CybeRelease: (OTC BB: RHOI) China Plant Will Operate Ahead Of Schedule
(CybeRelease, September 28, 2006) - LAKE HARMONY, PA - Rhino Outdoor International, Inc. (OTC BB: RHOI), a business development company that consolidates and operates outdoor activity based companies is pleased to announce that Rhino Off-Road Industries, Inc., its wholly owned subsidiary and the manufacturer of the Rhino RTV ® anticipates the facility being built to produce the next generation of its RTV’s will be ready in just over a month, which is two months ahead of the planned date. The facility, which will be largely self contained is housed in a building operated by The TUOMA group, the largest domestic supplier of refrigerated truck bodies in China. While TUOMA will supply the labor Rhino Off-Road will provide the training and product development.
“I’m not surprised they’re ahead of schedule,” Stated Howard Pearl of Rhino Off-Road Industries Inc. “This is a very sophisticated manufacturing group with years of experience and success. They continue to surpass our expectation in the development of this facility. I’m looking forward to the expansion of what appears to be a dynamic relationship. The facility is critical to our ability to grow here in North America and overseas, or fill larger institutional and government business we may receive. Until now the company has had to be judicious in its approach to distribution, selling everything the plant in Henderson, Nevada could produce. While the company will keep the Henderson plant it is expected that by the second half of next year most RTV production frames will be bent and welded in the Handan, China plant under American supervision.”
“This will insure we deliver the first RTV’s on our Asian order in the first quarter of the coming year,” added Howard Pearl.
To read the complete release, go to: http://biz.yahoo.com/bw/060928/20060928005257.html?.v=1
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