STATESVILLE, North Carolina,
Sept. 19, 2016 /PRNewswire/ --
Kewaunee Scientific Corporation (NASDAQ: KEQU) today announced
that, through its dealer ATC, it has been awarded a
contract valued at approximately $18.5 million for the new College of Science
complex for Kuwait University's Sabah
Al-Salem University City. This is the second College at the new
Sabah Al-Salem University City for which Kewaunee will be supplying
Laboratory furniture, fume hoods, and related products. We are
nearing completion of our contract for providing similar products
for the College of Engineering and Petroleum complex.
Logo - http://photos.prnewswire.com/prnh/20160229/338700LOGO
"We are delighted and very proud to have been selected to
continue working with Kuwait
University, Turner Projacs JV, MCC, and the entire
construction team on this world-class complex for higher
education," said David M. Rausch,
Kewaunee Scientific's President and Chief Executive Officer. "Being
selected to continue to provide the highest quality products and
services to Kuwait University's Sabah
Al-Salem University City at the College of Science complex is
further indication of our commitment to the Middle East and a reflection of our industry
leading reputation and the ability of our experienced international
team in servicing the important Middle
East market."
About Kewaunee Scientific
Founded in 1906, Kewaunee
Scientific Corporation is a recognized global leader in the design,
manufacture, and installation of laboratory, healthcare, and
technical furniture products. Products include steel, wood, and
laminate casework, fume hoods, adaptable modular systems, moveable
workstations, stand-alone benches, biological safety cabinets, and
epoxy resin worksurfaces and sinks.
The Company's corporate headquarters are located in Statesville, North Carolina. Direct sales
offices are located in the United
States, India, Singapore, and China. Three manufacturing facilities are
located in Statesville serving the
domestic and international markets, and one manufacturing facility
is located in Bangalore, India
serving the local and Asian markets. The Company's China headquarters, sales office, and assembly
operation are located in Suzhou Industrial Park, China. Kewaunee Scientific's website is
located at http://www.kewaunee.com.
This press release contains statements that the Company
believes to be "forward-looking statements" within the meaning of
the Private Securities Litigation Reform Act of 1995. All
statements other than statements of historical fact included in
this press release, including statements regarding the Company's
future financial condition, results of operations, business
operations and business prospects, are forward-looking statements.
Words such as "anticipate," "estimate," "expect," "project,"
"intend," "plan," "predict," "believe" and similar words,
expressions and variations of these words and expressions are
intended to identify forward-looking statements. All
forward-looking statements are subject to important factors, risks,
uncertainties and assumptions, including industry and economic
conditions that could cause actual results to differ materially
from those described in the forward-looking statements. Additional
information concerning these factors is contained in the Company's
filings with the Securities and Exchange Commission. These
forward-looking statements speak only as of the date of this
document. The Company assumes no obligation, and expressly
disclaims any obligation, to update any forward-looking statements,
whether as a result of new information, future events or
otherwise.
Contact:
|
Thomas D. Hull
III
|
|
704-871-3290
|