LFWK - Truss and Wall-Panel Robotics Facilities Will Increase Niche Production 300% Over Current Segment in Canada
NASHVILLE, TN -- (MARKET WIRE) -- 04/13/06 -- LoftWerks, Inc. (OTC: LFWK) today announced
that its new post-merger owner, Sulja Bros. Specialty Building Materials,
Ltd., plans to construct and operate two automated, robotic-enhanced truss
manufacturing facilities in the markets of Kitchner, Toronto, Ontario in
Canada and in the Gulf Dale/Biloxi Mississippi area (both announced
previously as target niche markets by a company spokesman).
These operations will primarily supply the revitalization efforts in
Toronto and the commercial facilities rebuilding campaign in post-Katrina
Mississippi. The facilities basically automate and exact the process of
framing and skinned-wall fabrication off-site for an assembly process that
is less demanding in terms of committed resources at any given project
location. Sulja Bros. currently generates approximately $4-6M annually
from an identical process in Windsor, Ontario. The adjunct of the new
facilities is expected to increase these niche-specific revenues by three
hundred (300) percent within 24-36 months.
This contains forward-looking information within the meaning of The Private
Securities Litigation Act of 1995. Forward-looking statements may be
identified through the use of words such as "expects," "will,"
"anticipates," "estimates," "believes," or statements indicating certain
actions: "may," "could," "should" or "might occur." Such forward-looking
statements involve certain risks and uncertainties. The actual results may
differ materially from such forward-looking statements. The company does
not undertake to publicly update or revise its forward-looking statements
even if experience or future changes make it clear that any projected
results (expressed or implied) will not be realized.
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