$GEIN Genesys Industries Receives New Orders from Tier II

New Post Public Reply Private Reply Replies (0) Message Board
Lee Adams
57
$GEIN Genesys Industries Receives New Orders from Tier II Automotive Customer

NEW YORK, NY - January 15th, 2020 - TheNewswire- Genesys Industries, Inc(OTC:GEIN)a diversified multi-industry advanced manufacturer of complex components and products announced today that the company has received multiple new purchase orders for the precision manufacturing of engineered components from a leading Tier II Automotive Customer which has operations in Ohio and Michigan. The Company expects to engineer, produce and ship these orders over the next month for the current quarter.

Within only the first 2 weeks of January 2020, The Company has booked into backlog a total of over $ 75,000.00 of new orders with an average gross profit margins of 86%. The majority of the specific automotive market we serve are OEMs, Tier 1 and Tier 2 suppliers.

Company Spokesperson, commented, "We are proud that one of the largest automotive manufacturer with global operations is now a new Genesys customer. We've been supporting the automotive industry for many years now, and we continue to deliver innovative and reliable solutions to all our customers in this sector."

About Genesys Industries Genesys Industries is a diversified multi-industry advanced manufacturer of complex components and products. The company is a vertically integrated precision cnc manufacturing and fabrication company with core emphasis on product design, engineering and precision manufacturing of complex components and products. Some of the industries served include Aerospace, Automotive, Building Materials, Food Processing, Industrial, Maritime, Medical, Railroad, Oil and Gas, Packaging, Telecom, Textiles, Pulp Paper, Transportation and many more. Follow us on twitter @genesysind For more information on Genesys Industries, please visitwww.genesysindustries.com

Contact Information.

Investor Relations Genesys Industries, Inc Phone: 941-722-3600ir@genesysindustries.com

Safe Harbor Statement This press release contains forward-looking statements. Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. Statements contained in this press release regarding the company intentions, hopes, beliefs, expectations, or predictions of the future are "forward-looking'' statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based upon the Company's current expectations, forecasts, and assumptions that are subject to risks, uncertainties, and other factors that could cause actual outcomes and results to differ materially from those indicated by these forward-looking statements. These risks, uncertainties, and other factors include, but are not limited to, the risks and uncertainties discussed under the heading "Risk Factors" in the Company's Financial Reports. This press release does not form any part of a prospectus or offering. The Company undertakes no obligation to update any of the information included in this release, except as otherwise required by law.

Copyright (c) 2020 TheNewswire - All rights reserved.
Scroll down for more posts ▼

Top 10 Most Recent News Articles

BrightPlan's AI-Powered Growth: Series C Fuel

Updated Category News Views 4

Series C Funding Ignites BrightPlan's Ambitions Ever seen a company that's ready to roll with the punches and come out stronger? That's BrightPlan for you. They're pushing the boundaries again, bagging new capital in this Series C round, steered by the seasoned folks over at ABS Capital Partners. Now, here's the thing: We're talking about a 230% revenue surge over just...

Continue Reading
ASCEND® Cladding Unveils New Profiles & Texture Variety

Updated Category News Views 1

New Options for Creative Home Exteriors Amid today's housing market rollercoaster, a sprinkle of bold innovation in building materials can make a statement—and that's precisely what Associated Materials Innovations (AMI) is banking on with their latest beef-up in the ASCEND® Composite Cladding lineup. Introduced out of Cuyahoga Falls on Sept. 8, 2026, this expansion...

Continue Reading
Nashville Benefit Concert Supports Animal Rescue Mission

Updated Category News Views 2

Country Tunes and Compassion Unite for Rescue Efforts There's something electric about a community banding together, especially when it's through the warmth of country music and the noble mission of animal rescue. Animal Rescue Corps (ARC), meeting ground for art and heart, is turning the Nashville Palace into a sanctuary not just for music, but for hope. They've got...

Continue Reading
Webinar Highlights Workforce Skills and AI Tools

Updated Category News Views 2

The Shift Towards Skills-Based Talent Development The labor market's in a whirl, folks. Employers are scrambling to adapt to rapid changes, chasing after 'skills intelligence' like it's going out of style. On September 24, University of Phoenix, with its band of partners including Jobs for the Future and Skillmore™, will dig into this very topic. This upcoming webinar...

Continue Reading
Austin PostalAnnex Changes Hands After 19 Years

Updated Category News Views 3

A Seamless Transition in Austin's PostalAnnex Legacy You know when a business digs its roots deep, becoming more than just a place but a part of the community fabric? That's what’s playing out at the PostalAnnex on W Parmer Lane, Austin. After nearly two decades, this battered yet steadfast hub of office and shipping services is swapping hands, all in the name of...

