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Alpine 4 Technologies to Establish Contract Manufacturing Facility in Arkansas
October 4, 2018 | Globe NewswireEstimated reading time: 1 minute
Alpine 4 Technologies' Alpine 4 Technology Ltd and its subsidiaries American Precision Fabricators Inc. (APF) and Quality Circuit Assembly (QCA) entered into a joint project to bring EMS assembly and contract manufacturing to Fort Smith, Arkansas.
The joint project will utilize roughly 18,000 square feet of the existing 68,000 square feet facility that American Precision Fabricators operates in, and will be initially dedicated for higher volume cable assembly work. Alpine 4 expects that this joint project will add $2.5 million in annualized sales between the two companies over the next 18 months and grow from there.
Kent Wilson, CEO, says, "Fort Smith, Arkansas with its skilled labor pool and lower entry wage base, provides an attractive opportunity for Alpine 4 and its subsidiaries to expand its U.S. based contract manufacturing services in a means that is more competitive with companies aboard. I also firmly believe that Alpine 4's strongest competitive advantage is in our highly diversified, yet synergistic business model of Drivers, Stabilizers, and Facilitators; and we believe that this project successfully exemplifies that model."
About Alpine 4 Technologies Ltd
Alpine 4 Technologies, Ltd (ALPP) is a publicly traded conglomerate that is acquiring businesses that fit into its disruptive DSF business model of Drivers, Stabilizers, and Facilitators. At Alpine 4 we understand the nature of how technology and innovation can accentuate a business. Our focus is on how the adaptation of new technologies even in brick and mortar businesses can drive innovation. We also believe that our holdings should benefit synergistically from each other and that the ability to have collaboration across varying industries can spawn new ideas and create fertile ground for competitive advantages. This unique perspective has culminated in the development of our Blockchain enabled Enterprise Business Operating System called SPECTRUMebos.
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