Ginsite Materials, Inc. Moves Into State-Of-The-Art Production Facility; Announces Start of Production for its Coating Material.FORT LAUDERDALE Fort Lauderdale (lô`dərdāl), residential, commercial, and resort city (1990 pop. 149,377), seat of Broward co., SE Fla., on the Atlantic coast; settled around a fort built (c.1837) in the Seminole War, inc. 1911. , Fla.--(BUSINESS WIRE)--May 18, 1998--Ginsite Materials, Inc. of Fort Lauderdale, FL, (GSIT:OTC/BB) announces its relocation RELOCATION, Scotch law, contracts. To let again to renew a lease, is called a relocation. 2. When a tenant holds over after the expiration of his lease, with the consent of his landlord, this will amount to a relocation. to a custom-designed, 12,500-square-foot manufacturing facility in Plantation Plantation, city (1990 pop. 66,692), Broward co., SE Fla., a residential suburb of Fort Lauderdale; inc. 1953. The city has grown rapidly along with the development of S Florida. , FL. The move was prompted by the need to accommodate its growing number of orders and enhance production capabilities. The new facility, which already houses two new mixers, has been operational and producing Ginsite's coating and sealing material Noun 1. sealing material - any substance used to seal joints or fill cracks in a porous surface material, stuff - the tangible substance that goes into the makeup of a physical object; "coal is a hard black material"; "wheat is the stuff they use to make bread" since May 11. Two additional mixers will be added in June and two more (for a total of six) are scheduled to be up and running by the end of July. Facility renovations are currently underway to facilitate future anticipated production growth. Hank hank n. 1. A coil or loop. 2. Nautical A ring on a stay attached to the head of a jib or staysail. 3. A looped bundle, as of yarn. Lione, chief operations officer for Ginsite, stated, "With six fully functional, state-of-the-art mixers running by the end of July, we anticipate producing up to 10,000 gallons per day. At this level, we expect our revenues to far exceed all of our 1998 and 1999." Ginsite Materials, Inc. is currently negotiating several domestic and international licensing agreements, distribution agreements and purchase orders for its patent-pending coating material coating material, n a biologically acceptable, usually porous nonmetal applied over the surface of a metallic implant with the expectation that tissue ingrowth will occur in the pores. Often a carbon polymer or ceramic substance. for the construction and marine industries. Ginsite Materials, Inc. has created the material formulation to solve a critical worldwide environmental and housing need. Inspired by the goals of ending deforestation deforestation Process of clearing forests. Rates of deforestation are particularly high in the tropics, where the poor quality of the soil has led to the practice of routine clear-cutting to make new soil available for agricultural use. and providing shelter to families in third-world countries, the company has manufactured a high-quality, affordable building and coating material. The Ginsite formulation is four times stronger and four times lighter than concrete blocks and friendly to all environments. Its versatility and adaptability immediately opened the doors to countless lucrative opportunities in the construction, roofing, and marine industries. Specific uses for Ginsite include enhancing concrete and wood products such as driveways, pools, boats and more. For Information Contact: Hank Lione at 954/321-9616, Ginsite Materials. CONTACT: Ginsite Materials, Fort Lauderdale Hank Lione at 954/321-9616 |
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