Wednesday April 23, 4:07 pm ET
SAN BRUNO, CA and SHANGHAI, CHINA--(MARKET WIRE)--Apr 23, 2008 -- Worldwide Energy and Manufacturing USA, Inc. (OTC BB: WEMU.OB), a U.S.-based China manufacturing company for customers in the industries of aerospace, wireless telecommunications, medical equipment, automobiles and solar energy, today announced that Worldwide has spent $300,000 to update its wholly owned die-cast factory, Shanghai Intech Precision Mechanical Products Manufacturing Co., Ltd., which just recently announced that it has become a qualified vendor of Shanghai General Motors and has received an order worth an estimated $2.2 million annually.
"The recent updating of our die cast factory is needed to attract new customers as well as improve and maintain our high quality standards," said Jimmy Wang, CEO of Worldwide Energy and Manufacturing USA, Inc. "It will also aid us in receiving more orders from Shanghai GM during 2008."
About Worldwide Energy and Manufacturing USA, Inc.
Worldwide Energy and Manufacturing USA, Inc. ("Worldwide"), headquartered in San Bruno, California, is a 14-year-old engineering-oriented firm specializing in international contract manufacturing for solar modules, electronics, mechanical and fiber optic products. Worldwide is also a direct manufacturer of automobile air-conditioning units, die-casting and electronics components. The company's worldwide customer base includes the industries of wireless telecommunications, aerospace, automobiles and medical equipment. Worldwide also manufactures components for the following industries: instrumentation, machinery, tools, home electrical solutions and electronic parts (such as electronic toys) and energy. Subsidiaries include Shanghai Intech Electro Mechanical Products Co. Ltd., Chengde Science & Technology Co. Ltd., Shanghai Intech Electronics Manufacturing Co. Ltd. and Shanghai Intech Precision Mechanical Products Manufacturing Co. Ltd., located in Shanghai and Changchun City, China.
For further information on Worldwide Energy and Manufacturing USA, Inc., please visit www.wwmusa.com. You may register to receive Worldwide Energy and Manufacturing USA, Inc.'s future press releases or request to be added to the Company's distribution list by contacting John Ballard.
Forward-looking statements:
The above news release contains forward-looking statements. These statements are based on assumptions that management believes are reasonable based on currently available information, and include statements regarding the intent, belief or current expectations of the Company and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performances, and are subject to a wide range of business risks, external factors and uncertainties. Actual results may differ materially from those indicated by such forward-looking statements. The Company assumes no obligation to update the information contained in this press release, whether as a result of new information, future events, or otherwise.
For Further Information, Contact:
RedChip Companies, Inc.
500 Winderley Place, Suite 100, Orlando, FL 32751,
(800) 733-2447,Fax: (407) 644-0758,
info@redchip.com
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment