ARMLOGI ANNOUNCES STRATEGIC PARTNERSHIP WITH MASSIMO GROUP TO ENHANCE VEHICLE ASSEMBLY AND DISTRIBUTION
June 11 2024 - 4:05PM
Armlogi Holding Corp. (“Armlogi” or the “Company”) (Nasdaq: BTOC),
a U.S.-based warehousing and logistics service provider that offers
a comprehensive package of supply-chain solutions related to
warehouse management and order fulfillment, today announced a
strategic partnership with Massimo Group (NASDAQ: MAMO), a
manufacturer and distributor of powersports vehicles and pontoon
boats. The goal of this collaboration will be to maximize the
operational capabilities of both companies by optimizing the
delivery, assembly, and distribution of vehicle components closer
to their final destinations.
Massimo Group (“Massimo”), based in Garland, TX,
is a manufacturer and distributor of powersports vehicles and
pontoon boats. Massimo’s product lines include a wide selection of
farm and ranch-tested utility terrain vehicles (“UTVs”),
recreational all-terrain vehicles (“ATVs”), and Americana style
mini-bikes.
Under the terms of the agreement, Armlogi will
manage the reception of container shipments containing Massimo’s
vehicle kits from Asian suppliers. Armlogi will provide access to
its facilities located throughout the U.S., which are equipped with
technology and specialized equipment necessary for handling and
storing large and bulky items, adhering to ISO 9001 industry
standards. Massimo will conduct vehicle assembly within Armlogi’s
warehouses, while Armlogi will oversee inventory management,
storage services, and the logistics required for delivering the
assembled vehicles to their final order destinations across the
United States.
“We are excited to partner with Massimo Group, a
manufacturer and distributor of powersports vehicles and pontoons,
to optimize the efficiency of their supply chain from the ground
up,” said Aidy Chou, Chairman and CEO of Armlogi. “This partnership
is a great example of our ability to leverage our advanced
logistics capabilities to support the growth and scalability of our
clients. By bringing together our warehousing solutions with
Massimo’s production needs, we hope to enhance Massimo’s customer
satisfaction and accelerate their delivery processes across key
markets. We look forward to a fruitful collaboration.”
About Massimo Group Massimo
Group (NASDAQ: MAMO) is a manufacturer and distributor of
powersports vehicles and pontoon boats. The company’s product lines
include a wide selection of farm and ranch-tested utility UTVs,
recreational ATVs, and Americanastyle mini-bikes. Massimo
manufactures and sells pontoon and tritoon boats with a dedication
to innovative design, quality craftsmanship, and great customer
service. Massimo is also developing electric versions of UTVs,
golf-carts and pontoon boats. The company’s 286,000 square foot
factory is in the heart of the Dallas / Fort Worth area of Texas in
the city of Garland. All information about Massimo Group has been
reviewed and approved by Massimo Group. For more information, visit
massimomotor.com and massimomarine.com.
About Armlogi Holding Corp.
Armlogi Holding Corp., based in Walnut, CA, is a
fast-growing U.S.-based warehousing and logistics service provider
that offers a comprehensive package of supply-chain solutions
relating to warehouse management and order fulfillment. The Company
caters to cross-border e-commerce merchants looking to establish
overseas warehouses in the U.S. market. With eleven warehouses
covering over two million square feet, the Company offers
comprehensive one-stop warehousing and logistics services. The
Company’s warehouses are equipped with facilities and technology
for handling and storing large and bulky items. For more
information, please visit www.armlogi.com.
Safe Harbor StatementThis press
release contains forward-looking statements. In addition, from time
to time, we or our representatives may make forward-looking
statements orally or in writing. We base these forward-looking
statements on our expectations and projections about future events,
which we derive from the information currently available to us.
Such forward-looking statements relate to future events or our
future performance, including: our financial performance and
projections; our growth in revenue and earnings; and our business
prospects and opportunities. You can identify forward-looking
statements by those that are not historical in nature, particularly
those that use terminology such as “may,” “should,” “expects,”
“anticipates,” “contemplates,” “estimates,” “believes,” “plans,”
“projected,” “predicts,” “potential,” or “hopes” or the negative of
these or similar terms. In evaluating these forward-looking
statements, you should consider various factors, including: our
ability to change the direction of the Company; our ability to keep
pace with new technology and changing market needs; and the
competitive environment of our business. These and other factors
may cause our actual results to differ materially from any
forward-looking statement. Forward-looking statements are only
predictions. We are not obligated to publicly update or revise any
forward-looking statement, whether as a result of uncertainties and
assumptions. The forward-looking events discussed in this press
release and other statements made from time to time by us or our
representatives, may not occur, and actual events and results may
differ materially and are subject to risks, uncertainties, and
assumptions about us.
Company
Contact:info@armlogi.com
Investor Relations
Contact:Matthew Abenante, IRCPresidentStrategic Investor
Relations, LLC Tel: 347-947-2093Email: matthew@strategic-ir.com
Amlogi (NASDAQ:BTOC)
Historical Stock Chart
From Nov 2024 to Dec 2024
Amlogi (NASDAQ:BTOC)
Historical Stock Chart
From Dec 2023 to Dec 2024