million dollars for the current year far surpassing the previously projected goal of 30% growth. "With the increase in productivity and increased aggressive marketing we are seeing a more improved growth rate than previously expected," said W.H. Marmion, president of Marmion Industries Corp. "We are anticipating our current growth rate to continue over the next few years and this will require new facilities to be able to keep up with the demand. We have identified a couple of potential new facilities and are currently in negotiations at this time. We have been moving forward on the vendor approval for the Middle East and we expect to have this completed shortly. With the current agreements we have with Al Dunia in Kuwait for three million, the Mexico company for nine million and QE International in the Netherlands coming onboard we anticipate our production to skyrocket in the near term." ADVERTISEMENT
About Marmion Industries Corp
Marmion Industries Corp (http://www.marmionair.com ) is a specialty company that manufactures and markets explosion-proof air conditioners, refrigeration systems, chemical filtration systems and building pressurizers. The explosion-proof market encompasses industries including oil and gas exploration and production, chemical plants, graineries and fuel storage depots. Additionally there is significant demand for these systems anywhere sensitive computer systems and analyzation equipment is located. Recognized by the Texas Dept. of Licensing and Regulation (TACLA019367C) as a contractor in the field of Heating Ventilation and Air Conditioning, the Company commenced residential and commercial HVAC service operation in Texas in 1998 and has since provided specialty service to Fortune 500 clientele.
Safe Harbor for Forward-Looking Statements: Except for historical information contained herein the statements in this news release are forward- looking statements that involve risks and uncertainties and are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in the future periods to differ materially from forecasted results.
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