8-K filing on 04/09/2013: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9214396
|Mark N. Schwartz ||Chairman |
On April 9, 2013, HDI Plastics, Inc. ( " HDIP " ), a wholly-owned subsidiary of the Registrant announced it had commenced pro cessing operations at a leased facility located at 601 West Second Street, Taylor, Texas. Taylor is located near Austin, Texas. HDIP expects that it will gradually return to regular operations on a single shift and , provided that both the supply of material and demand for HDIP ' s production exists, the Company expects to increase production levels over time. The Taylor facility consists of approximately 65,000 square feet of production and operations space and a pproximately 20,000 square feet of additional storage. The Registrant previously disclosed that on March 29, 2 012 it had ceased operations and closed its Austin, Texas production facility and was seeking to relocate its processing operations .
Company has 3 FDA approved products
HDII Products: http://www.hypertensiondiagnostics.com/products.htm
New Subsidiary opened very recently
Recent news and new company website:
Mar 13, 2013, 11:15am CDT
HDI Plastics opens facility, brings 45 jobs to Taylor
Austin Business Journal
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HDI Plastics Inc. has opened a facility in Taylor at 601 W. Second St. in the former Taylor Bedding facility.
The new facility will create 45 new primary jobs in the community and more than $800,000 in tax revenues, the Taylor Economic Development Corp. said.
HDI Plastics processes thermoplastic waste materials into reusable resin, which is sold to plastics manufacturers.
The company's corporate headquarters are in Minnetonka, Minn."
Revenue $3.5 million + / Year http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8841834