Deer Valley Homebuilders, Inc. Opens New Plant.GUIN, Ala. -- Deer Valley Deer Valley is an alpine ski resort in the Wasatch Range in the Park City area of northern Utah. Deer Valley is for skiers only, as it prohibits snowboarding. During the 2002 Winter Olympics Deer Valley hosted the freestyle moguls and aerial, and alpine slalom events. Homebuilders, Inc. ("Deer Valley"), a 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. of Cytation Corporation ("Cytation"), a publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CYON) today announced the beginning of operations at the Deer Valley's newest manufacturing facility in Sulligent, Alabama Sulligent is a city in Lamar County, Alabama, United States. As of the 2000 census, the population of the city is 2,151. The name is derived from railroad personae. History . The new plant will add 70,000 square feet of manufacturing space and will create over 100 new jobs in Lamar and Marion Counties. The Sulligent plant will produce selected models from within Deer Valley's current premier product line. The Deer Valley headquarters plant in nearby Guin, Alabama This article appears to contradict another article. Please see discussion on the linked talk page.
Guin is a city in Marion County, Alabama, United States. will continue to produce the full product line. Since the introduction of its line of high quality, "heavy built" homes in the spring of 2004, the demand for Deer Valley's products has grown dramatically. Charles G. Masters, the CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Deer Valley's parent company, Cytation Corp., says, "The addition of the new Sulligent Plant will help us keep up with the ever increasing demand." According to Joel S. Logan, the President of Deer Valley, "We have been able to bring to the market a high quality manufactured home that is exceptionally well built and 'feels' to the homeowner exactly like a site-built house of similar size. With either eight or nine foot minimum ceiling heights, oak cabinets, stainless steel stainless steel: see steel. stainless steel Any of a family of alloy steels usually containing 10–30% chromium. The presence of chromium, together with low carbon content, gives remarkable resistance to corrosion and heat. kitchen appliances and finished sheet rock interior walls, our products are permanent homes." Chet Murphree, Vice President, commented that, "The demand for Deer Valley homes has allowed us to be selective in our dealer organization. The result is that the people who are buying and living in Deer Valley homes not only get one of the finest houses that can be bought for the money, but they deal directly with dealers who are equally dedicated to seeing the finished homes satisfactorily in place." Joel Logan's favorite theme is, "People are the Deer Valley difference! Our customers, dealers, suppliers, production crews, service staff, and behind the scenes administrative staff! At Deer Valley, we don't build houses, we build homes!" Additional information regarding Deer Valley Homebuilders, Inc. can be found at http://www.deervalleyhb.com. Forward-Looking Statement forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. Except for factual statements made herein, the information contained in this press release consists of forward-looking statements that involve risks and uncertainties, including the effect of changing economic conditions, competition within the manufactured home industry, customer acceptance of products and other risks and uncertainties. Such forward-looking statements are not guarantees of performance, and Cytation and Deer Valley results could differ materially from those contained in such statements. These forward-looking statements speak only as of the date of this release, and Cytation and Deer Valley undertake no obligation to publicly update any forward-looking statements to reflect new information, events or circumstances after the date of this release. |
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