Continue Reading
Innventure Faces Major Lawsuit Amidst Market Turmoil

Updated Category News Views 0

The Plot Thickens with Innventure's DarkNX Project Buckle up, fellow market sling-riders; the Innventure tale is a rocky one for the books. Imagine this: You’ve plunked down your hard-earned cash on Innventure Inc. (NASDAQ: INV), lured by their glowing pronouncements about a supposed golden egg project, the Accelsius DarkNX data-center deal. A big talk about...

Continue Reading
Tiger Group to Auction Huge Window Manufacturing Plant

Updated Category News Views 3

Glass & Vinyl Ambitions: A New Chapter Who would have guessed? The seasoned window maker Showcase Window and Door Company is putting its prime manufacturing facility up for grabs. The online auction, orchestrated by Tiger Group, kicks off September 10, and it's sure to stir up some excitement in the industry. With picking up operations now within reach, it feels like...

Continue Reading
Hanover Unveils Skinny Veg® for GLP-1 Dieters

Updated Category News Views 1

Seems like Hanover Foods is turning heads with their move into the ever-demanding health-conscious market. This family's stepping into the limelight with their new Skinny Veg® line, clearly targeting folks riding the GLP-1 wave. You see, it's not every day that a company that's been around the block since 1924 shakes things up like this. Simplicity is the Name of the...

Continue Reading
Stoke Space Raises $1B; XTEND AI Hits NYSE

Updated Category News Views 2

A Billion-Dollar Boost for Stoke Space Ever catch wind of a company hauling in a cool billion and shrug it off? Me neither. Stoke Space Technologies just locked down $1 billion in Series E funding. This ain't some pocket change—the kind of dough you need when you're eyeing stars and plotting orbital voyages. They're gearing up for a 2027 mission with their Nova...

Continue Reading
VitalCore Pioneers Jail Behavioral Health Expansion

Updated Category News Views 2

The Big Move in Correctional Healthcare VitalCore Health Strategies has made an impressive move with the opening of a 60-bed Behavioral Health Unit at Shawnee County Jail in Topeka, Kansas. The unit, part of a $21 million expansion completed on August 24, is set to change the landscape for inmates needing mental health and substance use treatment. This isn't just a slap...

Continue Reading

Top 5 Most Recently Viewed Articles

DriveWealth Expands Horizons with New EU Brokerage License

Updated Category News Views 108

DriveWealth Secures European Brokerage License DriveWealth, a pioneering financial technology platform known for its Brokerage-as-a-Service solutions, has made significant strides in its global expansion by obtaining a brokerage license from the Bank of Lithuania. This development is a major milestone as it establishes DriveWealth's presence in the European Economic Area,...

Continue Reading
Wirex Expands Its Payment Solutions for Stablecoins in the U.S.

Updated Category News Views 279

Wirex Elevates Payment Options for Stablecoin Users in the U.S. Wirex, known for its next-generation Web3 financial services, has recently shared exciting news about expanding its stablecoin payment platform into the U.S. This landmark initiative is achieved through a strategic collaboration with Bridge.xyz, a front-runner in stablecoin orchestration. By introducing Wirex...

Continue Reading
February's Sweet Deals: Round Table Pizza Celebrates Love

Updated Category News Views 235

Special Offers from Round Table Pizza This February Iconic Chain Double Downs on Deals for National Pizza Day and Valentine’s Day Round Table Pizza is ready to spread joy this February with a series of exciting offers aimed at pizza lovers everywhere. This unique promotion starts on February 7, allowing customers to enjoy a Large Double Play Pizza for just $21.99 using...

Continue Reading
Pneumatic Conveying Systems Market Set to Thrive in Coming Years

Updated Category News Views 232

Pneumatic Conveying Systems Market Set to Thrive in Coming Years The field of pneumatic conveying is experiencing significant momentum, with companies rapidly evolving to meet growing demands. Recently, a comprehensive market study highlighted the potential of the pneumatic conveying systems market, which is forecasted to surge to USD 53.14 billion. This increase reflects...

Continue Reading
CALQUENCE® Receives Priority Review in the US for MCL Treatment

Updated Category News Views 64

CALQUENCE® Secures Priority Review for Patients with MCL AstraZeneca's supplemental New Drug Application (sNDA) for CALQUENCE (acalabrutinib) has garnered significant attention as it has been accepted and granted Priority Review by the FDA for treating adult patients with previously untreated mantle cell lymphoma (MCL). This move is promising for patients seeking more...

Continue Reading