American Group: Plant Opens, Expected Media Coverage Begins.Business Editors MIAMI--(BUSINESS WIRE)--Aug. 13, 2002 Agro Soils, the American Group, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AMCG AMCG Applied Modelling and Computation Group (UK) AMCG Aviation Management Consulting Group AMCG Área Metropolitana de la Ciudad de Guatemala (Spanish: Metropolitan area of the City of Guatemala) ) subsidiary, was featured on the front page of the August 8 Business section of the Miami Herald. http://www.miami.com/mld/miami/business/3819468.htm Agro Soils is a processor and distributor of custom blended soil mixes to wholesale nurseries. Agro recently opened a state-of-the-art soil-blending plant in Miami-Dade County (Homestead Homestead. 1 City (1990 pop. 26,866), Dade co., SE Fla.; inc. 1913. A large Miami suburb with a growing Hispanic population, Homestead is a trade center for the redland district, known for its many varieties of citrus and other fruits and vegetables. ) Florida, which has attracted the attention of the media. There is interest in the Agro Soils plant because: - Florida's nurseries lead the nation in sales of potted pot·ted adj. 1. a. Placed in a pot. b. Grown in a pot: many potted plants in the study. 2. Preserved in a pot, can, or jar. 3. Slang a. and hanging plants - Miami-Dade County nurseries (the hub of which is Homestead) account for a majority of the horticultural industry total sales in Florida, which have reportedly topped $1.5 billion in recent years - The new Agro Soils plant is located on the north side of Homestead in the heart of this booming market within a 20-minute drive of many of Agro's customers - The plant's choice positioning allows Agro Soils delivery vehicles ready access to I-75, US 27, the Florida Turnpike turnpike, road paid for partly or wholly by fees collected from travelers at tollgates. It derives its name from the hinged bar that prevented passage through such a gate until the toll was paid. See also road. and US 41 when delivering to customers outside the area, and easy expansion to other markets in Florida - The new plant receives their supply of Canadian sphagnum sphagnum (sfăg`nəm) or peat moss, any species of the large and widely distributed genus Sphagnum, economically the most valuable moss. peat moss from the CSX CSX Chessie Seaboard Multiplier (railroad transportation company) CSX Cayman Islands Stock Exchange CSX Changsha, China (Airport Code) CSX Cardiac-Specific Homeobox CSX Seaboard Coastline Railroad rail line adjacent to the Agro Soils facility Agro Soils expects increased sales operating from the new plant. Information about the Company and its new state-of-the-art soil-blending plant can be seen at http://www.theamericangroupinc.com This news release contains or incorporates by reference "forward-looking" statements, including certain information with respect to plans and strategies of American Group, Inc. For this purpose, any statements contained herein or incorporated herein by reference that are not statements of historical facts may be deemed to be forward-looking statements. Without limiting the foregoing, the words "believe(s)," "anticipate(s)," "plan(s)," "expect(s)," and similar expressions are intended to identify forward-looking statements. There are a number of important factors that could cause actual events or actual results to differ materially from these indicated by such forward-looking statements. |
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