'Kingsley Coach Announces Record Sales for Quarter Ending September 30, 2000'.Business Editors MIDDLEBURG, Pa.--(BUSINESS WIRE)--Sept. 12, 2000 The Kingsley Coach, Inc. (OTC-BB:KNGS) announced today that sales are expected to exceed $1.25 million for the quarter ending September 30, 2000, by far Kingsley's largest quarterly sales in its five year history. The Company further announced that it currently has fourteen units in various levels of production and has an additional forty-eight units on back order. Terry Watkins, Kingsley's Chief Executive Officer, stated, "The Company is in a position where it can substantially increase its production each quarter throughout the next several quarters. Our order backlog gives us a great deal of flexibility in production planning Production planning The function of a manufacturing enterprise responsible for the efficient planning, scheduling, and coordination of all production activities. ." Kingsley Coach manufactures unique, high quality motorcoaches on heavy duty truck chasses. The unique design of the Kingsley Coach, with the engine in front, provides for several advantages over traditional rear engine units, including safety, durability, flexibility, and ease of service. The Kingsley product line is designed for both recreational and commercial use and is produced in conjunction with a manufacturing alliance at the Thor America plant in Middleburg, PA with Thor America, Inc., a Thor Industries Thor Industries, Inc. is a manufacturer of recreation vehicles and mid-sized commercial buses. History Thor Industries, Inc., was founded on August 29, 1980, when Wade F. B. Thompson and Peter B. Orthwein acquired Airstream. company, the second largest RV manufacturer in the USA. Terry Watkins added, "Our expanded marketing efforts, though still in a rather embryonic em·bry·on·ic or em·bry·on·al adj. Of, relating to, or being an embryo. Embryonic In the life cycle of the round worm, a very early life stage occurring within the uterus of the female round worm. stage, are showing very positive results. Strategically tapping into that market potential should insure Insure can mean:
For Information about the Company, contact: Investor Relations Investor relations The process by which the corporation communicates with its investors. Department: Tel: 570/837-7114; Fax: 570/837-7214. Kingsley's website is at www.kingsleycoach.com |
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