Friday, November 21, 2014 3:27:06 PM
TCA Global Master Credit on August 1, 2014, allows the Company to expand its operations through equipment purchases and acquisitions. The first acquisition under the line of credit was Crane Creek Trucking. This should add $1.5 million in annual revenues. By then end of the 4th quarter the Company expects to be utilizing 12 company units and 5 owner operators.
With funding available, the Company is planning another acquisition of an Iowa based trucking company that will develop additional annual revenues of $1.5 million.
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