InvestorsHub Logo

homeruntrader

08/30/08 4:04 PM

#1205 RE: RichieBoy #1204

Maybe they are not at that exact location in your picture richieboy. It says 98,000 plus feet with 10 acres of land so that means they could build the tpe plant on it maybe. From the news it says nuggets and then finer grade granules which I think is considered crumb rubber. So presumably down the road they would then move to tpe?


Magnum will soon begin fulfilling its open contracts by first producing nuggets, and then shift into production of finer grade rubber granules as it brings additional equipment on-line. Furthermore, the company will be able to produce pure crumb rubber, and ultra fine rubber powders from the facility later this year or early next year.

To view recent photos of the equipment and the Magog facility here
http://016aa3c.netsolhost.com//MAGOGMDOR1.jpg ,
http://016aa3c.netsolhost.com//MAGOGMDOR2.jpg ,
http://016aa3c.netsolhost.com//MAGOGMDOR3.jpg ,
http://016aa3c.netsolhost.com//MAGOGMDOR4.jpg ,
http://016aa3c.netsolhost.com//MAGOGMDOR5.jpg ,
http://016aa3c.netsolhost.com//MAGOGMDOR5.jpg



Magnum's Magog Facility:

Magog is a well known rubber and plastics epicenter that is located in the Estrie region of Quebec and in the MRC Memphremagog. It benefits from an exceptional geographic location since it is situated on the Canadian-American border. Located at 2035 Rene-Patenaude Magog (Quebec), J1X 7J2 is comprised of a 98,000+ sq ft mixed use building located within the Technology Center of Magog, Canada on approximately 10 acres of land.

Recent pictures of the Facility:
http://016aa3c.netsolhost.com/GDX-Pic1.gif ,
http://016aa3c.netsolhost.com/GDX-Pic2.gif ,
http://016aa3c.netsolhost.com/GDX-Pic3.gif ,
http://016aa3c.netsolhost.com/90000.jpg