Earle M Jorgensen (NYSE:JOR)
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From Nov 2019 to Nov 2024
Earle M. Jorgensen Company (NYSE:JOR) announced today
that it is to expand its operations in the Northeastern United States
with the opening of a new facility in Southington, Conn.
Located in Southington outside of Hartford, the 32,000-square-foot
facility is scheduled to open on October 1, 2005, and is expected to
create nine new jobs. The facility will enhance and expand service
levels in Connecticut and Northeastern New York.
"The opening of this facility continues the Earle M. Jorgensen
Company's strategy of continually increasing service and delivery
levels to our client base in the Northeast. The facility will have an
extensive inventory of bar and tube stock and will feature the latest
in metal-cutting equipment. This allows us to serve our very demanding
client base as they continually seek outsourcing solutions to run
their business more cost effectively," said Jim Hoffman, Vice
President of Earle M. Jorgensen Company.
About Earle M. Jorgensen Company
Earle M. Jorgensen Company is one of the largest distributors of
metal products in North America, with 37 service and processing
centers. The Company inventories more than 25,000 different bar,
tubing, plate, and various other metal products, specializing in cold
finished carbon and alloy bars, mechanical tubing, stainless bars and
shapes, aluminum bars, shapes and tubes, and hot-rolled carbon and
alloy bars.
Forward-Looking Statements
Any forward-looking statements, as defined by the Private
Securities Litigation Reform Act of 1995, contained in this press
release are subject to risks, uncertainties, and other factors, such
as the cyclicality of the metals industry and the industries that
purchase our products, fluctuations in metals prices, risks associated
with the implementation of new technology, general economic
conditions, competition in the metals service center industry, and our
ability to satisfy our "on-time or free" delivery guarantee. Actual
events or results may differ materially from expectations due to these
risks, uncertainties, and other factors. These factors and additional
information are included in Earle M. Jorgensen Company's filings with
the Securities and Exchange Commission. In particular, we refer you to
Earle M. Jorgensen Company's Annual Report on Form 10-K for the fiscal
year ended March 31, 2005, filed with the Securities and Exchange
Commission on June 29, 2005. You should be aware that we do not plan
to update these forward-looking statements, whether as a result of new
information, future events, or otherwise unless required by law.