AUSTIN, June 16 /PRNewswire-FirstCall/ - AGR Tools, Inc. ("AGR") (OTCBB-AGRT) is pleased to announce its wholly owned subsidiary, AGR Stone & Tools USA, Inc. ("AGR USA"), has recently expanded its distribution network to Seattle, Washington. Based in King County, the new distribution center will serve the large construction and demolition industries in Seattle and surrounding areas.
"The opening of our Seattle distributorship continues to demonstrate AGR's ongoing commitment to expansion into the North American market," stated Rock Rutherford, President and CEO of both AGR and AGR USA. "Our new distribution center will be supplying the areas' general contractors, granite fabricators, concrete contractors, stonemasons, and other construction professionals with our 700+ high quality diamond tools, dies and adhesive products. Our goal is to become the supplier of choice to this large market, estimated to be over $25 million annually."
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.
About AGR Stone & Tools USA, Inc.
AGR Stone & Tools USA, Inc. is a contract manufacturer and distributor of tools and accessories to the construction, building maintenance and demolition industries in the United States and Canada. It supplies more than 700 products through its stocking dealership network and web-site. The products include diamond based tools and adhesives and it specializes in producing consumable tools 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 tool industry. The company has conducted extensive research and testing of its products, and uses the latest technologies to assure it is at the forefront of the diamond tool industry.
More information on AGR Stone & Tools USA, Inc. can be found at: www.agrtools.com.
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.