Vega Accepting Bids for Construction of Georgia Manufacturing Plant
LONDON, Nov. 2 /PRNewswire-FirstCall/ — VEGA PROMOTIONAL SYSTEMS, INC. (Pink OTC: VGPR) announced today it is accepting bids for the construction of its Georgia fuel pellet manufacturing plant.
The proposed 40,000 square foot manufacturing facility will be located in Tifton, Georgia and will manufacture energy efficient pellet fuel from organic waste bi-products located within the State.
The Company will capitalize on the abundance of biomass in Georgia’s Bioenergy Corridor and when completed, the new facility will have the capacity to produce several hundred thousand metric tons of biomass fuel pellets annually.
The State of Georgia ranks third in the nation as a potential source of renewable energy. The amount of privately owned forests in Georgia, more than any other state in the country, is the reason for the State’s ranking.
The Company recently announced it is seeking financial assistance from the State of Georgia to build its manufacturing plant. When complete, the facility will create nearly 200 direct or indirect green jobs and address state energy priorities to adopt emerging renewable energy and energy efficiency technologies.
Parties interested in bidding on the construction of the plant should visit the Company’s website at www.vegabiofuels.com for more information and to receive a detailed bid package.
The Company will announce additional details about the Georgia manufacturing plant as the project moves forward.
Certain statements in this release constitute forward-looking statements or statements which may be deemed or construed to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words “forecast,” “project,” “intend,” “expect” “should,” “would,” and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors which could cause the Company’s actual results, performance (finance or operating) or achievements to differ from future results, performance (financing and operating) or achievements expressed or implied by such forward-looking statements.
SOURCE Vega Promotional Systems, Inc.