MWWC about to announce a major contract.
Here is a great exerpt from the Jun 27 2011 PR.
Chuck Pinkerton states further: "We have expedited this expansion in light of our advanced negotiations with our new industrial clients, whose products will not only require oversized production lines, but also a large percentage of our production capacity. We expect to finalize the negotiations and begin with the start-up procedures soon. We will make another announcement about the substantial size of these new projects as soon as we commence with production.
It seems this new client is huge. It will take up alot of space already completed and this is what Mr. Pinkerton stated about adding more personnel:
"The increasing number of programs that have been awarded to us along with those still in negotiation for production to begin in the near and midterm future, have made this step necessary," states Chuck Pinkerton, the CEO of MWW Automotive. "Fortunately we have been preparing for this expansion for some time and have secured the necessary resources, such as the required equipment and skilled personnel far in advance. Accordingly, we are able to get this rather large expansion project up and running without having to spend significant resources and are able to commence production with a 2nd and if necessary 3rd production shift on a second production line quickly and when needed
This contract for MWWC is going to out shine the GM deal it seems since they have added to their existing facility.
Risking it all to obtain the reward, necessitates the motivation to succeed.
