Spectrum Sciences Announces Agreement to Acquire Inland Fabricators, LLC
[author:SPSC/ECON Investor Relations Public time:Apr 20, 2004] |
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Spectrum Sciences Announces Agreement to Acquire Inland Fabricators, LLC
Spectrum Sciences and Software Holdings Corp. (SPSC), highly focused on homeland security through the provision of full-service, quality solutions to complex and diverse government initiatives, announced today that it has executed a Letter of Intent to acquire Inland Fabricators, LLC, a Louisiana-based company engaged in large-scale pipe fabrication for government and private sector companies. The acquisition of Inland Fabricators, an approximate $5 million revenue company will provide Spectrum with revenues and pro-forma earnings. As well as significant government and private sector certifications, including ASME NQA-1-2000, a necessary precedent to nuclear construction. The two companies will also reap benefits of consolidation and a substantial number of strategic relationships. The acquisition is subject to customary due diligence conditions.
Full details at http://www.investorideas.com/Companies/ViewDocument.asp?ID=1813
Printed From:http://www.free-press-release.com/news/200404/1082478938.html
Source:Free Press Release
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Spectrum Sciences Announces Agreement to Acquire Inland Fabricators, LLC
[Apr 20, 2004]
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