Ronn Motor Company (PINKSHEETS: RNNM) announces relocation to Houston, TX.
Ronn Motor Company announced today that it is moving its operations to Houston, TX within the next 30-60 days. The company will move its production and delivery capability to an area that has an enhanced distribution and logistical environment.
"As we begin in earnest the commercialization of our H2GO technology, it quickly became apparent the importance of access to proximate logistical support," said David McGee, CEO of Ronn Motor Company. "We believe the move to the Houston area best enables us to capitalize on the opportunity to produce a superior quality product for delivery to a national, and eventually, an international client base."
"The EDC appreciates the more focused direction of Ronn Motors and wishes them continued success as they move to a new production facility in Houston," said Christian Fletcher, Executive Director of Marble Falls Economic Development Corporation. "We were happy to provide incubational support, but we understand that the future success of Ronn Motor Company will require greater access to diverse logistical and distribution capabilities. We support their transition while we continue our commitment to creating an attractive, flexible business environment to support the economic development of Marble Falls."
Ronn Motor Company (PINKSHEETS: RNNM), is a technology-driven design, development and manufacturing company specializing in the creation and delivery of innovative green products and related technologies through green systems and green oriented engines for both transportation and fixed platforms, located in Houston, TX. For more information about Ronn Motor Company, please visit our Web site at www.ronnmotors.com
This release contains forward-looking statements that reflect Ronn Motor Company's (the "Company") plans and expectations. In this press release and related comments by Company management, words like "expect," "anticipate," "estimate," "forecast," "objective," "plan," "goal" and similar expressions are used to identify forward-looking statements, representing management's current judgment and expectations about possible future events. Management believes these forward-looking statements and the judgments upon which they are based to be reasonable, but they are not guarantees of future performance and involve numerous known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance, achievements or financial position to be materially different from any future results, performance, achievements or financial position expressed or implied by these forward-looking statements.
