PTA Holdings, Inc. Commences Operations at Iowa Truck Repair Facility
PHOENIX, March 6, 2013 /PRNewswire/ -- PTA Holdings, Inc. (OTC Pink: PTAH) through its subsidiary Nortford, LLC announced today that its equipment service facility operating under the name of "Hwy 18 Truck Repair" in Fredericksburg, IA has begun operations and added a full line of light duty and heavy truck tire sales and service. The facility consists of service bays, office, retail and parking space for semi-trailers. The location is now providing the Company repair and reconditioning services for its fleet operations at an in house reduced cost. The facility will also become a profit center deriving revenue by providing maintenance services to other fleet operators and product sales to other trucking companies.
Matt Spafford, President, was quoted saying, "This facility is located on the 2nd heaviest East-West truck corridor in Iowa and provides high visibility for outside repair work and tire sales. The shop is open 7 days a week to boost revenue and profitability thereby reducing the maintenance and tire cost for our owned road equipment."
About PTA Holdings, Inc.
Kingsley Logistics Group, acquired in June of 2012, is a multi-faceted transportation group providing a broad array of traditional transportation and 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.