VILLA PARK, CA (Uptick Newswire – December 13, 2017)) – Robert L. Cashman, President of Service Team Inc. (OTC PINK: SVTE) announced the completion of the installation of several major pieces of equipment that’s been acquired over the last five months. The company is taking advantage of the ”quiet time” between Thanksgiving and Christmas to modernize the production line and install additional equipment.
The major item is a shear capable of cutting steel 3/8 inch thick and 12 feet wide. The installation required a special concrete pad cut into the shop floor. Also installed was a Harding Metal Lathe, and a Computerized Bridgeport Mill. The equipment was purchased, used, and has been completely rebuilt before being installed. The equipment also included a new wire feed TIG welder and a wire feed attachment to one of our present welders.
The additional equipment will make our production line more efficient and reduce costs.
We also completed upgrades to our computer system and increasing it to five terminals.
Cashman stated, ”These improvements will increase our capacity, and reduce costs of operations. I look forward to continued growth and a return to profitability in the new year.”
Service Team Inc. through its Delta Stag Division manufactures refrigerated and dry freight truck bodies and vans primarily for the food industries. The company has a backlog of orders for more than a month of production.
About Service Team Inc.:
Service Team Inc. is a fully reporting public company with its stock listed on the OTC PINK under the symbol SVTE. The company, dba Delta Stag, is a manufacturer of commercial truck bodies and truck parts in the Southern California area. Service Team Inc. acquired 100% of Delta Stag in June of 2013, and since that time has maintained a sustained growth.
Safe Harbor Statement:
Safe Harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as its management ”believes,” ”expects,” ”anticipates,” ”foresees,” ”forecasts,” ”estimates” or other words or phrases of similar import. Similarly, statements herein that describe the company’s business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.
Service Team Inc. 18482 Park Villa Place Villa Park, California 92861 714-538-5214 Website: www.serviceteaminc.net Website: www.deltastag.net