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Genesis Structural Products Division Signs New ...

Genesis Structural Products Division Signs New ....

articleGlobalworth Real Estate Investments LimitedJune 10, 20083/company/globalworth-real-estate-investments-limited/news/genesis-structural-products-division-signs-new
Genesis Structural Products Division Signs New ...

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[{"type":"text","content":"\n \n\nFOR: GENESIS WORLDWIDE INC.\n\nTSX, AIM SYMBOL: GWI\n\nJune 10, 2008\n\nGenesis Structural Products Division Signs New Deal in Ontario, Canada Market\n\nExpands beyond GTA Market into Cottage Country with Collingwood's Cranberry Mews\n\nMISSISSAUGA, ONTARIO--(Marketwire - June 10, 2008) - Genesis Worldwide Inc. (\"Genesis\" or the \"Company\"),\n(TSX:GWI)(AIM:GWI), an industry leader in \"green\" structural building technologies using light steel, today\nannounced that its Genesis Products Division and subsidiary, KML Engineered Homes Ltd. (doing business as KML\nBuilding Solutions) (\"KML\"), will supply light steel framing needs for its new customer, Rockpoint Homes, of\nConcord, Ontario, Canada.\n\nRockpoint Homes is building Cranberry Mews, a 42,200 square foot commercial plaza in Collingwood, Ontario,\nCanada. This retail plaza will consist of four independent one-storey buildings constructed of Genesis light\ngauge steel trusses and panels. Utilizing the \"Genesis Solution\", a turn-key solution which includes leading\nedge software, industrial equipment, hardware, processes and engineering services, KML will produce and install\nlight steel frame panels for Cranberry Mews. Site work has begun and the Company anticipates this project will\nbe completed by the end of September 2008.\n\nKML is able to manufacture and build high-quality steel trusses quickly and efficiently in the company's\nVaughan plant year round. John D'Angelo, President and owner of Rockpoint Homes, praised KML's productivity.\n\"We are delighted to develop this relationship with KML Building Solutions. We know their reputation. The\nsuperior quality of their steel trusses and panels will be evident in our new buildings,\" said D'Angelo. \"We\nsee a successful partnership ahead. They are a successful Canadian company that is demonstrating strength in\nthe global marketplace,\" added D'Angelo.\n\nKML President, Jack Scivoletto, said the agreement with Rockpoint Homes is another important opportunity to\ndemonstrate the high quality, consistency and cost effectiveness of Genesis light steel structures to the\nOntario market. \"Collingwood is a booming town and is expanding rapidly,\" commented Scivoletto. \"The beauty of\nour product is that we can cost-effectively ship within four hours of our facility, which allows us to provide\nlight gauge steel...

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