[b]PTAH >> ROIDAL ACQUISITION NEWZZZ PLAYAZZZ[/b]
PTA Holdings, Inc. Expects to Close Nortford, LLC Acquisition Transaction by Year End
2012-12-10 09:26 ET - News Release
PHOENIX, Dec. 10, 2012 /PRNewswire/ -- PTA Holdings, Inc. (Pink Sheets: PTAH) announced today that it has completed its initial due diligence review of materials related to the previously announced Nortford, LLC letter of intent. Nortford primarily serves the agriculture and food processing sectors with a primary focus in the egg industry. The Egg industry according to a 2010 national report is big business in Iowa, and the state's approximately 57 million layers generate over 14,025 billion eggs each year making Iowa the No. 1 egg-producing state in the nation. The company anticipates the execution of a Definitive Agreement, and transaction closing prior to year end. Earlier the company announced that they had completed an LOI for the purchase of Nortford, a $5,000,000 revenue, Iowa based Transportation Company.
Leonard J. Lewensohn, Chief Executive Officer stated earlier that "we are making real progress as the company pursues its acquisition roll-up strategy. The Nortford transaction brings an annualized revenue base of approximately $5,000,000 to our company." He further stated that, "PTA Holdings, Inc. will continue expanding the business through its roll-up strategy of transportation companies."
About Nortford, LLC. : While our tradition of service began with our produce marketing and truckload services we've evolved into a first rate 3PL and trucking operation with a comprehensive portfolio of sourcing, transportation and logistics services. Our people, processes, and technology improve our customer's transportation and supply chains, as we deliver exceptional value to them. Our primary business sector is the agriculture and food processing industry offering a stable and growing source of business.
About PTA Holdings, Inc.: PTA Holdings, Inc. is a holding company with a core focus in the automotive and for-hire transportation industry. The Company acquired ProFlow Inc. in April 2007. Kingsley Logistics Group, acquired in June of 2012, is a multi-faceted transportation group providing a broad array of traditional transportation and management services. The focus of the combined companies is to expand the company via a strategic transportation industry roll-up.
Notice on Forward-Looking Statements:
This news release includes forward-looking statements regarding PTA Holdings, Inc. and its business. Such statements are based on management's current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties. Forward-looking statements speak only as of the date on which they are made and PTA Holdings, Inc. undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise
For more information, visit http://www.ptaholdings.net
Telephone (877)-636-4520
Investor Relations Contact: ir@ptaholdings.net
SOURCE PTA Holdings, Inc.
PTAH ROIDAL ACQUISITION NEWZZZ PLAYAZZZ PTA Holdings,
Top 10 Most Recent News Articles
PwC US and India Unite for Global Consultancy Powerhouse
Rearranging the Consultancy Chessboard Piling onto the game of consultancy realignments, PwC just made a move reminiscent of playing strategy poker. They're tossing together PwC US and PwC India's advisory capabilities for a new joint venture. It’s like pushing two puzzle pieces to make a single colorful picture that stretches from the U.S. all the way to the...
Continue Reading
Protecting Teeth: Insights from Endodontist Dr. Joubert
Preserving Our Natural Chompers Digging into the details of endodontic care, you realize how it's the unsung hero in the dental world. And let's face it, teeth don't get happier on their own when there's a problem on the inside. Dr. Christopher Joubert, a wiz on the endodontic front, spills the beans over at HelloNation about how essential these practices are in keeping...
Continue Reading
Larry Ellison's Moves Signal Confidence in Oracle's Future
Unraveling Ellison's Bold Decision There's nothing like a sudden shift from a tech titan to make Wall Street sit up and take notice. Today, we got the word that Larry Ellison, Oracle's big gun as Executive Chair and CTO, has pulled the plug on his plan to sell Oracle stock. No dice, no distance covered under that plan. And he's made it crystal clear—selling isn't on his...
Continue Reading
Damp or Dry: The Battle for Healthy Air in Colorado
The Hidden Cost of Colorado's Dry Air Dry climate isn't just a seasonal inconvenience—it's a real hidden cost to living comfortably and healthily in Colorado. With winters colder than a brass monkey's tail and summers that don't offer much relief in terms of humidity, your home's air quality is on the front line. So, what's the financial tale here, and how do you come...
Continue Reading
Tam-Peli Steps Up in SCLC Battle: Trial Insights
Noteworthy Developments in Small-Cell Lung Cancer Treatment Let's dive into a story straight from the world of small-cell lung cancer (SCLC) that doesn't take any prisoners. The antidote making waves is tambotatug pelitecan, or Tam-Peli for short, showcasing its might in the unrelenting fight against relapsed SCLC. The phase III TAISHAN-302 trial puts Tam-Peli...
