Conair Corp. (CNGA)

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$CNGA Conair Corporation Awarded a contractr for 2.25 million dollars
Press Release | 08/10/2020
Conair Corporation ( OTC: CNGA) has been awarded a contract for the installation of a state of the art Air Conditioning system for the United States Merchant Marine Academy loated in Kings Point, Long island New York.

"We're very pleased to be awarded this contract in this time of business difficulty and strain on the U.S. government," stated Mr. Barry Stransky, President of Conair Corporation.

In addition, Mr. Stransky has highlighted that the service bisiness for Conair has seen the highest growth of sales in the last three months over from the last five years.

"I'm fairly confident, without making a foward claim, but, it appears that Conair will be profitable going into it final quarter of it fiscal year."

"The business environment has been very caustic , at best, and many customers have gone out of business," stated Mr. Stransky. But, what Conair has experienced is a revival of older customers who have relied on Conair previously, in addition to the numerous new customers who have inundated Conair with new work," as stated by Barry Stransky.