From Zoltek's 10-Q (Edgar archives, quarter ended June 30, 97):
...
Viscosa manufactures and markets acrylic and nylon products and
fibers to the textile industry and has begun to supply acrylic fiber
precursor to the Company's carbon fiber manufacturing operations.
...
Zoltek is utilizing the net proceeds, together with internally
generated funds, to finance its planned expansion of its carbon
fibers manufacturing capacity, from its year-end 1996 annual
capacity of approximately 3.5 million pounds to approximately 8.5
milion pounds by the end of fiscal 1997. The Company's strategic
plan calls for further increases in annual capacity to 19.5 million
pounds by the end of fiscal 1998 and to an aggregate of 40 million
pounds in the United States and Hungary over the next four to five
years.
...
Zoltek has begun operational startup of new continuous carbonization
lines at its Abilene, Texas facility and Viscosa facilities. It is
anticipated that such new lines will contribute significantly to
carbon fiber sales toward the end of fiscal 1997 and into fiscal 1998.
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Pay attention, end of fiscal 1997 is September 30, 97. Of course,
this information was proclaimed quite a while ago. I consider
this reiteration of the Company's strategic plans as
another confirmation that everything goes according to the
Company's schedule.
Any comments?
Good luck to all.
Andrey |
