RJD Green Inc.’s Silex Holdings Division Acquires the Assets TULSA, OK, Sept. 24, 2024 (GLOBE NEWSWIRE) -- RJD Green Inc. (OTCPK: RJDG) announced Silex Holdings Inc. has acquired the assets of JSI Interiors to include the state-of-the-art fabrication system, contracts, purchase orders, and book of business. The combined revenues of the companies for calendar year 2023 was $7,813,426.
Silex Holdings Profile
Silex Holdings Inc. is a specialty construction products company offering manufacturing, sales & distribution, and installation of multiple products with a primary focus on cabinetry and stone countertops, walls, and flooring for homebuilders, general contractors, & commercial projects, remodelers & designers, and retail clients. Silex was formed in 2006 serving the Oklahoma City and Tulsa metropolis areas with a 200-mile radius of each city utilizing the original trade name, Silex Interiors.
JSI Products Corporation
Silex Holdings has recently formed JSI Products Corporation, an Oklahoma Corporation to receive the assets purchased from JSI Interiors and to be the operating entity of the acquired assets. JSI Products Corporation will operate as a Division of Silex Holdings Inc. Silex Holdings Inc. (SHI) has purchased from JSI LLC specific assets, and book of business. Key staff members of JSI LLC have been retained.
JSI Products Corporation Going Forward
Ron Brewer, RJD Green CEO stated: “We at Silex Holdings are very excited to move forward with this opportunity. We will immediately install the same business operation processes and programs that were developed and implemented in Silex Interiors that allowed us to grow from $1,400,00 in revenue at acquisition to the current $5,800,000 in annual revenue. With the state-of-the-art fabrication system acquired, JSI Products will offer excellent product and exceptional daily fabrication output capability.
“We feel the Tulsa Division, which includes Silex of Tulsa, will create $3,000,000 to $4,000,000 in revenue in its initial calendar year. Our outreach for business will be extended to northeast Oklahoma, a 200-mile radius for commercial projects. Our focus and expectations are to create a consistent $10,000,000 of profitable revenue for Silex Holdings Inc.”
https://www.globenewswire.com/en/news-release/2024/09/24/2952241/0/en/RJD-Green-Inc-s-Silex-Holdings-Division-Acquires-the-Assets-of-JSI-Interiors.html