Acquisition Based Business Focused on Cabinetry and Countertops for Customers in the Western US. Projected Revenues of At Least $24 Million for 2021 Fiscal Year.
New Acquisitions Expected to Additionally Boost 2022 Fiscal Year Results.
Planned Up-listing to the NASDAQ Within Next 24 months.
Grand Opening of New Showroom for Davis Kitchens of Tucson, AZ.
Hiring of Chief Financial Officer Seasoned in Operating Public Companies and Executing M&A Strategies.
BREAKING NEWS:
NECA through its subsidiary Third Bench, is engaged with the development of the 300 acres Netflix production facility in Albuquerque, New Mexico.
Third Bench's commercial division, through its general contractor customer, is supplying millwork and related products to the development of the 300-acre Netflix Campus in Mesa Del Sol, an area in the Albuquerque metro. The Netlfix Campus is dedicated to the production operations for Netflix Studios.
Netflix began with the purchase of Albuquerque Studios, known for hits, Breaking Bad and Better Call Saul, in 2018 and announced a significant expansion in November 2020, the project is expected to be completed in 2023. The 300-acre expansion will create an estimated 1,000 production jobs and an additional $1 billion in production spending throughout the state.
"People will literally be thinking of Albuquerque as the home of Netflix Studios," Albuquerque Mayor Tim Keller said to KOB channel four.
Davis Kitchens takes pride in their sales support staff including their highly competent order department, administration and operations group, customer support representatives, and warehouse and delivery personnel. Every Davis Kitchens employee is encouraged to communicate fully and frequently with customers and with each other to assure timely and accurate completion of every job. See more at: [URL]https://www.daviskitchens-az.com/[/URL]
David Fair, NECA CEO, stated, "We are thrilled to add James' extensive experience and wealth of knowledge to the Third Bench executive team! We have known James as our long-time CPA and believe this a great opportunity to continue to build a strong operating company by including a well-known financial expert like James to the team!"
For more information on Third Bench Holdings (NECA) visit: [URL]https://thirdbench.com/[/URL]
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These news releases and postings may contain forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company’s current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies’ contracts, the companies’ liquidity position, the companies’ ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.
SOURCE: CorporateAds.com
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