Business
LIG Assets acquires industry leading steel framer Precision Steel Framing Corporation
LIG Assets acquires industry leading steel framer Precision Steel Framing Corporation.
About this update from Lig Assets, Inc.
[{"type":"text","content":"\n \n \n LIG Assets acquires industry leading steel framer Precision Steel Framing Corporation\n \n \nLIG Assets acquires industry leading steel framer Precision Steel Framing Corporation\n\nLIG Assets, Inc. (LIGA), announced the acquisition of Precision Steel Framing Corporation & a new Joint Venture with Live Stor at the LIGA 2017 - Sustainability Impact Conference yesterday after the market closed\n\n \n NASHVILLE, TN--(Marketwired - Jun 13, 2017) - LIG Assets, Inc. (OTC PINK: LIGA ) (also known as the \"Leader in Green Assets\" or \"LIGA\") announced today at the Company's second annual LIGA 2017 Sustainability Impact Conference held at the Nashville Entrepreneur Center (EC) on Monday, June 12th in Downtown Nashville, TN that LIG Assets has signed a formal Acquisition Agreement with Precision Steel Framing Construction LLC. (PSFC) of West Monroe, LA in a revenue base transaction that does not affect LIGA's current share structure. Additional conference details will be available on the Company's website at www.LeaderinGreenAssets.com, and will be updated from time to time after the conference date. \n Precision Steel Framing Corp. has developed ground breaking and proprietary software that allow PSFC's steel framing and buildings to fully integrate with the top framing software currently used by builders and developers throughout North America thus enabling PSFC to dominate the building framing industry which to date has been controlled by lumber framing. PSFC currently has franchise operations throughout America and Canada and is poised for rapid expansion as its superior framing material and design transforms North America from lumber to steel based framing for all types of building construction. \n LIG Assets Chairman Aric Simons stated \"We are extremely excited to acquire Precision Steel, a Company that will disrupt and dominate framing in the construction industry. Steel framing is consistent with LIGA's sustainable building model. Steel offers a superior building envelope because it is virtually fireproof, mold-proof, termite-proof while providing superior structural support to protect the house from hurricanes, tornadoes and earthquakes. Steel also is far less labor intensive, faster and cost competitive. Combining all of these factors, steel is more economical than lumber and perhaps most importantly, it does not...