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LXRRF Luxor Industrial Corp (CE)

0.000001
0.00 (0.00%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Luxor Industrial Corp (CE) USOTC:LXRRF OTCMarkets 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% 0.000001 0.00 01:00:00

Luxor Sales Increase by 180 Percent in 2012

14/05/2012 1:00pm

GlobeNewswire Inc.


Luxor Industrial (CE) (USOTC:LXRRF)
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Luxor Industrial Corporation (Pink Sheets:LXRRF) (TSX-V:LRL) is pleased to announce sales for the first 4 months of 2012 totaled approximately $ 1,806,000. This represents an increase of 180 percent in sales over the same period for 2011 which were approximately $ 646,000.

Sales in April, 2012 were $ 600,000 compared to $ 200,000 in April, 2011. Sales in March, 2012 were $ 513,000 compared to $ 109,000 in March, 2011. Luxor has increased sales levels by developing new product lines.

Luxor has added two sales personnel to its management staff in anticipation of continued sales growth. Glen Allen has joined Luxor as USA Sales Manager following several years of experience in management positions with General Motors and Chrysler auto dealerships. Peter Bueckert joins Luxor as Canadian Sales Manager following over 30 years of experience with wood truss companies in sales and design as well as designing buildings under Bueckert Blueprints.

During the past year, the Company's workforce has more than quadrupled to more than sixty employees to handle the increased production, sales and logistics.

Luxor continues to anticipate significant sales growth based on progress made with new and existing products and will keep shareholders advised of further developments.

About Luxor Industrial Corporation

Luxor manufactures and markets its patented IBS 2000® and patent pending IBS3000™ engineered bridging. Both enable a floor to act as a system with unparalleled scale of gain in stiffness and rigidity. Luxor has spent years analyzing wood-frame floor construction, establishing itself as a leading authority in wood floor performance engineering.

Luxor also manufactures other building components, architectural and utility wood products including specialty products for the natural resource sector. It distributes laminated beams and offers various custom wood cutting services. Luxor offers coating services, which protect wood against mold, decay, insects and fire.

The TSX Venture Exchange has neither approved nor disapproved this announcement

CONTACT: Luxor Industrial Corporation
         Terry Lashman
         (800) 665-2454
         (604) 684-7929
         John Taylor
         (877) 496-4355
         (604) 864-9601
         www.luxorcorp.com

1 Year Luxor Industrial (CE) Chart

1 Year Luxor Industrial (CE) Chart

1 Month Luxor Industrial (CE) Chart

1 Month Luxor Industrial (CE) Chart

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