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Omni-Lite Industries Canada Inc V.OML

Alternate Symbol(s):  OLNCF

Industrials
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

Omni-Lite Industries Canada Inc
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Comment by barackon Oct 01, 2013 1:58pm
198 Views
Post# 21781884

RE:RE:RE:RE:RE:Turning point today

RE:RE:RE:RE:RE:Turning point today
What should I make of this paragraph in todays release?

Of particular significance, the Company has delivered one of the U.S. military green rounds that have been under development for several years, to a new customer for final inspection. This customer has received an order from the military to be filled this year. In addition, Omni-Lite has almost completed the preproduction run of a second green round mentioned in a press release of August 20, 2013. It is expected that these components will be delivered to the military customer by Oct 4, 2013," stated Allen W. Maxin, President. "These deliveries mean that Omni-Lite has delivered the last two components of the eight military programs that it has been contracted to develop over the last several years."
Read more at https://www.stockhouse.com/News/Press-Releases/2013/10/01/Omni-Lite-Industries-announces-new-orders-and-updates-key-programs#yiG5g7XGQzCquvLH.99
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