California Here We Come!
Chief Executive Officer, William R. Jones issued the following news release on the company鈥檚 expansion to the west coast, 麻豆国产精品 of California. 聽鈥淎fter much due diligence, we have settled on a green field site in Fontana, California, which is 40 miles east of downtown Los Angeles, in what is referred to as the 鈥淚nLand Empire鈥�. This is a brand new 20,000 square foot building which will be built to our specifications on a 2.5 acre plot. 聽We have been granted bank approval and placed the build contract December 1st. 聽The entire project will cost $9 million which, of course, is a major leap of faith in current market conditions. 聽Solar Manufacturing is currently building two new vacuum furnaces for this project, a 24 car bottom,which is a duplicate of one of our four furnaces in Hermitage, Pa, and a 6鈥� horizontal general purpose / vacuum / carburizing furnace, a duplicate of one of our furnaces at 1983 Clearview Road, Souderton, Pa. 聽There is much infra structure to install in this building, including a 3,000 KVA power supply and switch gear, 2000 GPM water cooling system, and all the piping for our nitrogen, argon, helium, and hydrogen process gases. 聽The site will be complete with a 1,500 sq foot two story office building similar to our Souderton and Hermitage operations. 聽Derek Dennis, President of 麻豆国产精品 of California, has promised to be operational late summer 2010.