$ADMQ News - ADM Endeavors Provides Corporate and
Post# of 37038
New Facility Under Construction Appraised at US$13 Million
New US$13M Facility on Track: ADM Endeavors' new 100,000 sq. ft. facility, appraised at US$13 million, is nearing completion, enhancing production capacity and consolidating operations for streamlined growth.
Market Expansion Opportunity: With a major competitor's (Dennis Uniforms) recent exit, ADM is strategically positioned to capture increased market share in the Dallas-Fort Worth school uniform sector.
Projected Revenue Growth: ADM aims to leverage its expanded facility to potentially double or triple its school uniform revenue by 2025, capitalizing on demand from displaced customers.
Strengthened Sales Force: New outside sales leader Ashley Hester brings two decades of industry experience, initiating outreach to schools and setting ADM up to fill a critical supply gap in the uniform market.
Fort Worth, Texas--(Newsfile Corp. - October 29, 2024) - Just Right Products Inc., the wholly owned subsidiary of ADM Endeavors (OTCQB: ADMQ) ("ADM" or the "Company" , announces major operational developments, including construction updates on their new manufacturing facility, expanded contract renewals, and the strengthening of its sales team. The Company also provides an industry update, highlighting significant growth opportunities within the school uniform market.
Strategic Path Forward
ADM is looking to capitalize on a unique opportunity in the Dallas Fort-Worth (DFW) school uniform market, as the recent exit of a key competitor creates a clear path to expand its market share. The timing aligns perfectly with ADM's new facility completion, allowing the Company to scale its operations and reinforce its established regional presence.
The Company has developed a robust pipeline of opportunities to fully utilize the new facility's increased capacity. This significant asset value, however, is not yet reflected in the Company's valuation, presenting substantial upside for shareholders.
With approximately US$1.4 million in school uniform revenue generated in 2023, ADM anticipates the potential to double or triple this figure by 2025. With demand now bolstered by displaced customers, the competitive landscape is favorably positioned for ADM to capture additional business.
New Facility to Support Accelerated Growth
ADM's ongoing construction of its new 100,000 sq. ft. production and retail facility is central to the Company's growth strategy. This facility is projected to increase revenue capacity by up to five times, enabling ADM to better meet the growing needs of both new and existing customers through both organic and strategic growth initiatives.
https://finance.yahoo.com/news/adm-endeavors-...00935.html