American Fire Retardant Corp. Announces Contracts and Fire Protection for Our Country
SAN DIEGO--(BUSINESS WIRE)--Oct. 29, 2001--American Fire Retardant Corp. (OTCBB:AFRC - news),(www.americanfireretardant.com), a fire protection company that specializes in fire prevention and fire containment for the safety of lives in our community. The management believes, that if we had serviced with our firestopping and fireproofing products, and they were avalible thirty years ago when this structure was built, many more lives would have been saved in this terrible tragedy at the World Trade Center. American Fire Retardant Corp believes that we can make the incredible changes in matters that make a difference, saving lives and property, by preparing ourselves for the times ahead. We are ready to make a difference in our society, fire retard buildings, homes, major structures, hotels and infrastructures (inner and outer) across the country, to be prepared for the unthinkable because we care.
American Fire Retardant Corp will harden buildings against any fire for the safety of our society and our country and announced today that the Company has started the mobilization to start fireproofing Barona Hotel and Casino in California and Neiman Marcus in Florida and also the successful completion of a $278,000 contract for fireproofing the Sheraton Hotel in Petaluma, CA. The total value of the contracts for those three jobs is $808,000.
The Barona Hotel and Casino, with a contract value of $425,000, should be a very profitable job due to the fact that it is less than seven miles from AFRC's headquarters, thus avoiding all travel costs normally involved with jobs of this size.
Mr. Owens also stated that the Company is presently working on several other small projects in at the same time in Florida, Colorado, and Texas.
``American Fire Retardant's goal and objective concurrent to building shareholder value is to achieve industry dominance with our products and technology in North America and abroad,'' stated American Fire Retardant Corp. President Stephen Owens.
According to the National Fire Protection Agency (NFPA) a fire occurs somewhere in the United States every 18 seconds, resulting in an injury every 23 minutes and a death every 130 minutes. |
