Business
NuLife Announces Relocation; Moves Corporate Headquarters to Louisiana
NuLife Announces Relocation; Moves Corporate Headquarters to Louisiana.
About this update from Gulf West Security Network Inc.
[{"type":"text","content":"NEWPORT BEACH, CA / ACCESSWIRE / October 22, 2018 / NuLife Sciences, Inc. (OTCQB: "NULF") announced today that it has made the decision to relocate its corporate headquarters from Newport Beach, CA to Lafayette, LA.According to NuLife Chairman Louis J. Resweber, this move is part of an overall strategic redirection of the Company, and should result in a significant reduction in operating costs on a going forward basis.In August, NuLife entered into a merger agreement with LJR Security Services, Inc., which was based in Lafayette, and which is focused on the life safety and electronic security industry. In early October, the Company announced that it had elected Resweber, the former Owner of LJR Security, as its new Chairman, President & Chief Executive Officer.In making this move, Resweber explained that (over the past five years) Lafayette area has been recognized as: the # 1 metropolitan area in the entire U.S. for overall economic growth, according to Area Development magazine; the # 5 city in the nation for new job development, according to a study conducted by Business Facilities magazine; the # 6 city in the United States for the pace of economic growth, as ranked by the Burea of Economic Analysis; one of the Top 10 small cities, in terms of economics and foreign direct investment, according to FDI Magazine; one of the Top 25 performing cities (for the 6th time in 7 years) according to an index from the Milken Institute; one of the Top 10 healthiest U.S. cities, according to a Gallup-Healthways poll published by 24/7wallstreet.com; and Lafayette was also named the "Happiest City in America" in a Wall Street Journal "Market Watch" report based on a National Bureau of Economic Research study conducted by the University of British Columbia and Harvard. "We are extremely proud to call Lafayette our new home," said Resweber, "and we are thrilled to relocate into our new corporate headquarters in the beautiful Park Tower Complex - owned and beautifully managed by Rault Resources - which is still one of the most desirable and architecturally stunning hi-rise edifices in the entire Acadiana Region." For Resweber - a native of Acadiana - this relocation marks a "homecoming" of sorts, after a 35-year business career that has included corporate transfers to California, T...