Printer Friendly

S.O.I INDUSTRIES, INC. SUBSIDIARY IN MAJOR EXPANSION

 S.O.I INDUSTRIES, INC. SUBSIDIARY IN MAJOR EXPANSION
 HIALEAH, Fla., March 25 /PRNewswire/ -- S.O.I. Industries, Inc.


(NASDAQ: LAMP) says its Magnetech Corporation subsidiary will build a new high-speed video tape duplicating facility in Indianapolis. The company plans to invest $1.5-$2 million initially in the new facility which will utilize the latest state-of-the-art high speed Sony duplicating equipment and fully automated packaging equipment. The Indianapolis location was chosen for the new plant as a result of recent successful negotiations with POLYGRAM, the world's third largest record company with 1991 sales of $3.7 billion. Magnetech will service POLYGRAM's high-speed video duplicating requirements.
 -0- 3/25/92
 /CONTACT: Donald E. Courtney of S.O.I Industries, Inc., 305-791-6711/
 (LAMP) CO: S.O.I Industries, Inc. ST: Florida IN: HOU SU:


SS-XX -- FL003 -- 1437 03/25/92 10:23 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Mar 25, 1992
Words:142
Previous Article:EMERY WORLDWIDE LAUNCHES DEDICATED OVERNIGHT HEAVYWEIGHT CARGO SERVICE BETWEEN HALIFAX, NOVA SCOTIA UNITED STATES
Next Article:INDEPENDENCE BLUE CROSS NAMES CARROLL, FINLEY AND MORRIS TO ITS BOARD OF DIRECTORS
Topics:


Related Articles
S.O.I. INDUSTRIES MOVES TO THE AMERICAN STOCK EXCHANGE; COMPANY PREVIOUSLY TRADED ON NASDAQ
S.O.I. INDUSTRIES, INC. SUBSIDIARY RECEIVES $10 MILLION COMMITMENTS OF NEW ORDERS
S.O.I. INDUSTRIES, INC. SUBSIDIARY PROJECTS MAJOR TURNAROUND
/C O R R E C T I O N -- S.O.I. INDUSTRIES, INC./(Correction Notice)
S.O.I. INDUSTRIES, INC. ANNOUNCES AGREEMENT TO SELL ITS TEMPO LIGHTING, INC. SUBSIDIARY
S.O.I. INDUSTRIES, INC. COMPLETES SALE OF SUBSIDIARY
S.O.I. INDUSTRIES, INC. SUBSIDIARY UNIONIZED
S.O.I. Industries, Inc. Sells Subsidiary
S.O.I. Industries, Inc. Forms New Subsidiary
S.O.I. Industries, Inc. Announces Year-End Results

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters