Reko International Group Inc.
TSX VENTURE : REK

Reko International Group Inc.

September 22, 2014 11:30 ET

Reko International Group Announces Major Precision Machining Contract

WINDSOR, ONTARIO--(Marketwired - Sept. 22, 2014) - Reko International Group Inc. (TSX VENTURE:REK) is pleased to announce the signing of a contract with a single customer for their precision machining services. The contract is expected to generate $27.5 million of sales over a three year period, with 34% of the revenue to be earned in the first year, commencing in the third quarter of Reko's fiscal 2015 year. "This agreement will have a significant impact upon our sales and operations, and shows confidence in our ability to machine critical components in a competitive and consistent manner," stated Diane Reko, CEO. "We are pleased to be selected as a trusted and competent manufacturing partner."

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About Reko International Group Inc.

Reko International Group Inc. is a publicly traded, certified woman owned manufacturing company located in Southwestern Ontario. Established in 1976, Reko International Group Inc. is a diverse value-added designer and manufacturer of customized machining and engineering solutions to OEMs and their Tier I suppliers in dynamic sectors as rail equipment, oil and gas distribution, mining, military, capital equipment, and automotive. For more information, visit www.rekointl.com.

SUBSIDIARIES/DIVISIONS:

Canada:

  • Concorde Precision Machining Inc.
  • Reko Manufacturing Group Inc.

United States:

  • Reko International Sales Inc.
  • Reko International Holdings Inc.
    • Reko Global Services, LLC

Contact Information

  • Reko International Group Inc.
    Carl A. Merton
    Chief Financial Officer
    (519) 727-3287
    www.rekointl.com