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ErnieRee

03/18/13 8:51 AM

#394 RE: Adam718 #390

Hedge Starz

03/18/13 9:35 AM

#434 RE: Adam718 #390

Novagen $NOVZ Enters Agreement To Purchase Argon
NEW YORK, March 11, 2013 /PRNewswire/ -- Novagen Solar Inc. (NOVZ) today announced that on March 7, 2013, Novagen Solar Inc. through its wholly-owned subsidiary, Renegade Engine Company Pty Ltd., entered into a written agreement with Newscope Enterprises Pty Ltd. to acquire the business of Argon Aluminium, of Tweed Heads, NSW, Australia.
Argon Aluminium is a business that is well known locally and has been in the Tweed Heads South area of Australia for over 31 years. Argon Aluminium are specialists in the fabrication, manufacture and installation of aluminium, stainless steel, steel and glass fabricated products. With a core business specializing in balustrades, security fencing, industrial fabrication and bench work, there is a great deal of synergy between the business and the fabrication requirements of Renegade Engine Company.
Argon's success is based on their ability to supply to the local domestic market as well as larger projects that involve builders and architects. The business operates with a structured staffing of 12 which includes; an estimator, factory supervisor, project manager, tradespeople, administration and apprentices along with sub-contract installers.