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Article: Process Equipment, Inc. Completes Additional $1.2 Million Financing.
- Article from:
- PR Newswire
- Article date:
- April 26, 2004
CopyrightCOPYRIGHT 2004 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Process Equipment, Inc. (BULLETIN BOARD: PEQM) is pleased to announce that it has reached agreements with several accredited investors completing financing for approximately $1.2 million. This financing is in addition to the $1.3 million financing announced by the Company last Friday, April 23, 2004.
Norbert Sporns, Chief Executive Officer of Process Equipment, Inc., said, "We are very pleased by this substantial additional financing. It provides Process Equipment with more capital to fuel its continued growth and acquisition strategy, particularly as we enter our high growth season. It further indicates investor confidence in our state-of-the-art ...
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