NetworkNewsBreaks – Kronos Advanced Technologies
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Posted On: 04/27/2022 4:42:35 PM
NetworkNewsBreaks – Kronos Advanced Technologies Inc. (KNOS) Closes Acquisition of Its First Manufacturing Facility in West Virginia
Kronos Advanced Technologies (OTC: KNOS), a revenue-generating product development and production company that has significantly changed the way indoor air is filtered and disinfected, today announced its financial closing on the acquisition of an 85,000 square-foot manufacturing campus located in Parkersburg, West Virginia. The facility, which for the past 25 years was used in the design and production of advanced electronics containing high-density circuit boards for aviation, military, industrial, and medical products, will be modified to produce advanced air purification devices and other wellness products based on Kronos’ Disease-Free living concept. “Nearly two years ago, we set into motion a strategic plan to transform Kronos from a marketing and fulfillment company, positioned within the fragmented market space of air purification, into a globally dominant consumer product design and manufacturing company,” said Kronos COO and CTO Joseph Florence. “Our vision is for Kronos to become a household-recognized, customer-centric design and manufacturing company providing products that improve the human condition by enhancing the air we breathe, the water we drink, the food we eat, and the environment we live in. This acquisition is a key foundational milestone in our transformation.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Kronos Advanced Technologies (OTC: KNOS), a revenue-generating product development and production company that has significantly changed the way indoor air is filtered and disinfected, today announced its financial closing on the acquisition of an 85,000 square-foot manufacturing campus located in Parkersburg, West Virginia. The facility, which for the past 25 years was used in the design and production of advanced electronics containing high-density circuit boards for aviation, military, industrial, and medical products, will be modified to produce advanced air purification devices and other wellness products based on Kronos’ Disease-Free living concept. “Nearly two years ago, we set into motion a strategic plan to transform Kronos from a marketing and fulfillment company, positioned within the fragmented market space of air purification, into a globally dominant consumer product design and manufacturing company,” said Kronos COO and CTO Joseph Florence. “Our vision is for Kronos to become a household-recognized, customer-centric design and manufacturing company providing products that improve the human condition by enhancing the air we breathe, the water we drink, the food we eat, and the environment we live in. This acquisition is a key foundational milestone in our transformation.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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