MIDDLEBORO, Ky., Sept. 29 /PRNewswire-FirstCall/ -- Heartland, Inc. (OTC Bulletin Board: HTLJ) today announced that the new headquarters of Heartland Steel, the company's steel warehousing subsidiary, has been completed. Management and employees have moved into the new state-of-the-art warehousing and distribution facility and office space in Washington Court House, Ohio. An open house has been scheduled for October 29th, when community and business leaders will able to tour the facility.
"Having reached over $1 million in sales before occupying our building, I would now expect the pace of our marketing and sales activity to increase substantially," and Randy W. Frevert, President, of Heartland Steel. "Virtually all production equipment, overhead cranes and offices are fully functional and additional inventory is being purchased and moved into our spacious warehouse, whose 80 foot wide bays provide tremendous flexibility and efficiencies.
"In addition, our new high speed plate processing machine is capable of drilling, counter-sinking and light milling in addition to processing the final shape of the part. This piece of equipment has generated quite of bit of interest, and gives us additional capabilities in our marketplace.
"Our team is poised to provide the service and support that our customers need and demand," concluded Mr. Frevert. "There is tremendous opportunity for growth in this region, and the completion of our facility is an important step in building a growing and thriving enterprise."
About Heartland Inc.
Heartland, Inc. is a diversified company with businesses in steel warehousing and fabrication and petroleum retail and wholesale operations. Mound Technologies is a full service structural and miscellaneous steel fabricator located in Springboro, Ohio. Lee Oil Company services and sells over 40 million gallons of petroleum product annually through a combination of retail and wholesale operations. Heartland Steel, Inc. is a new venture which operates a structural steel service center in Washington Court House, Ohio.
Forward-Looking Statements
Statements contained in this news release, which are not historical facts, are forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995. Amounts herein could vary as a result of market and other factors. Such forward-looking statements are subject to risks and uncertainties which could cause actual results to differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, factors discussed in documents filed by the Company with the Securities and Exchange Commission from time to time.
Heartland, Inc.
CONTACT: Paul G. Henning, Cameron Associates, +1-212-554-5462,
Paul@cameronassoc.com
