American Group - MOSS - Publishes First Photos of New Plant.Business Editors BOYNTON BEACH Boynton Beach, city (1990 pop. 46,194), Palm Beach co., SE Fla., on the Atlantic coast; inc. 1920. A major suburban area, it is also a beach resort and vegetable-shipping point. , Fla.--(BUSINESS WIRE)-Aug. 15, 2000--American Group, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :MOSS) through their wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , Lantana lantana (lăntā`nə): see verbena. lantana Any of more than 150 shrubs that make up the genus Lantana in the verbena family, native to the New World and African tropics. Peat and Soil, is constructing and shortly will be relocating to a new state-of-the-art soil blending plant in Homestead, Florida Homestead is a city in Miami-Dade County, Florida, United States nestled between Biscayne National Park to the east and Everglades National Park to the west. Homestead was incorporated in 1913 and is the second oldest city in Miami-Dade County next to the City of Miami. . Homestead, Florida is the hub of activity in the horticultural industry having the nation's largest concentration of commercial nurseries. The first photos of American Group's new soil blending plant in 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. have been released and are available on-line at: www.theamericangroupinc.com/ When completed, the new plant will produce more than five times the current capacity of custom blended soil mixes annually. The new soil blending plant is expected to have limitless capacity for the foreseeable future to service the immense $1.5 billion annual horticultural market both in the Homestead locality and throughout Florida. This new facility will be located within 20 minutes drive time of more than two-thirds of American Group's customers. The Company will then become the only soil supplier located directly within this Homestead market. This press 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 forgoing, 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 of MOSS to differ materially from these indicated by such forward-looking statements including the actual timing of the relocation of the new facility in Homestead. |
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion