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PHOENIX, Feb. 19, 2019 (GLOBE NEWSWIRE) -- Alpine 4 Technologies (ALPP) recently acquired subsidiary Morris Sheet Metal Corp. (MSM) and today announced that this week it has received purchase orders of over $3,800,000 in new contracts for 2019. This includes a major brand name internet shopping site distribution center as well as a large food processing plant. MSM will provide sheet metal for air handling and product movement throughout the building. The sales and profit forecast for 2019 looks robust.
About Morris Sheet Metal Corp:
MORRIS SHEET METAL CORP. designs, fabricates and installs custom fabricated sheet metal HVAC, blow pipe, spouting, dust collection and kitchen hood ventilation systems in addition to product conveyor solutions, food processing & manufacturing parts and much more.
Morris Sheet Metal, Corp., established in 1992, is an active member of SMACNA and the AFE Association for Facilities Engineers. Located in Fort Wayne, Indiana, the MSM plant is equipped with an extensive list of metal working equipment for a variety of metal thicknesses.
Terry W. Protto, VP of Alpine 4, had this to say: “We’re excited about the growth opportunities at MSM in its core business as well as its Spiral Duct and Kool Duct (exclusive distributor) products. The addition of MSM will have an immediate impact on earnings for the balance of 2019.”
Learn more about Alpine 4 and our DSF business model at http://www.alppinfo.com/
Contact: Ian Kantrowitz, Director of Investor Relations
About Alpine 4 Technologies:
Alpine 4 Technologies, Ltd (ALPP) is a publicly traded conglomerate that is acquiring businesses that fit into its disruptive DSF business model of Drivers, Stabilizers and Facilitators. At Alpine 4, we understand the nature of how technology and innovation can accentuate a business. Our focus is on how the adaptation of new technologies, including brick and mortar businesses, can drive innovation. We also believe that our holdings should benefit synergistically from each other and that the ability to have collaboration across varying industries can spawn new ideas and create fertile ground for competitive advantages. This unique perspective has culminated in the development of our Blockchain enabled Enterprise Business Operating System called SPECTRUMebos.
Source: Alpine 4 Technologies, Ltd
The information disclosed in this press release is made as of the date hereof and reflects Alpine 4 most current assessment of its historical financial performance. Actual financial results filed with the SEC may differ from those contained herein due to timing delays between the date of this release and confirmation of final audit results. These forward-looking statements are not guarantees of future performance and are subject to uncertainties and other factors that could cause actual results to differ materially from those expressed in the forward-looking statements including, without limitation, the risks, uncertainties, including the uncertainties surrounding the current market volatility, and other factors the Company identifies from time to time in its filings with the SEC. Although Alpine 4 believes that the assumptions on which these forward-looking statements are based are reasonable, any of those assumptions could prove to be inaccurate and, as a result, the forward-looking statements based on those assumptions also could be incorrect. You should not place undue reliance on these forward-looking statements. The forward-looking statements contained in this release are made as of the date hereof, and Alpine 4 disclaims any intention or obligation to update the forward-looking statements for subsequent events.