Ronn Motor Company Announces Signing of Long-Term Lease for New Headquarters
January 27 2012 - 2:00PM
Marketwired
Ronn Motor Company (PINKSHEETS: RNNM) announces the signing of a
long-term lease for its new headquarters located in the North
Houston, TX area.
Ronn Motor Company announced today that it has signed a
four-year lease for its new headquarters and production location in
the north Houston area. According to a previous announcement, last
December the company began moving its production and delivery
capability to an area with an enhanced distribution and logistical
environment.
The company has moved into a facility, which is part of a
60,000+ square foot industrial park that provides it immediate
access to over 21,000 square footage of production-ready
manufacturing and office space. The physical address is 410 South
Trade Center, Conroe, TX.
"This is another important step in further laying the foundation
for a world-class production capability to ensure we can mass
produce our H2Go units and meet our immediate and long-term sales
projections," said David McGee, CEO of Ronn Motor Company. "Since
becoming CEO, we have made it a priority to build an internal
culture, based on integrity and teamwork, that will meet and
hopefully exceed our shareholders' expectations. Signing this
long-term lease represents another significant step in moving our
entire operation into a location and atmosphere that supports the
building of a successful, global company."
Ronn Motor Company (PINKSHEETS: RNNM), located in Houston, TX,
is a technology-driven design, development and manufacturing
company specializing in the creation and delivery of innovative
green products and related technologies through green systems and
green-oriented engines for both transportation and fixed platforms.
For more information about Ronn Motor Company, please visit our
Website at www.ronnmotors.com
This release contains forward-looking statements that reflect
Ronn Motor Company's (the "Company") plans and expectations. In
this press release and related comments by Company management,
words such as "expect," "anticipate," "estimate," "forecast,"
"objective," "plan," "goal" and similar expressions are used to
identify forward-looking statements, representing management's
current judgment and expectations about possible future events.
Management believes these forward-looking statements and the
judgments upon which they are based are reasonable; however, they
are not guarantees of future performance and involve numerous known
and unknown risks, uncertainties and other factors that may cause
the Company's actual results, performance, achievements or
financial position to be materially different from any future
results, performance, achievements or financial position expressed
or implied by these forward-looking statements.
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