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Posted On: 11/04/2024 9:15:05 AM
Post# of 107057
$ADMQ Recent News : ADM Endeavors Provides Corporate and Industry Update
New Facility Under Construction Appraised at US$13 Million
New US$13M Facility on Track: ADM Endeavors' new 100,000 sq. ft. facility, appraised at US$13 million, is nearing completion, enhancing production capacity and consolidating operations for streamlined growth.
Market Expansion Opportunity: With a major competitor's (Dennis Uniforms) recent exit, ADM is strategically positioned to capture increased market share in the Dallas-Fort Worth school uniform sector.
Projected Revenue Growth: ADM aims to leverage its expanded facility to potentially double or triple its school uniform revenue by 2025, capitalizing on demand from displaced customers.
Strengthened Sales Force: New outside sales leader Ashley Hester brings two decades of industry experience, initiating outreach to schools and setting ADM up to fill a critical supply gap in the uniform market.
https://finance.yahoo.com/news/adm-endeavors-...00935.html
New Facility Under Construction Appraised at US$13 Million
New US$13M Facility on Track: ADM Endeavors' new 100,000 sq. ft. facility, appraised at US$13 million, is nearing completion, enhancing production capacity and consolidating operations for streamlined growth.
Market Expansion Opportunity: With a major competitor's (Dennis Uniforms) recent exit, ADM is strategically positioned to capture increased market share in the Dallas-Fort Worth school uniform sector.
Projected Revenue Growth: ADM aims to leverage its expanded facility to potentially double or triple its school uniform revenue by 2025, capitalizing on demand from displaced customers.
Strengthened Sales Force: New outside sales leader Ashley Hester brings two decades of industry experience, initiating outreach to schools and setting ADM up to fill a critical supply gap in the uniform market.
https://finance.yahoo.com/news/adm-endeavors-...00935.html
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