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JoeSmith

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JoeSmith

Re: mystic krewe post# 64314

Monday, 05/12/2008 3:31:10 PM

Monday, May 12, 2008 3:31:10 PM

Post# of 107353
Buoyancy co. gets more buoyant
By Mainebiz news staff (05/12/08)

Flotation Technologies Inc., in Biddeford, has received a $5.5 million contract to build a custom-designed buoyancy "solution" for an unnamed international energy company.

The client and product are confidential due to the nature of the project, according to a press release from the company. Flotation Technologies designs and manufactures deepwater buoyancy and polyurethane elastomer systems.

On April 18, Houston-based Deep Down Inc. acquired Flotation Technologies in a stock deal estimated at $23 million.

http://www.mainebiz.biz/daily_stories.html?id=815



My posts are my opinions. Always dd to your own comfort level.


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