Tuesday, August 15, 2017 10:51:25 AM
VILLA PARK, CA / ACCESSWIRE / July 5, 2017 / Robert L. Cashman, President of Service Team, Inc. (OTC PINK: SVTE) announced that Service Team Inc. has purchased the assets of an operating machine shop. This includes two lathes, two Bridgeport mills, two band saws, a belt sander, grinders and other miscellaneous machines. The lathes and mills come complete with extensive tooling. Also included in this purchase is a scissors lift and a forklift as well as various office furniture.
This acquisition will allow Service Team, Inc. to increase its production capacity. The Company anticipates sales of $3,415,000 by its fiscal year end August
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