VANCOUVER, BC--(Marketwired - Dec 22, 2015) - Luxor Industrial Corporation (
Steve Conboy, President of Mill Frame, LLC commented: "Luxor's sales for the 9 month period ending September 30, 2015 were $2,645,607 compared to $2,221,118 for the same period in 2014. This clearly signals that our market is maturing and ready for new virtual and market growth. We are heavily investing in our sales and marketing team for 2016 with all eyes on revenue growth."
The company is targeting multi-family projects as far south as California and Arizona which is primed for Luxor to capture significant market-share due to the weak Canadian dollar -- giving American buyers the pass-through discounts. With the new sales and marketing logistical infrastructure being deployed it will allow deeper penetration into southern US with the companies pre fabricated products.
Luxor continues to invest in research and development on new products and will keep shareholders advised on existing activities and progress on new products.
About Luxor Industrial Corporation
Luxor Industrial Corporation (
Luxor operates three (3) primary sectors; Industrial, manufacturing wood mat products for various applications including transmission lines, pipelines, wind farms, staging areas, boardwalks and pathways and oil and gas and mining operations. Residential construction, manufactures and markets its patented IBS 2000® and patent pending IBS3000™ engineered floor bridging.
In the commercial sector it distributes and designs engineered wood products (laminated beams) for use in large wood structures. Luxor is vertically integrating through the pending acquisitions of turn-key framing companies, Mill Frame Inc. in Canada and Mill Frame LLC in the United States.
For further information contact Terry Lashman at (800) 665-2454 or (604) 684-7929 or John Taylor at (877) 496-4355 or (604) 864-9601 or visit Luxor's website at www.luxorcorp.com .
Forward Looking Statements This news release contains forward looking statements. Although Luxor believes that the expectations reflected in these forward looking statements are reasonable, undue reliance should not be placed on them because Luxor can give no assurance that they will prove to be correct. Since forward looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Additional information may be accessed through the Sedar website: www.sedar.com . Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
CONTACTS Corporate / Investor Relations Terry LASHMAN President Luxor Industrial Corporation Direct: 800.665.2454 Main: 604.684.7920 Email: management@luxorcorp.com Website: www.luxorcorp.com Media / PR Contact Matthew BIRD President 1-800-PublicRelations, Inc. Direct: 646.401.4499 Main: 800.782.6185 Email: matt.bird@1800pr.com Website: www.1800pr.com
