Mr. James Bond reports
PRODUCT DISTRIBUTION COMMENCES FROM BONHAM, TEXAS
Kelso Technologies Inc. has opened its constant-forcepressure-relief valve assembly facility in Bonham, Tex. The newfacility is dedicated to the assembly, test and certification of up to4,000 valves per year. Production capacity can be scaled upward whennecessary in current facilities with limited additional investment.
Kelso now meets all vendor criteria established by the railway industryto supply new tank car production as well as the repair and retrofitsector of the market. The Bonham facility will commence commercialdistribution immediately, and production is fully booked for the nextthree months. New product orders are expected to grow steadilythroughout the year.
Mr. Neil Gambow, chief executive officer and president of the company'swholly owned subsidiary, Kelso Technologies (USA) Inc., comments: "Therailroad industry demonstrates confidence and support that the new Kelsowill become a reliable supplier of high-quality best-of-technologyproprietary products. Our products are unique, and address thechallenges of their stringent safety and environmental designspecifications. The company has secured its financial health, productliability insurance and adequate production capability to thesatisfaction of its customers. The new facility at Bonham hasestablished an initial production foundation for Kelso to grow itsreputation in the railroad industry and subsequently a meaningfulmultimillion dollar business."
We seek Safe Harbor.