Builder’s Choice Team joins Expo Holdings, Inc.
May 25 2010 - 3:45PM
Business Wire
Expo Holdings, Inc. (Pinksheets: EXPH - News), welcomes the
management, sales, design, and certain operational staff of
Builder’s Choice cabinets and countertops, Inc. (Builder’s
Choice).
Glenn Harrs, President, stated, “Builder’s Choice has always
been a tough competitor and we are pleased to welcome their team to
ours. Will is a great leader, and his award winning team is top
notch. Acquiring this team positions Expo as the preferred choice
in custom cabinetry.”
Will Hartley, President, Builder’s Choice, stated, “I am very
excited about the opportunity to join the Expo Team. My new
position as Senior V.P. Residential Sales, allows me to serve our
customers while being part of a larger effort. This is a amazing
opportunity for me to focus on sales, and step away from the day to
day requirements of owning and running a business.”
Builder’s Choice was the premier custom cabinet manufacturer in
North Carolina. They were listed in the nationwide “WOOD 100” of
TOP woodworking companies at 42 in 2007 (Wood & wood products
magazine). Additionally in 2007 Builders Choice was ranked at 2524
in Inc. Magazine’s 5000. Up to 22 employees may transition from
Builder’s Choice to Expo Holdings, Inc. or its subsidiaries. This
agreement doubles the company’s sales force, and based on initial
sales projections potentially doubles the company’s 2010 sales
opportunities.
Visit Builderschoicecabinets.com for more information about
Builders Choice.
The company and Builder’s Choice have been operating under a
strict non-disclosure agreement. The company would like to thank
its loyal shareholders for their support through this period
governed by our non-disclosure agreement. The company has assumed
no debt, any liability, or material obligations through this
agreement. This agreement was consummated in cash and restricted
common stock in the company.
The company is operating under additional non-disclosure
agreements regarding acquisition opportunities. The company views
acquisitions as an opportunity to grow sales, operational
capabilities, and secure experienced, high quality, associates. The
company will only report acquisitions after they occur, and will
offer no updates regarding acquisition candidates.
This release includes forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section
27E of the Securities Act of 1934. Statements contained in this
release that are not historical facts may be deemed to be
forward-looking statements. Investors are cautioned that
forward-looking statements are inherently uncertain. Actual
performance and results may differ materially from that projected
or suggested herein due to certain risks and uncertainties
including, without limitation, ability to obtain financing and
regulatory and shareholder approvals for anticipated actions.
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