Beacon Redevelopment Industrial Corporation Accepts Bid for the Salvage Operations of its Westmoreland Glass Site
2008年9月19日 - 2:32PM
PRニュース・ワイアー (英語)
NORTH HUNTINGDON, Pa., Sept. 19 /PRNewswire-FirstCall/ -- Beacon
Redevelopment Industrial Corporation (OTC:BCND) today announced
that they have received and agreed to a winning bid for the
dismantling and salvage of its Westmoreland glass property. The
company has accepted a bid and now has its corporate attorneys
reviewing said company's bid for financial ability, proper
insurances and licensing requirements. If all is in order, the
company will execute all the required formal contracts immediately
and announce the terms and winning bidder early next week. "I am
relieved that this process is over as it took longer then expected,
as in any business process while being the head of this company it
is my responsibility to get the best deal possible and this was a
long battle. At the end of the day I believe we received the most
money possible and I am proud of my team's hard work and look
forward to the next deal," said Adam Marek, President & CEO.
About Beacon Redevelopment Industrial Corporation: Beacon
specializes in acquiring undervalued properties that offer the
potential for above average return on investment along with
multiple assets and development ability at distressed prices, the
properties must offer recyclable/salvageable materials along with
the potential for redevelopment and or desirable development
potential; the company also seeks along with the above for
mentioned, properties that have the possibility for governmental
grants, tax rebates or deferments as part of their criteria for
acquisition. Please visit the company's website at
http://www.beaconredevelopment.com/ for all the latest information
and updates. This press release contains certain forward-looking
statements. All forward-looking statements in this press release
are based on information available to the company as of the date
hereof, and the company undertakes no obligation to update
forward-looking statements to reflect events or circumstances
occurring after the date of this press release. DATASOURCE: Beacon
Redevelopment Industrial Corporation CONTACT: Adam Marek of Beacon
Redevelopment Industrial Corporation, +1-724-871-7458, Web site:
http://www.beaconredevelopment.com/
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