Integrity Sales Sells Out of Hopper Bottom Grain Trailers, Backlog Purchase Orders Increase
NEW YORK, Aug. 31, 2011 /PRNewswire/ -- ProConcept Marketing Group, Inc. (Pink Sheets: PRMK), through its operating subsidiary Integrity Sales & Services, Inc., a manufacturer and international distributor of refurbished farm and heavy construction equipment, announce backlog purchase orders for their products have increased in the third quarter of 2011.
On the manufacturing side, the Company is currently working with a purchase backlog order running out 3 to 4 weeks for their hopper bottom grain trailers. Manufactured since 1982, our custom hopper bottom grain trailers are the end point shipment vehicles for farms to bring their product to their final points of sale.
Increased Manufacturing Capacity
The increase in manufacturing capacity at our facilities in the second quarter has already benefited the Company in its ability to incur new and higher rates of orders as we expected demand to be stronger for the second half of the fiscal year. This new increase in manufacturing capacity has allowed us to increase the number of farm trailers we can work on from 1 to now 2 per week, thus increasing our ability to meet higher demand orders from our customers in the US, and Canada.
Higher Crop Prices
High crop and livestock prices have helped U.S. farmers repair balance sheets and spurred record investments in new and used tractors, tillers and other farm equipment since the first half of 2011. This has resulted in increased demand for our custom hopper bottom grain haulers, and other farm equipment trailers, resulting in the backlog currently in the third quarter. The outlook for both crop prices, and the overall farm and agricultural economy in the US and Canada remain strong, which should result in stable to positive business environment for Integrity Sales going forward.
About Integrity Sales & Services, Inc.
Integrity Sales & Services, Inc. is a commercial market dealer of used trucks and trailer sales, service, and parts from makers like Ford, International, Freightliner, Volvo and others. The Company carries heavy duty inventory including used expedite, box, dump, grain and flatbed trucks, semi tractors, trailers, hot shots, light duty automobiles, and bucket trucks, with a large focus on the agriculture service market in the region. www.99trucks.com, and www.99trailers.com
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This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future development activities, and are thus prospective. Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control. Actual results may differ materially from those projected in the forward-looking statements. Among the factors that could cause actual results to differ materially from those indicated in the forward-looking statements are risks and uncertainties associated with the Company's business and finances in general, including the ability to continue and manage its growth, competition, global economic conditions and other factors discussed in detail in the Company's periodic filings with the Security and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements.
Investor Relations Counsel
Ludlow Capital, Inc.
SOURCE ProConcept Marketing Group, Inc.