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Re: terry_mathews post# 53005

Monday, 12/30/2013 10:04:41 PM

Monday, December 30, 2013 10:04:41 PM

Post# of 74540
Why Sell a Company with over $15 million in annual revenues

The acquisition of Trump Equipment will add 48 full-time employees to Hawk Manufacturing, and also add more than $15 million in annual revenues and EBITA of more than $2 million to Hawk Manufacturing.

Global Earth Energy, Inc.'s (OTCQB:GLER) partner HAWK MANUFACTURING INC. (HAWK) announces the acquisition of Trump Equipment Company, Inc. (TEC) of Texas (http://trumpequipment.com/). TEC is Hawk's first acquisition in oil services and will form the basis of a new oil services company that will service shale and other oil fields from the Utica shale to the Permian, Eagle Ford shale of Texas and the shale oil finds in Colorado, Wyoming and North Dakota. HAWK completed this TEC transaction as an equity transaction valuing Trump Equipment at $9.5 million.

TEC is a full service heavy truck and trailer company specializing in sales and leasing of used trucks, trailers such as lowboys, belly dumps, end dumps, vacuum trailers and vacuum pumps. The Company provides a full range of quality auxiliary spare parts and repair services for heavy trucks, trailers and forklifts of all types.

GLER reports that TEC has three locations to service the oilfield market in San Antonio, TX and Victoria, TX, as well as servicing the highway, construction and housing industries from the warehouse in New Braunfels, TX. TEC has been in business for over 20 years and has sold two thousand of trailers and completed thousands more service jobs.

The acquisition of Trump Equipment will add 48 full-time employees to Hawk Manufacturing, and also add more than $15 million in annual revenues and EBITA of more than $2 million to Hawk Manufacturing.

GLER further reports that HAWK added Mr. Michael J. Vincent to its Senior Management team. Mr. Vincent, the current President of Trump Equipment Company, will continue to run the daily operations of TEC and will help advise HAWK on future strategic acquisitions to this growing oilfield services business. Mr. Vincent has an MBA from Rice University in Houston and a Masters of Arts in Statistics from the University of Michigan.

HAWK reported to GLER that it is negotiating incentives at the state and local level that could total more than $17 million in tax incentives and other benefits

Hawk Manufacturing is a privately held corporation looking to complete a roll-up of the plastics and metals manufacturing industries. The objective of Hawk is to combine several metals and plastics fabrication businesses under a single operating company. Hawk has local and state governments' promises to support the company through tax incentives, training grants and other means to help Hercules and Hawk compete and create jobs in the global marketplace.

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