NetworkNewsBreaks – Kronos Advanced Technologies
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Kronos Advanced Technologies (OTC: KNOS) recently completed the acquisition of an 85,000-square-foot West Virginia manufacturing campus that will be retrofitted to produce advanced, proprietary air-purification devices and other wellness products. With this move, Kronos is committed to manufacturing completely on American soil. “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… This acquisition is a key foundational milestone in our transformation,” a recent article quotes Kronos COO and CTO Joseph Florence as saying. “Kronos is confident that this acquisition will enable us to focus on the efficient fulfillment of our current product line, the utilization of our recently acquired equipment to begin offering contract manufacturing services, and the ability to initiate the transition of our conceptual designs into production.”
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