TORONTO, ONTARIO--(Marketwired - March 1, 2016) - Augusta Industries Inc. (the "Corporation") (TSX VENTURE:AAO) is pleased to announce that its wholly owned subsidiary, Marcon International Inc. ("Marcon"), has entered into various agreements with various departments of the United States government for the supply of instrumentation and equipment. The aggregate value of the agreements signed in February is $196,839 and the current value of Macron's backlog is $963,707.32 as of February 26, 2016.
"The Corporation is pleased with the entering of these new agreements," stated Allen Lone, President of the Corporation. "These new contracts are a great way to start off the New Year and the Corporation will continue to work to ensure that these new contracts, along with the current backlog, are fulfilled in a timely and efficient manner. These agreements are evidence of the continuing confidence that the various entities of the United States government have in Marcon. The Corporation and Marcon have worked and continue to work in building an ongoing successful relationship with these clients.