M Line Holdings, Inc. Achieves Another Milestone-Ramps Up Manufacturing Capabilities and Diversifies Aerospace Product Lines ...
April 08 2014 - 8:32AM
M Line Holdings, Inc. (OTCQB:MLHC) ("M Line" or the "Company"), a
leading provider of products, assemblies and services to the
precision high tech segment of both the aerospace and medical
industries as well as a seller of high end pre-owned Japanese
Computer Numerically Controlled ("CNC") Equipment, announced today
that due to the influx of new business it is receiving, the Company
is ramping up the expansion of its manufacturing capabilities and
diversifying its aerospace product lines to meet demand now and
moving forward.
As a part of the expansion, M Line is in the process of adding
fully automated "Lights Out" manufacturing equipment to help
support the Company's production needs. In addition, M Line is
increasing its manufacturing staff, particularly the night shift,
by three to four people monthly.
Tony Anish M Line's COO stated, "The equipment that we are
adding will speed our manufacturing capabilities and give us more
opportunity for customer expansion. Over the next six to
twelve months, we expect to add more equipment, as well as replace
some of our older equipment with newer faster equipment, improving
our capability and profitability. "
Bruce Barren, M line's CEO, stated, "We're excited to ramp up
our manufacturing, equipment and staff, and diversify our product
line to accommodate demand and fuel continued business
growth. This will result in greater revenues and profits which
will continue to improve shareholder value. Over
the next couple of weeks, we plan to launch our new and improved
website as well as set the date for our first shareholder
conference call. Stay tuned!"
About M Line Holdings, Inc.
M Line Holdings, Inc. (OTCQB:MLHC). M Line
provides products and services to the precision high tech segment
of both the aerospace and medical industries as well as selling
high end pre-owned Japanese Computer Numerically Controlled ("CNC")
Equipment. Key customers of our group include Panasonic
Avionics, UTC Aerospace Systems, Beckman Coulter, BE
Aerospace and SIE (Structural Integrity
Engineering, Inc.). The Company is headquartered in
Tustin, California. For more information see our website at
http://www.mlineholdings.com/
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Safe Harbor and Informational Statement
This press release may contain forward-looking information
within the meaning of Section 21E of the Security Exchange Act of
1934, as amended (the Exchange Act), including all statements that
are not statement of historical fact regarding the intent, belief
or current expectations of the company, its directors or its
officers with respect to, among other things: (i) the company's
financing plans; (ii) trends affecting the company's financial
conditions or results of operations; (iii): the company's growth
strategy and operating strategy; and (iv) the declaration and
payment of dividends.
The words "may", "would", "will", "expect", "estimate",
"anticipate", "believe", "intend", and similar expressions and
variations thereof are intend to identify forward-looking
statements. Investors are cautioned that any such forward-looking
statement are not a guarantee of future of future performance and
involve risks and uncertainties, many of which are beyond the
company's ability to control, and that actual results may differ
materially from those projected in the forward-looking statements
as a result of various factors including the risk disclosed in the
company's statements and reports filed with the OTC Markets. The
Company claims the safe harbor provided by Section 21E(c) of the
Exchange Act for all forward-looking statements.
CONTACT: Investor Relations:
Howard Gostrand
info@amcapventures.com
305.918.7000
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