OTCBB: AGRT
AUSTIN, Nov. 1 /PRNewswire/ - AGR Tools, Inc. (OTCBB: AGRT) is pleased to
announce that it has expanded its distribution network to Puerto Rico.
Located in San Juan, the company's new distribution center will serve a
population of over four million people and focus on the growing
construction and demolition industries on the island.
"Having spoken both formally and informally with many of the major
construction companies on the island, I am very encouraged to learn
that the industry will be robust in 2011", commented Luis Trabanco,
owner of AGR's new Puerto Rico dealership. "I have tested the quality
of AGR's tooling and received overwhelmingly positive responses from
the fabricators/contractors here on the island", Mr. Trabanco
concluded.
"We are now strategically positioned to capture a majority of the
diamond tooling market in Puerto Rico, and we are excited to have the
opportunity to service the construction and demolition industries on
the island as well as in other regions of Latin America," commented
Rock Rutherford, the President and CEO of AGR. "Our products are
rapidly gaining market share because of the outstanding value we
provide to our customers by offering the best professional-grade
diamond tooling in the industry at the lowest cost."
About AGR Tools, Inc.
AGR Tools, Inc. is a public company with its common stock quoted on the
OTC Bulletin Board under the symbol AGRT, and the Berlin and Stuttgart
Stock Exchanges under the symbol LVSA. Its wholly owned subsidiary,
AGR Stone & Tools USA, Inc. ("AGR USA"), is a contract manufacturer and
distributor of tooling and accessories to the construction, building
maintenance and demolition industries in the United States and Canada.
AGR USA supplies more than 700 products through its stocking dealership
network and website, including diamond based tools and adhesives, and
it specializes in producing consumable tooling for the natural stone,
engineered stone, concrete and masonry industries. Its goal is to
provide its clients with superior quality products, excellent customer
service and the most competitive prices in the diamond tooling
industry. AGR USA has conducted extensive research and testing of its
products, and uses the latest technologies to assure it is at the
forefront of the diamond tooling industry.
More information on AGR and AGR USA can be found at: www.agrtools.com
Forward-Looking Statements:
Except for the historical information contained herein, the matters
discussed in this press release are forward-looking statements. Actual
results may differ materially from those described in forward-looking
statements and are subject to risks and uncertainties. See AGR Tools,
Inc.'s filings with the United States Securities and Exchange
Commission which may identify specific factors that may cause actual
results or events to differ materially from those described in the
forward-looking statements.
SOURCE AGR Tools Inc.