AGR Tools, Inc. (AGRT.OB) Announces Expansion of Distribution Network into the Tennessee Market

 @ibtimes
on December 23 2009 4:27 AM

AGR Tools, Inc., a major supplier of diamond tools and adhesives, recently announced that the company has expanded its distribution network into Nashville and the Middle Tennessee markets, a multimillion dollar diamond tool market.

Representing an important step in achieving the expansion objectives the company has outlined for 2009, this new territory adds to AGR’s growing list of distribution centers throughout North America, which now totals 22 distribution outlets in 15 states and provinces in the United States and Canada. AGR is the only major manufacturer of diamond tools that markets and distributes its products directly to customers in the $8 billion North American diamond tool market.

In addition, with a population of approximately two million people, this expansion into the Tennessee market will also position the company to take advantage of the large amount of government infrastructure spending in the state.

Rock Rutherford, chief executive officer of AGR Tools, Inc., stated, “As our distribution network continues to grow, that goal is becoming more and more a reality.”

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