Business
COMSovereign Acquires Plastics and Metals Production Operation, Ensuring its Own U.S.- Based Manufacturing Supply Chain
COMSovereign Acquires Plastics and Metals Production Operation, Ensuring its Own U.S.- Based Manufacturing Supply Chain.
About this update from Comsovereign Holding Corp.
[{"type":"text","content":"\n\n\n\nCOMSovereign Acquires Plastics and Metals Production Operation, Ensuring its Own U.S.- Based Manufacturing Supply Chain\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nCOMSovereign Acquires Plastics and Metals Production Operation, Ensuring its Own U.S.- Based Manufacturing Supply Chain\n- U.S. Manufacturing Capabilities to Support All COMSovereign Product Lines, Dramatically Cutting Production Times and Costs -\nPR Newswire\nDALLAS, March 19, 2020\n\n\n\nDALLAS, March 19, 2020 /PRNewswire/ -- COMSovereign Holding Corp. (OTCQB: COMS) (\"COMSovereign\" or the \"Company\"), a U.S.-based pure-play enabler of 5G connectivity and data transmission systems, today announced that following the purchase of all related manufacturing assets, operations and existing customer contracts of Fast Plastic Parts, it has launched Sovereign Plastics, its wholly-owned, domestic plastic and metal components manufacturing operation.\n\n \n \n \n \n \n \n\n \nBased in Colorado Springs, Colorado, Sovereign Plastics occupies a 23,000-square-foot manufacturing facility that houses a full-production machine shop, a comprehensive line of state-of-the-art plastic injection molding machinery as well as light-assembly fulfillment and packaging lines serving customers 24x7. The facility now operates as the materiel, component manufacturing and supply chain source for all COMSovereign companies. Sovereign Plastics provides customers with rapid prototyping and mold-machining services, as well as high-volume production of plastic and metal components, such as protective cases, housings and mounting brackets used in a wide array of electronic components such as radio communications equipment, backup power supplies and batteries. Utilizing advanced systems designed for speed and cost efficiency, Sovereign Plastics has the ability to reduce molding times from the typical 120 days to five days, and to reduce product delivery from months to days as compared to production overseas in Asia. The operation employs over 30 highly-experienced technicians.\nDan Hodges, chairman and CEO of COMSovereign Holding ...