PTA Holdings, Inc. Anticipates 1,340 Percent Revenue Increase in 2013
PHOENIX, Dec. 18, 2012 /PRNewswire/ -- PTA Holdings, Inc. (Pink Sheets: PTAH) announced today that through its completed Nortford, LLC transaction, the company anticipates 2013 revenues to increase approximately 1,340% over the previous year. Nortford, LLC, with anticipated annual revenues of approximately $5,000,000, primarily serves the agriculture and food processing sectors with a focus in the egg industry.
Leonard J. Lewensohn, Chief Executive Officer stated earlier that "the company remains focused on the timely execution of our acquisition strategy." He further stated that, "PTA Holdings, Inc. continues to gain traction in the food service transportation industry as we head into 2013."
About Nortford, LLC. While our tradition of service began with our produce marketing and truckload services, we've evolved into a first rate 3PL and trucking operation with a comprehensive portfolio of sourcing, transportation, and logistics services. Our people, processes, and technology improve our customers' transportation and supply chains, as we deliver exceptional value to our customers and suppliers. Flexible, consistent, unbeatable service is our pledge as we sort out exactly what a customer's requirements are. We cut straight to what you need—flexibility, consistency, and on time deliveries and we are not content to simply meet our customer's expectations—we are committed to exceeding them every single day.
About PTA Holdings, Inc.: PTA Holdings, Inc. is a holding company with a core focus in the automotive and for-hire transportation industry. Kingsley Logistics Group, acquired in June of 2012, is a multi-faceted transportation group providing a broad array of traditional transportation fianland management services. The focus of the combined companies is to expand the company via a strategic transportation industry roll-up.
Notice on Forward-Looking Statements:
This news release includes forward-looking statements regarding PTA Holdings, Inc. and its business. Such statements are based on management's current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties. Forward-looking statements speak only as of the date on which they are made and PTA Holdings, Inc. undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise
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SOURCE PTA Holdings, Inc.