Pro-Tech Fire Protection Systems Corp. and Conesco, Inc., wholly owned subsidiaries of Pro-Tech Industries, Inc. (PTCK.OB), recently announced that the company has secured approximately $6 million in new contracts for its fire protection, electrical and flooring business units.
The new projects are located in Sacramento, San Diego, Barstow and Berkeley, California, as well as in Reno and Las Vegas, Nevada. Included in the $6 million is the recently awarded contract in the amount of $3.5 million for the retrofit of the U.S. Marine Corps facilities in Barstow, CA. Management expects that revenues from these projects will commence in the fourth quarter 2009 and will be fully realized by the end of the second quarter of 2011.
Commenting on the contracts, Sean McGuire, president of Pro-Tech Fire Protection Systems Corp., stated, “We continue to build a strong backlog of work to carry into the final quarter of 2009 and into 2010. We are pleased that such larger contracts recognize the full scope and quality of our expertise and service.”
In addition, Don Gordon, chief executive officer of Pro-Tech Fire Protection, commented, “As we continue to execute our business plan we are being rewarded with opportunities that will sustain our growth in future fiscal periods.”