International Machine and Welding, Inc. Kickstarts New Fiscal Year
31 März 2006 - 3:54PM
Business Wire
American Commerce Solutions, Inc. (OTCBB:AACS) today released
preliminary results of operations for IMW, its wholly owned
subsidiary, for March 2006, the first month of its new fiscal year.
Daniel L. Hefner, President and CEO of ACS reported, "Subject to
final adjustments, IMW will close out March with total revenue of
just over $210 K for the first month of their fiscal year. This is
in contrast to slightly over $134 K for the same period last year.
This represents a revenue increase of over 53% for the period. Don
Harrison and his IMW team have done an outstanding job kickstarting
the new year." Asked about the strong start, IMW President, Don
Harrison was quick to reference the team effort required for
everything to come together. According to Harrison, "We have a
seasoned team of professionals at IMW. We have slightly revamped
our areas of responsibility and tightened up our geographical sales
area. Sales are now not only the responsibility of full time sales
representative, Paul Warren and sales consultant, Mike Crandall,
but also Frank Briggs, IMW Vice President and Service Manager, and
I spend time in the field generating sales. That is only possible
because of the additional responsibilities assumed by our internal
staff, Denise Tate and Susan Duncan taking up any slack. Of course,
ultimately, the professionalism and competence of our labor force
determines whether we will get the jobs in and out on time and bill
the customer. In our absence that responsibility falls on twenty
five year veteran shop foreman, Jimmy Coffman." Harrison continued,
"This is just the beginning of what is expected to be a banner
year. Time will tell, but I am confident that we have the right
team in place to make it happen. Until the anticipated new
manufacturing opportunities materialize, it is our job to make sure
that we maximize our current opportunities." Information about
International Machine may be seen at the company website,
http://www.aacssymbol.com. The company's other wholly owned
subsidiary, Chariot Manufacturing Company, Inc., manufacturers of
highly regarded fiberglass motorcycle trailers, maintains a website
at http://www.chariot-trailer.com . ACS also has a Strategic
Partner relationship with American Fiber Green Products, Inc. with
presence at http://www.americanfibergreenproducts.com . Safe Harbor
Statement under the Private Securities Litigation Reform Act of
1995: The statements contained in this release that are not
historical, are forward-looking statements that are subject to
risks and uncertainties that could cause results to differ
materially from those expressed in the forward-looking statements,
including but not limited to, certain delays and risks detailed
from time to time in the company's filings with the Securities and
Exchange Commission.
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