SI Handling Systems Wins Multi-Million Dollar Government Agency Contract
EASTON, Pa., Feb. 29 /PRNewswire/ -- SI Handling Systems, Inc. (Nasdaq: SIHS - news), (``SI' or the ``Company'), announced that it was awarded a multi-million dollar contract by a major government agency. The contract also provides for an option worth several million dollars, which, if funding becomes available, the agency could exercise later this year.
This systems integration contract specifies SI as the successful offeror and mechanization contractor to refurbish an existing SI proprietary conveyor system that the Company had installed in 1973 at the government facility. SI will be providing turnkey system services to engineer, manufacture, and install new Lo-Tow© system components and electrical controls for a complete system modernization, retrofit, and expansion. The Lo-Tow© systems were chosen for their proven reliability, flexibility, and throughput capabilities.
Bill Johnson, President and CEO, said, ``We are pleased to have been chosen as the preferred vendor for this contract to renew and modernize their facility. To get this project off to a strong start, the Company will participate in a project kickoff conference with our customer that is tentatively scheduled for March 13, 2000.'
With headquarters in Easton, PA, SI Handling Systems, Inc. markets, designs, manufactures, installs, and services fully automated, integrated material handling systems and Ermanco's conveyor systems that improve productivity in manufacturing and increase the speed of delivery of products in most market categories by companies worldwide. |