Published:
Plasticon International, Inc. Subsidiary, SEMCO, Begins Work on $82 Million I-515 Beltway Interchange Project
Plasticon International, Inc. (PINKSHEETS: PLNI) is pleased to announce that their wholly owned subsidiary, SEMCO
Manufacturing, Inc., will begin surfacing the concrete embankment on the
I-515 Beltway Interchange for the Nevada Department of Transportation. The
$241,000 contract calls for the application of SEMCO's proprietary concrete
sealants and anti-graffiti coating across a 76,400 square foot span of the
interchange.
SEMCO's protective coating system was chosen to prevent the absorption of
water into the surface of the bridges, to mitigate the cleanup cost of
graffiti, and also for its attractive color schemes. The new interchange
joins Interstates 215 and 515 in Henderson, Nevada with a multitude of
roads, bridges and ramps. The total cost of the Interchange project is
$82,247,827, paid for by a combination of federal, state and local funds.
"We're thrilled to commence with the application of our custom coating
surfaces on this highly ambitious project by the Nevada DOT. SEMCO will be
adding the finishing touches to the bridge construction and we foresee
significant exposure gained as a result. We hope to set the standard for
the protection and cosmetic appeal of large-scale concrete construction,"
stated Jim Turek, President and CEO of Plasticon International, Inc.
Plasticon International, Inc. recently announced that the Company is
currently attending the 33rd Annual World of Concrete Expo being held in
Las Vegas, Nevada on January 23 through January 26, 2007. Key executives
from Plasticon International, Inc. and their subsidiaries will be holding
meetings with potential customers and distributors at the show. Plasticon
International, Inc. will be exhibiting at booth # S20505.
Based in Las Vegas, SEMCO Manufacturing markets and sells custom surfacing
products to high profile commercial, public and private clientele. Their
products are noted for aesthetic appeal and durability for use in heavily
used walkways, extreme outdoor conditions and in chlorinated pools.
Plasticon completed the acquisition of SEMCO Manufacturing, Inc. in January
2006.
About Plasticon International, Inc.:
Plasticon International (www.plasticonintl.com) designs, produces, and
distributes high-quality concrete accessories, informational & directional
signage and plastic lumber, which are all produced from recycled and
recyclable plastics. Plasticon is a leader, an innovator of cutting edge
design, engineering, and production of industrial and commercial products.
Plasticon is a green company, environmentally friendly, using recycled
plastics to produce its line of products.
This press release contains "forward-looking statements." Forward-looking
statements are statements concerning plans, objectives, goals, strategies,
expectations, intentions, projections, developments, future events, or
performance, underlying (expressed or implied) assumptions and other
statements that are other than historical facts. These forward-looking
statements are only predictions. No assurances can be given that such
predictions will prove correct. Actual events or results may differ
materially. Forward-looking statements should be read in light of the
cautionary statements and risks that include, but are not limited to, the
risks associated with a small company, our comparatively limited financial
resources, and other factors that may adversely impact us. These or other
risks could cause actual results to differ materially from the future
results indicated or implied in such forward-looking statements. We
undertake no obligation to update or revise such statements to reflect
events, circumstances, or new information after the date of this press
release or to reflect the occurrence of unanticipated or other subsequent
events.
Copyright © 2008, MarketWire
Copyright © 2008, NewsBlaze,
Daily News
Tags: ,Manufacturing and Production:PackagingandContainers, Retail:ConsumerInterest, ,INTHPINK,INTHPINK,KY,LEXINGTON, KY
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