Tomorrow's hot NASDAQ alert is Cemtrex, Inc. (NASDAQ: CETX).
CETX is a world leading diversified industrial and manufacturing company that provides a wide array of solutions to meet today's technology challenges.
CETX recently announced an exchange offer to acquire Key Tronic Corporation (KTCC). Let's take a further look at the Company below.
CETX is a world leading diversified industrial and manufacturing company that provides a wide array of solutions to meet today's technology challenges.
CETX recently announced an exchange offer to acquire Key Tronic Corporation (KTCC). Let's take a further look at the Company below.
Welcome to CETX
Cemtrex, Inc.
1. About CETX - Cemtrex, Inc.
Cemtrex Inc. (Nasdaq: CETX) is a world-leading diversified industrial and manufacturing company that provides a wide array of solutions to meet today’s technology challenges.
Cemtrex provides advanced custom engineered electronics design and manufacturing services, broad industrial contracting services for a wide variety of manufacturers, manufacturing logistics, environmental control and air filtration systems for industries and utilities, and emissions monitors for industrial processes.
Cemtrex Inc. (Nasdaq: CETX) is a world-leading diversified industrial and manufacturing company that provides a wide array of solutions to meet today’s technology challenges.Cemtrex provides advanced custom engineered electronics design and manufacturing services, broad industrial contracting services for a wide variety of manufacturers, manufacturing logistics, environmental control and air filtration systems for industries and utilities, and emissions monitors for industrial processes.
Cemtrex, through its subsidiaries, also provides a broad range of industrial services such as rigging, millwrighting, electrical & piping. The Company has vast experience in plant and equipment removal, relocation, and installation for a wide variety of original equipment manufacturers in the packaging, printing, manufacturing, processing, chemicals, and pharmaceutical industries. Additionally, the Company provides optical alignment and precise geometric installation of complex machinery. The Company also has vast transportation and storage capabilities to provide its clients with a turnkey solution for any industrial contracting services that they might require.
Cemtrex, Inc. (CETX) today announced an exchange offer to acquire Key Tronic Corporation (KTCC) by offering to exchange each outstanding share of common stock of Key Tronic for one share of Cemtrex common stock. The purpose of the offer is for Cemtrex to acquire control of, and ultimately the entire interest in, Key Tronic. This exchange offer is the first step in Cemtrex’s plan to acquire all of the outstanding shares of Key Tronic, which may not be completed through this offering and may be accomplished through one or more transactions following this offering.
Farmingdale, NY, Aug. 18, 2017 (GLOBE NEWSWIRE) -- Cemtrex Inc., (Nasdaq: CETX, CETXP, CETXW), a world-leading industrial and manufacturing company, is pleased to announce that it sees strong demand for its Electronic Manufacturing Services (EMS) Division. As of July 31, 2017, the company’s 52-week backlog was at $38 million up from $26 million a year ago which represents a nearly 50 percent annual increase. The $38 million backlog represents a record high for the company since it has been in the EMS business. The company expects to close on additional sales during the next 12 months as well.
Cemtrex Announces 46% Increase in Backlog for EMS Division From 2016 to $38 Million
Farmingdale, NY, Aug. 18, 2017 (GLOBE NEWSWIRE) -- Cemtrex Inc., (Nasdaq: CETX, CETXP, CETXW), a world-leading industrial and manufacturing company, is pleased to announce that it sees strong demand for its Electronic Manufacturing Services (EMS) Division. As of July 31, 2017, the company’s 52-week backlog was at $38 million up from $26 million a year ago which represents a nearly 50 percent annual increase. The $38 million backlog represents a record high for the company since it has been in the EMS business. The company expects to close on additional sales during the next 12 months as well.
No comments:
Post a Comment