Business
Excalibur Trailers USA, Corp, a Wholly Owned Subsidiary of VMHG, Receives Approval From SAE International to Build New Boat Trailers
Excalibur Trailers USA, Corp, a Wholly Owned Subsidiary of VMHG, Receives Approval From SAE International to Build New Boat Trailers.
About this update from Victory Marine Holdings Corp.
[{"type":"text","content":"\nMIAMI, Aug. 02, 2018 (GLOBE NEWSWIRE) -- Excalibur Trailers USA, a wholly-owned subsidiary of Victory Marine Holdings (OTCPK.VMHG), announced today that they received approval from SAE International (Society of Automotive Engineers) to build new custom trailers for recreational boats, as well as for commercial boat transport.\n “We have received approval and designation from SAE to manufacture custom recreational boat trailers including utility trailers,” Orlando Hernandez, CEO of the parent company VMHG, said in a statement. “As we continue to push forward on our business plan, we are venturing into the marine aluminum trailer business with the creation of our new subsidiary Excalibur Trailers USA. We are seeing a growing opportunity in this sector due to the increasing demand for recreational boat trailers.” A recent published article by the National Marine Manufacturers Association (NMMA) shows an ever increase in recreational boat sales for 2018, positioning us in the number one state in USA, Florida with powerboats, trailers and accessories sales topping almost $3 billion followed by Texas and Michigan. Excalibur Trailers USA has filed the necessary paperwork to trademark their brand name and logo, also their website has commenced to take shape and the next task is to find a suitable manufacturing facility for their boat trailer in South Florida. Contact:www.VictoryYachts.com Email: [email protected] About The Company Excalibur Trailers USA Corp., a wholly owned subsidiary of Victory Marine Holdings Corp., is to position itself as a world class marine trailer manufacturer focusing on safety first to well guard families on the road and their investment. Excalibur Trailers USA builds a wide range of quality trailers. We offer powerboat, sailboat, catamarans, powerboats and jetski trailers. Forward-Looking Statements. Forward-Looking Statements certain statements in this release that are not historical facts are \"forward-looking statements\" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as \"anticipate,\" \"believe,\" \"expect,\" \"future,\" \"may,\" \"will,\" \"would,\" \"should,\" \"plan,\" \"projected,\" \"intend,\" and similar expressions. Such forward-looking statements involve known and unknown risks, ...