Beacon Redevelopment Industrial Corporation (BCND)

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Beacon Redevelopment Will Announce Winning Bid for its Westmoreland Property Demolition/Salvage Operation and Requests That All Bidders Must Submit Final Bids by Thursday August 28, 2008 5PM Eastern Daylight Time
Aug 19, 2008 10:04:00 AM
View Additional ProfilesNORTH HUNTINGDON, Pa., Aug 19 /PRNewswire-FirstCall/ -- Beacon Redevelopment Industrial Corporation (Pink Sheets: BCND) today announced that it will announce the winning bidder for the demolition and salvage operation of its Westmoreland PA property by Friday August 29, 2008.

The company has given approximately one extra week to allow the larger then anticipated number of bidders to comply. Everyone who is interested in submitting a bid is requested to do so no later then Thursday August 28, 2008 by 5PM Eastern daylight time with no exceptions as the bids will be reviewed with the winner being announced on Friday August 29, 2008 no later then 3PM Eastern daylight time.

"The company is looking forward towards awarding the job to the highest bidder and getting this project moving along; the company believes that it will receive a very significant windfall from this bidding process. We are already in the process of development ideas with planners and architects for the property and are looking forward towards the start of development for this site," said Mr. Adam Merek, President