LifeGoal Home Down Payme... (AMEX:HOM)
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From Jun 2019 to Jun 2024
Home Solutions of America, Inc. (Amex: HOM; the
"Company" or "Home Solutions"), a provider of recovery, restoration
and rebuilding/remodeling services, announced today that its
subsidiary, Home Solutions Restoration of Louisiana Inc. (HSRLA), has
been awarded a contract worth up to $20 million, to provide
infrastructure support for a Fortune 1000 construction and engineering
company. The Time and Materials agreement will require HSRLA to
provide up to 200 ground labor personnel with various disciplines to
assist the Fortune 1000 company with the on-going rebuilding efforts
associated with Hurricane Katrina in and around the New Orleans area.
Home Solutions will serve as a subcontractor. Work under the agreement
has commenced.
"The next wave of the aftermath of Hurricanes Katrina and Rita are
finally seeing the funding necessary to rebuild these communities,"
said Frank J. Fradella, Chairman and CEO of Home Solutions. "We
believe many of the Company's subsidiaries will be a part of this
rebuilding process as opportunities become even more prevalent in the
second half of 2006 and beyond. We are pleased that this industry
leader has selected us to participate in this portion of the
rebuilding process."
Home Solutions is a provider of recovery, restoration and
rebuilding/remodeling services to commercial and residential areas
that are (i) prone to flooding, hurricanes, tornados, fires or other
naturally occurring and repetitive weather related emergencies; and/or
(ii) experiencing robust housing development. The Company has
operations in California, Texas, Florida, Alabama, Georgia, Louisiana,
Mississippi and South Carolina through its five subsidiaries,
Cornerstone Building and Remodeling, Southern Exposure, P.W. Stephens,
Home Solutions Restoration of Louisiana and Fiber Seal Systems.
Cornerstone is a leading supplier and installer of granite materials
for kitchens and baths to national home centers, as well as national
builders and remodeling companies, in the southeastern United States.
Southern Exposure and related companies is a manufacturer and
installer of cabinet and countertop services in the Florida
marketplace. P.W. Stephens provides mold and asbestos remediation
services, and fire and water restoration services in California,
Florida and Louisiana. Home Solutions Restoration of Louisiana
provides Recovery Restoration Services in Florida, Louisiana,
Mississippi and Texas and Fiber Seal Systems is a national licensor of
cleaning and fabric protection businesses.
For more information on Home Solutions, please see the Company's
website at http://www.homcorp.com.
Statements included in this update that are not historical in
nature are intended to be, and are hereby identified as,
"forward-looking statements" for purposes of the safe harbor provided
by Section 21E of the Securities Exchange Act of 1934, as amended by
Public Law 104-67. Forward-looking statements may be identified by
words including "anticipate," "believe," "intends," "estimates,"
"expect," and similar expressions. The Company cautions readers that
forward-looking statements including, without limitation, those
relating to the Company's future business prospects are subject to
certain risks and uncertainties that could cause actual results to
differ materially from those indicated in the forward-looking
statements, due to factors such as those relating to economic,
governmental, technological, and other risks and factors identified
from time to time in the Company's reports filed with the SEC.