Luxor’s Mill Frame LLC signs $1.8 M framing contract
December 31, 2015 - Luxor Industrial Corporation recently announced that its subsidiary, USA Mill Frame LLC, has signed the company's first U.S.-based contract with Venture General Contracting LLC.
The contract, which is valued at approximately $1.8 million and will commence in February 2016 with an expected completion date of April 2016, will use Luxor's Canadian pre-fabricated walls, pre-packaged engineered floor systems and window and door frames to outfit a large Venture multi-family project located in Seattle, Wash.
"Our primary focus in 2016 is expanding market share in the U.S., establishing micro distribution centres to service regional growth and win contracts to drive revenues,” said Terry Lashman, CEO of Luxor Industrial Corp. “I’m also extremely pleased with the progress we've made building out our management team and the direction of the company moving forward."
About Luxor Industrial Corporation
Adding to Luxor's products and commercial sales, the company now distributes fire protected exterior architectural details, pre-fabricated wall panels and a complete line of multi-family engineered lumber that includes products like I-joist, LVL, glulam beams. For more information, visit http://www.millframe.com/#!products/sqp1c.
Luxor is involved in the development, engineering, manufacturing and marketing of engineered wood products. Luxor has vertically integrated through the pending acquisitions of turnkey framing companies in Canada and the United States. In the industrial sector, it manufacturers wood mat products. In the residential sector it manufactures its patented IBS 2000 engineered floor bridging, architectural wood products, and FastFrame™ wall components. For further information contact visit Luxor's website at www.luxorcorp.com.
This news release contains forward looking statements. Although Luxor believes that the expectations reflected in these forward looking statements are reasonable, undue reliance should not be placed on them because Luxor can give no assurance that they will prove to be correct. Since forward looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Additional information may be accessed through the Sedar website: www.sedar.com.