Tickers: XOTC:GEIN, PINX:GEIN, XNYS:GEIN
Tags: #Manufacturing
NEW YORK, NY - TheNewswire - October 31, 2019 - Genesys Industries, Inc (OTCBB:GEIN) (OTCMKTS: GEIN) $GEIN - today announced that the company is pleased to have commenced production from its new facility and head office in Florida. The company has two new machines operating under one shift at this location with ample space to expand future production activities. The facility floor plan follows 5S Lean Systems and has 12,000 sqft to support manufacturing and production of precision products.
Company Spokesperson, commented: "We're excited to be making precision products from our second facility, this allows us to increase our capacity and reduce our finished product lead times for our current and future customers allowing for faster product shipments. This new smart factory with all new productivity improvements and attention to detail is the best way to build upon the partnerships we anticipate to develop with our current and future customers."
About Genesys Industries
Genesys Industries is a diversified multi-industry advanced manufacturer of complex components and products. The company is a vertically integrated precision cnc manufacturing and fabrication company with core emphasis on product design, engineering and precision manufacturing of complex components and products. Some of the industries served include Aviation, Automotive, Building Materials, Food Processing, Industrial, Maritime, Medical, Railroad, Oil and Gas, Packaging, Telecom, Textiles, Pulp Paper, Transportation and many more. Follow us on twitter @genesysind or $GEIN
For more information on Genesys Industries, please visit www.genesysindustries.com
Contact Information.
Investor Relations
Genesys Industries, Inc
Phone: 941-722-3600
ir@genesysindustries.com
Safe Harbor Statement
This press release contains forward-looking statements. Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. Statements contained in this press release regarding the company intentions, hopes, beliefs, expectations, or predictions of the future are "forward-looking'' statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based upon the Company's current expectations, forecasts, and assumptions that are subject to risks, uncertainties, and other factors that could cause actual outcomes and results to differ materially from those indicated by these forward-looking statements. These risks, uncertainties, and other factors include, but are not limited to, the risks and uncertainties discussed under the heading "Risk Factors" in the Company's Financial Reports. This press release does not form any part of a prospectus or offering. The Company undertakes no obligation to update any of the information included in this release, except as otherwise required by law.
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