CHICAGO, IL / ACCESSWIRE / February 27, 2015 / ID Global Corp. (PINKSHEETS:IDGC) is pleased to announce that it has relocated its headquarters to Dolton, Ill. with its fully owned subsidiary Fluid Solutions Group, Inc. (FSG) to take over an existing plastics recycling business . The facility is 6250 sq. ft. with the capacity of 4 tons per day. The move also represents a savings to IDGC's current overhead.
Sebastien DuFort, president and CEO stated, "This opportunity fell into our lap with one of our subs and made sense from a cost savings stand point. More importantly there is an existing business here, that only utilizes 35% of the facility footprint that we can also improve upon to create another revenue stream for IDGC."
About ID Global Corporation
ID Global Corporation (IDGC) is a diversified holdings company with a focus on emerging and middle market investment opportunities in North America. IDGC seeks, through debt and equity investments, minority positions as well controlling interests in established companies and special situation start-ups.
Forward-Looking Statements
This press release contains statements which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of ID Global Corporation and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
SOURCE: ID Global Corporation