Continue Reading
Ajman Spotlights Tourism at Arabian Travel Market 2026
Ajman: A Tourism Gem in the Making Swinging into the Arabian Travel Market 2026, Ajman isn't just a footnote in the UAE's tourism playbook anymore, it's gunning for the spotlight. There's a flurry of activity as the Ajman Department of Tourism, Culture and Media rolls up its sleeves to flaunt the emirate's kaleidoscope of attractions to the world's tourism brass. Going...
Continue Reading
OneOdio Showcases Innovation at IFA 2026 in Berlin
Echoes from Berlin IFA 2026 in Berlin was a cacophony of innovation, as OneOdio wrapped up its showcase with a bang. Boasting interactive activities and live DJ sets, the event echoed OneOdio's drive to meld advanced audio technology with the pulsating needs of music pros and everyday listeners. You couldn’t miss the excitement in the air at Booth 217. Tech Unplugged:...
Continue Reading
Ris-Rez May Set New Standard in Relapsed SCLC
The Game-Changing Results Innovation in pharmaceuticals sometimes feels like a waiting game, but when a fresh breakthrough like this rolls in, it lights up the whole landscape. Risvutatug rezetecan, or Ris-Rez for short, has shown promising potential in the fight against relapsed small-cell lung cancer (SCLC) that has progressed after platinum-based therapy. Survival...
Continue Reading
Surfing Dogs Ride Waves, Support Orphan Pets
Waves, Paws, and Passion Who would've thought that dogs catching waves could also catch hearts and wallets? Well, that's exactly what's happening today at Del Mar Dog Beach with the 21st Annual Surf Dog Surf-A-Thon revving up the excitement. It's a sun-soaked day in Rancho Santa Fe, California, right in the thick of things at the longest-running dog surf competition. For...
Continue Reading
Trial Disappointment: No Significant Gains in NSCLC
Dissecting the Nuances of the EVOKE-03/KEYNOTE-D46 Trial Every once in a while, we come across a trial that rattles cages in the research community. Today, it's the EVOKE-03/KEYNOTE-D46 trial, a collision of hope and hard-knock reality. This Phase 3 trial, which sought to explore the potential combo of sacituzumab govitecan (SG) and pembrolizumab on metastatic non-small...
Continue ReadingTop 5 Most Recently Viewed Articles
Farmland Partners Reports Third Quarter Growth and Dividends
Strong Q3 Performance by Farmland Partners Farmland Partners (NYSE: FPI) has recently reported its impressive third-quarter earnings, highlighting a solid operational performance along with notable asset sales. CEO Luca Fabbri expressed confidence in the company's financial strategies, particularly in debt reduction and shareholder value return, including a special...
Continue Reading
Innovations in Nanotechnology Drug Delivery Transforming Healthcare
Future Insights into the Nanotechnology Drug Delivery Market The global Nanotechnology Drug Delivery market is set for an impressive transition, with recent reports highlighting its growth from USD 95.7 billion in 2023 to a staggering USD 213.2 billion by 2032. This ambitious forecast is attributed to a robust CAGR of 9.3% during the period from 2024 to 2032. The driving...
Continue Reading
Loomis Integrates Peregrine Connect for Enhanced Efficiency
Loomis Selects Low-Code Solution for Operational Excellence Loomis has made a significant decision to implement Peregrine Connect's no/low-code integration platform, a move aimed at enhancing operational efficiency and regulating costs across its extensive network. As one of the worldwide leaders in payment management systems, Loomis operates in numerous regions,...
Continue Reading
Sngular Names Chris Brown as U.S. Managing Director for Growth
Sngular Names Chris Brown as U.S. Managing Director Veteran advanced technology executive Chris Brown has officially joined Sngular as the Managing Director for the United States. His mission is to spearhead U.S.-based growth and client execution strategies through a flexible delivery model that merges onshore leadership with near-shore and global teams. Chris Brown's...
Continue Reading
Sherwin-Williams Faces Challenges After Lowering Earnings Outlook
Sherwin-Williams Adjusts Earnings Projections Following Q2 Results The Sherwin-Williams Company (NYSE: SHW) recently faced some challenges after reporting lower-than-expected second-quarter earnings. With adjusted earnings per share (EPS) of $3.38, the results fell short of Wall Street's predictions, which had estimated $3.81 per share. The company's quarterly revenue,...
Continue Reading