California Here We Come!
Chief Executive Officer, William R. Jones issued the following news release on the companyβs expansion to the west coast, 51ΑΤΖζ of California. Β βAfter much due diligence, we have settled on a green field site in Fontana, California, which is 40 miles east of downtown Los Angeles, in what is referred to as the βInLand Empireβ. This is a brand new 20,000 square foot building which will be built to our specifications on a 2.5 acre plot. Β We have been granted bank approval and placed the build contract December 1st. Β The entire project will cost $9 million which, of course, is a major leap of faith in current market conditions. Β Solar Manufacturing is currently building two new vacuum furnaces for this project, a 24 car bottom,which is a duplicate of one of our four furnaces in Hermitage, Pa, and a 6β horizontal general purpose / vacuum / carburizing furnace, a duplicate of one of our furnaces at 1983 Clearview Road, Souderton, Pa. Β There is much infra structure to install in this building, including a 3,000 KVA power supply and switch gear, 2000 GPM water cooling system, and all the piping for our nitrogen, argon, helium, and hydrogen process gases. Β The site will be complete with a 1,500 sq foot two story office building similar to our Souderton and Hermitage operations. Β Derek Dennis, President of 51ΑΤΖζ of California, has promised to be operational late summer 2010.