Genesys Industries Purchase New CNC Machine Tool to Support Customer Orders
Company Spokesperson, commented: "This is an additional purchase of advanced manufacturing equipment at our Florida facility which will allow the company to support its ever growing customer list. We are quietly executing our strategy in building out the necessary infrastructure to support our new and existing customers."
The financing of this purchase will be provided in part by TCP term loan and partially by a new commercial bank loan. TCP, is an entity controlled by the Company's sole officer and largest stockholder. TCP continues to assist the company with its short term capital needs at very favorable terms. Genesys Industries is grateful to TCP and its management for supporting the company since inception.
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