Replies to post #22908 on Service Team Inc (SVTE)

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Service Team Inc. Expands Production Capacity

VILLA PARK, CA / ACCESSWIRE / July 5, 2017 / Robert L. Cashman, President of Service Team, Inc. (OTC PINK: SVTE) announced that Service Team Inc. has purchased the assets of an operating machine shop. This includes two lathes, two Bridgeport mills, two band saws, a belt sander, grinders and other miscellaneous machines. The lathes and mills come complete with extensive tooling. Also included in this purchase is a scissors lift and a forklift as well as various office furniture.

This acquisition will allow Service Team, Inc. to increase its production capacity. The Company anticipates sales of $3,415,000 by its fiscal year end August 31, 2017. This compares with sales of $2,611,766 in fiscal year 2016, an increase of (24%) twenty-four percent.

About Service Team Inc:

Service Team Inc is a fully reporting public company with its stock listed on the OTC PINK using the symbol SVTE. The Company, dba Delta Stag, is a manufacturer of commercial truck bodies and truck parts in the Southern California area. Service Team Inc acquired 100% of Delta Stag in June of 2013, and since that time has maintained a sustained growth of more than twenty percent (20%) per year.