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NCNC noco noco Inc

0.1823
-0.0067 (-3.54%)
15 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
noco noco Inc NASDAQ:NCNC NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.0067 -3.54% 0.1823 0.10 0.22 0.19 0.1806 0.19 38,588 05:00:05

New Century Companies, Inc Reports $1,570,000 In New Orders

16/10/2009 1:30pm

PR Newswire (US)


noco noco (NASDAQ:NCNC)
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LOS ANGELES, Oct. 16 /PRNewswire-FirstCall/ -- New Century Companies, Inc, (OTC BB: NCNC.OB News), announced today that it has recently received new orders totaling $1,570,000. The orders from customers are in the aircraft sector, the energy sector, and the mining industry. David Duquette, CEO, New Century Companies, Inc. stated, "We are very pleased and encouraged that certain industries are starting to return to growth. We have seen acceleration in our quoting activity, which bodes well for our future business. We expect to complete and ship most of this new business prior to year end". About New Century Co. New Century Companies, Inc. is one of the leading U.S.-based makers of machine tools, primarily vertical boring mills and large lathes such as vertical turning centers (VTCs). It specializes in re-manufacturing, starting with existing major castings and fitting them with state-of-the-art, computer-controlled equipment. These products generally cost 40% to 60% less to manufacture than new ones. New Century passes these savings on to its customers, which include such leading manufacturers as General Electric Co., General Dynamics Corp., Siemens AG and Gardner Denver. New Century machines are used to manufacture jet engine components, airplane landing gear parts, power generation equipment, oil and gas production components and construction materials, to name just a few applications. New Century's production facility is in Santa Fe Springs, CA. For more information please visit New Century's Web site at http://www.newcenturyinc.com/. Safe Harbor Forward-looking statement: Except for historical information, this press release contains forward-looking statements, which reflect the Company's current expectation regarding future events. These forward-looking statements involve risks and uncertainties, which may cause actual results to differ materially from those statements. Those risks and uncertainties include, but are not limited to, changing market conditions and other risks detailed from time to time in the Company's ongoing quarterly filings, annual information form, and annual reports. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. In light of these risks, uncertainties and assumptions, the forward-looking events in this press release might not occur. CONTACT: David Duquette, CEO, New Century, Phone: (562) 906-8455 DATASOURCE: New Century Companies Inc. CONTACT: David Duquette, CEO, New Century, Phone: (562) 906-8455

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