Undersea Resort Acquires Trinetics Group for $5 Million
Posted on: Tuesday, 30 January 2007, 15:00 CST
The Undersea Resort, trading under the symbol of CCAA, has acquired Trinetics Group for $5 million. For over two decades, Trinetics has satisfied the plastic welding needs of both major corporations as well as small businesses throughout the United States and abroad. Trinetics Group's Plastic & Metal welding systems are designed and built with the philosophy of providing the right equipment for the application. Allied Signal, Honeywell (HON), Dell Computer (DELL), Gateway Computer (GTW), IBM (IBM), Whirlpool (WHR), Cuno (MMM), and General Electric (GE) are just a few who have benefited from our experience and expertise.
Trinetics offers several lines of high-tech patented welding equipment, starting with standalone bench models to fully automatic assembly systems. We have research laboratories for prototyping product development. Trinetics is located Titusville, Florida, in the Space Port Industrial Park, which is in Foreign Trade Zone 136. We are located with several other companies who support NASA at the nearby Kennedy Space Center.
Trinetics Group has a very modern facility with all of the amenities to support your current and future products. As of today, Trinetics Group's total assets are $5 million. However, in the near-future, the assets could grow as high as $100 million. For further information about the Trinetics Group www.4tg.us acquisition, see the company's 8-KSB to be filed soon with EDGAR.
The Undersea Resort feels strongly that the Trinetics Group acquisition will add value during the construction of the Undersea ship. We are very pleased to have Mark Hofius as the President to continue leading the existing key management team.
About the Undersea Resort:
A leading company in the ocean leisure industry building the first Undersea resort and residences. The Undersea will bring a private floating island feeling to secluded offshore locations both tropical and metropolitan. The Undersea Resort trades under the stock symbol of CCAA. Please visit our company website at www.undersearesort.com
Source: Business Wire
Related Articles
- Centers for Disease Control Lifts Travel Health Warning for Mexico
- The Villa Group Honored by Expedia.com, Orbitz.com at Tianguis Turistico
- Euro Disney S.C.A. Reports 2009 First Half Results
- The Villa Group Informs on Mexico Travel Plans in Wake of Swine Flu Outbreak
- OpenAir Extends Market Lead as Top SaaS Professional Services Automation Solution for Salesforce.com Users
- Scales and Power in River Basin Management: the Chao Phraya River in Thailand1
- How the BSA Nets Piracy Suspects
- Thousands of South Korean Transport Workers on Strike
- Nature Downs Shutters on US$200 M Bid to Replicate Earth Ecosystem
 |
 |
User Comments (0)
RSS Feeds