Mr. Jean Paschini reports
ADF GROUP TO BUILD A SPECIALIZED PAINT SHOP AT ITS NEW SITE IN GREAT FALLS, MONTANA, U.S.A.
ADF Group Inc.'s
board of directors has approved plans for its U.S. subsidiary ADF
International Inc. to build a new 3,900-square-metre (42,000-square-foot) paint shop, adjacent to its new state-of-the-art fabrication plant in
Great Falls, Mont. This new building, including acquisition
of equipment, will require a $6-million (U.S.) investment. The corporation
will use its own funds to finance this new strategic investment.
Ground breaking on the construction of this new shop will start in late
March, 2014, with commissioning planned for September, 2014.
Jean Paschini, co-chairman of the board of directors and chief
executive officer, adds, "This new investment will provide both of our
fabrication plants, in Great Falls and Terrebonne, with another
competitive edge to effectively serve existing and new markets and to
expand ADF's client base in North America."
Results for the fiscal year ended Jan. 31, 2014
The corporation will publish the results for its fiscal year ended
Jan. 31, 2014, before market opens on April 10, 2014.
We seek Safe Harbor.
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