Tarpon Industries Supplying Storage Racks for Cintas Corporation
March 15 2007 - 9:00AM
Business Wire
Tarpon Industries, Inc. (AMEX:TPO), a manufacturer and distributor
of structural and mechanical steel tubing and engineered steel
storage rack systems, today announced that the company is beginning
the second phase of shipping and installing storage racks for
Cintas Corporation�s archival storage center in Westchester, Ohio.
Multiple purchase orders make up the project which is valued at
$1.3 million. Cintas Corporation, headquartered in Cincinnati,
Ohio, designs, manufactures and implements corporate identity
uniform programs, and provides entrance mats, restroom supplies,
promotional products, first aid and safety products, fire
protection services and document management services for
approximately 700,000 businesses. Cintas operates 350 facilities in
the U.S. and Canada, including 14 manufacturing plants and seven
distribution centers that employ more than 32,000 people, and has
grown for 37 consecutive years, with fiscal 2006 sales of $3.40
billion. �Our SpaceRak� division continues to execute on our
strategy of targeting regional and national companies that require
custom-engineered products and first-class delivery, installation
and service,� said James W. Bradshaw, chairman and CEO of Tarpon.
�We are gaining traction with large national and regional accounts
that require trusted partners who can react quickly to their
business needs.� Tarpon Industries, Inc. Tarpon Industries, Inc.,
through its wholly owned subsidiaries within the United States and
Canada, manufactures and sells structural and mechanical steel
tubing and engineered steel storage rack systems. The company's
mission is to become a larger and more significant manufacturer and
distributor of structural and mechanical steel tubing, engineered
steel storage rack systems and related products. For more
information, please visit Tarpon's website at
http://www.tarponind.com. Forward-Looking Statements Certain
statements made by Tarpon in this presentation and other periodic
oral and written statements, including filings with the Securities
and Exchange Commission, are "forward-looking" statements within
the meaning of the Private Securities Litigation Reform Act of
1995. These forward-looking statements, as well as statements which
address operating performance, events or developments that we
believe or expect to occur in the future, including those that
discuss strategies, goals, outlook or other non-historical matters,
or which relate to future sales or earnings expectations, cost
savings, awarded sales, volume growth, earnings or a general belief
in our expectations of future operating results, are
forward-looking statements. The forward-looking statements are made
on the basis of management's assumptions and estimations. As a
result, there can be no guarantee or assurance that these
assumptions and expectations will in fact occur. The
forward-looking statements are subject to risks and uncertainties
that may cause actual results to materially differ from those
contained in the statements. Some, but not all of the risks,
include our ability to obtain future sales, our ability to
successfully integrate acquisitions, changes in worldwide economic
and political conditions, including adverse effects from terrorism
or related hostilities including increased costs, reduced
production or other factors, costs related to legal and
administrative matters, our ability to realize cost savings
expected, inefficiencies related to production that are greater
than anticipated, changes in technology and technological risks,
foreign currency fluctuations, increased fuel costs, increased
steel costs as it relates to our selling price, work stoppages and
strikes at our facilities and those of our customers, the presence
of downturns in customer markets where the company's goods and
services are sold, financial and business downturns of our
customers or vendors, and other factors, uncertainties, challenges,
and risks detailed in Tarpon's public filings with the Securities
and Exchange Commission. Tarpon does not intend or undertake any
obligation to update any forward-looking statements.
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