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AirBoss of America Corp T.BOS

Alternate Symbol(s):  ABSSF

AirBoss of America Corp. is a Canada-based company, which is a diversified developer, manufacturer and provider of survivability solutions, advanced custom rubber compounds and finished rubber products that are designed to outperform in the challenging environments. The Company operates through two segments: AirBoss Rubber Solutions and AirBoss Manufactured Products. The AirBoss Rubber Solutions segment includes manufacturing and distribution of rubber compounds and distribution of rubber compounding related chemicals. The AirBoss Manufactured Products segment includes the manufacture and distribution of anti-noise, vibration and harshness dampening parts, and personal protection and safety products, primarily for CBRN-E threats. The Company offers its products across various industries, such as resource, military, automotive and industrial markets. It operates manufacturing facilities and sales offices in the United States and Canada, selling primarily in North American markets.


TSX:BOS - Post by User

Comment by Possibleidiot01on Sep 23, 2020 1:37pm
74 Views
Post# 31605012

RE:RE:CONFIRMED CONTRACT time to buy!

RE:RE:CONFIRMED CONTRACT time to buy! Personally , pays to be supicious about rumours.

Here's a quote from a story on BNN.

https://www.bnnbloomberg.ca/trump-administration-dips-into-protective-gear-cdc-funds-to-fund-vaccine-push-1.1498085

"The Trump administration has shifted billions of dollars previously allocated to public-health programs into its Operation Warp Speed vaccine push, reflecting the U.S. government’s increasing focus on a medical solution to ease the COVID-19 pandemic.

The transfers, disclosed in a government audit, reported by Bloomberg News and described by congressional aides, have grown the budget of the Warp Speed program to as large as US$18 billion, much larger than the US$10 billion figure the administration has routinely cited in public. 

One of the biggest transfers came in August, with US$6 billion pulled from US$16.7 billion that had been allocated to the U.S. Strategic National Stockpile, which buys, holds and distributes crucial medical supplies in times of national crisis.  The money had originally been meant to replenish stocks of medical protective gear, ventilators, and COVID-19 testing supplies, all of which have experienced shortages at points during the pandemic.

The transfer, disclosed in a footnote buried on page 135 of a Government Accountability Office report this month about the U.S. response to the pandemic, came after Health and Human Services officials said that they had been unable to spend about US$1 billion of the money allocated for the stockpile. 

The same GAO report found that shortages of personal protective equipment persist, even as the stockpile has purchased hundreds of millions in supplies. Concerns from nurses spurred the Trump administration to release millions of masks from the stockpile, but health-care workers say they still don’t have enough, particularly of N95 respirators.'

 


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