NWTT.PK NASDAQ:PKOH Market Alert From DrStockPick.com.
July 31st, 2010![]()
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NW Tech Capital Inc., (NWTT.PK) is pleased to disclose the Canadian merger candidate, Bermal Contracting Ltd.
Bermal Contracting Inc. company excavates high quality ledge stone, used for landscaping. The unique stone found in the BC quarry is very popular among developers and is often used for rock walls, fireplaces, ponds, patios, house exteriors, fire pits, flower beds, stairs and walkways. The company has a miner licence and plans to invest in the necessary mining equipment.
The black flagstone stone found in the quarry is a favorite among customers, and Bermal is the only quarry to produce this color in the region. This stone is often used in the terrain surrounding swimming pools, because it doesn’t contain rust and will not stain.
Bermal Contracting’s dark grey and light grey ledge stone differ from the traditional rust brown stone. Soft lines and smooth textures of the ledge stone reflect the rugged feel of the mountains.
This quarry also hosts a deposit of light cobalt blue rock. A very valuable rock, it is becoming very popular for decorative flair. The rock is often crushed and used in driveways, dry flower beds and as accent pieces. The excavation of this rock will be explored in the future, once the company becomes established, and is certain to expand the company’s market base.
NWTT is completing negotiations with Bermal Contracting, and discussions are underway about merger logistics. Details about a definitive merger will be released shortly.
In other news, as part of the pre-merger negotiations, NWTT will build and launch new website with merger candidate information, and will formulate logistical solutions to effectively communicate with shareholders and future clients.
Park-Ohio Holdings Corp. (NASDAQ: PKOH) is a publicly held company that, through prudent investment strategies and long-term customer relationships with the majority of Fortune 100 companies, has achieved the #1 or #2 market position in more than 80% of our businesses, The #1 or #2 market position in more than 80% of our businesses, average tenure of on-going service to Top 50 customers in excess of six years and stable financial position with strong cash flows.
Since its founding, Park-Ohio Holdings Corp. and its subsidiaries have provided the strategic services and products the world’s leading manufacturers need to better and more efficiently build their own products.
Operating in two primary business areas, Supply Chain Management Services and Diversified Manufacturing, ParkOhio provides Total Supply Management™ solutions and highly engineered manufactured products to over 100 industry markets, from 80 company-owned locations in 16 countries.
With a customer base consisting of many of the Global 2000 infrastructure and business/personal/household products companies, the opportunities for growth are increasing for ParkOhio every day.
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