It’s hard to believe that we are already well into the fall season. While many of us associate this time of the year with raking leaves and pumpkin pie, we in the global business community are reporting earnings for third quarter 2009. As such, we thought now would be a good time to give you a quick update on current events at Modean Industries.
In spite of conflicting reports about the economic recovery, Modean Industries, in cooperation with its affiliates and suppliers, is pleased to report positive performance to date. Presently, Modean Industries – partnering with Amiberica, Inc. and ITW Gema – is in the process of shipping a large powder system, unique in its performance capabilities, to the Kingdom of Saudi Arabia. Modean Industries and its affiliates have been very active in the Middle East; in particular the United Arab Emirates and the Kingdom of Saudi Arabia, and we are currently pursuing new business activities in North Africa and Lebanon.
On the home front, business opportunities here in the United States are emerging and providing a good foundation for 2010. Recently, Modean Industries completed several projects that we hope to deliver in this calendar year. We are also actively pursuing projects in cooperation with ITW Gema and have performed several customer-simulated tests at the ITW Gema facility in Indianapolis, Indiana.
We will continue to bring you news updates over the coming months. Look for our upcoming case study on aluminum extrusions to be published in November!
