Sigma Industries Inc.
TSX VENTURE : SSG

Sigma Industries Inc.

December 08, 2017 08:00 ET

Sigma Industries Announces an Important Multi-Year Manufacturing Contract

SAINT-ÉPHREM-DE-BEAUCE, QUÉBEC--(Marketwired - Dec. 8, 2017) - Sigma Industries Inc. (TSX VENTURE:SSG), a manufacturing company specializing in the production of composite components, today announced that it has signed an important long-term contract to manufacture components for a new vehicle program in one of the Company's principal markets. The contract, which represents new business for Sigma Industries, is valid for the entire length of the program estimated between 7 to 10 years. Production should begin in the Company's 2020 fiscal year and, based on current program expectations, annual revenues from this agreement could reach up to approximately $9 million.

"This important contract will further enhance Sigma Industries' reach in one of its main sectors of activity. We are proud to have been selected to carry out this large-scale mandate, which is a testament to our ability to satisfy our customers with innovative and high-quality products," said Denis Bertrand, President and Chief Executive Officer of Sigma Industries.

ABOUT SIGMA INDUSTRIES

Sigma Industries Inc. (TSX VENTURE:SSG), a manufacturing company specializing in the production of composite components, has two operating subsidiaries and employs 275 people. The Company is active in the heavy-duty truck, coach, transit, machinery and wind energy markets. Sigma sells its products to original equipment manufacturers and distributors in the United States, Canada and Europe.

Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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