Energy & Technology Corp., PKA Technical Industries & Energy, Corp., Receives Approval for Foreign Trade Zone
November 22 2011 - 10:21AM
Marketwired
Energy & Technology, Corp. ("Energy & Technology" or the
"Company") (OTCBB: ENGT) is pleased to announce that on November
16, 2011 Technical Industries, Inc. agent KPMG received approval
from U.S. Customs and the Houston Port Authority to transfer and
grant Kinder Morgan's existing FTZ (Foreign Trade Zone) to
Technical Industries, Inc. property located at 15438A Miller One
Road Houston, Texas 77049.
The establishment of a Foreign Trade Zone is expected to
substantially increase revenues and the Company's ability to
compete in global markets.
We thank God for blessing our hard work.
To be added to the Energy & Technology, Corp. Investor email
list, please email chrisjohnson@engt.com.
About Energy & Technology, Corp.
As the holding company of Technical Industries, Inc., Energy
Pipe, LLC, and Energy Technology MFG & Threading LLC, Energy
& Technology, Corp. (OTCBB: ENGT) is a technology and essential
commodities provider including main source for rig, integrated
systems, down hole tools, OCTG, linepipe, drillpipe, drilling tools
and supply chain solutions. ENGT provides a comprehensive drilling
system for parts, down hole tools, engineering, non-destructive
testing, storage, maintenance and other products, and services. To
learn more about ENGT visit: www.engt.com.
SAFE HARBOR STATEMENT Matters discussed in this press release
contain forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. When used in this
press release, the words "anticipate," "believe," "estimate,"
"may," "intend," "expect" and similar expressions identify such
forward-looking statements. Actual results, performance or
achievements could differ materially from those contemplated,
expressed or implied by the forward-looking statements contained
herein. These forward-looking statements are based largely on the
expectations of the Company and are subject to a number of risks
and uncertainties. These include, but are not limited to, risks and
uncertainties associated with: the impact of economic, competitive
and other factors affecting the Company and its operations,
markets, product, and distributor performance, the impact on the
national and local economies resulting from terrorist actions, and
U.S. actions subsequently; and other factors available from the
Company. We assume no obligation to publicly update or revise these
forward-looking statements for any reason, or to update the reasons
actual results could differ materially from those anticipated in
these forward-looking statements, even if new information becomes
available in the future. Investors are urged to read the Annual
Report on Form 10-K for the year ended December 31, 2009 and other
documents filed by ENGT with the SEC.
For additional information, contact Chris Johnson 337-984-2000
chrisjohnson@engt.com
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