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Omni-Lite Industries Canada Inc V.OML

Alternate Symbol(s):  OLNCF

Omni-Lite Industries Canada Inc. develops and manufactures mission-critical, precision components utilized by Fortune 100 companies in the aerospace, defense, industrial and energy industries. The Company has three business segments: forged, electronic and investment casting components. Its forged products business is conducted in Cerritos, California. Its electronics business is conducted in Nashua, New Hampshire, a value-added contract manufacturer of electronic components for electronic sensors serving the defense, aerospace, medical, and secure communications markets. Its investment castings business is conducted in Brampton, Ontario, where it manufactures ferrous, non-ferrous, and light-alloy investment castings of highly engineered, high-performance hardware and structural components for aerospace, defense, nuclear, and industrial applications. It has developed patented technologies for transferring products through multi-die machines with segmented tooling.


TSXV:OML - Post by User

Post by stevwdon Jun 28, 2000 12:39pm
184 Views
Post# 2129274

Latest update & contracts

Latest update & contractsI understand that things are going well and that at the AGM one contract was mentioned that was quite large $2-$3M USD ($.20/share USD) that was close. The company is on track to do 20 cents with the contracts in hand and this will add another 20 cents if I understand correctly. They are also getting very positive feedback from Volkswagen and they thought that they would have something by now but, as I understand it this is bigger than first thought....
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