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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Reko International Group Inc | TSXV:REKO | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 3.50 | 3.50 | 3.76 | 0 | 21:00:58 |
LAKESHORE, ON, June 4, 2018 /CNW/ - Reko International Group Inc. (TSX-V: REKO) today celebrated the grand opening of their new state-of-the-art facility dedicated to the design, development, and build of innovative industrial automation solutions.
Reko Automation, a division of Reko International Group, will now operate out of their newly constructed 48,600 sq.ft. facility in Lakeshore, Ontario. With three 150-foot long bays, 19-foot ceilings, and up to 30 metric tonne crane capacity, Reko Automation now has the infrastructure in place to deliver large scale, turn-key automation projects and Industry 4.0 solutions.
"This is a key turning point for Reko as we expand our capabilities for existing customers as well as new customers in additional markets," says Diane Reko, CEO of Reko International. "We have a growth strategy for Reko that includes both new technology innovation as well as customer and industry diversification, and this facility enables us to take that strategy to the next level."
Reko operates two other facilities in Lakeshore, one dedicated to precision machining and metal fabrication, and the other providing tool and mold solutions. This new facility represents a $5.7 million investment and will bring total employment levels for all facilities to over 250.
Video preview of Reko Automation's new facility… https://youtu.be/CYROY98v-Mc.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
ABOUT REKO INTERNATIONAL GROUP
Reko International Group Inc. (TSX-V:REKO) is a diversified, technology-driven manufacturing organization located in Southwestern Ontario. Areas of expertise include robotic factory automation solutions, the precision machining of large critical parts, and plastic injection and low compression acoustic tooling. Reko believes in strengthening communities by advancing manufacturing.
SOURCE Reko International Group Inc.
Copyright 2018 Canada NewsWire
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