May 17, 2005 -- The expansion represents the fruition of the company's years of research and development efforts into industrial chemical solutions, including partnering work with a variety of leading organizations in the business and technical communities.
Activity in the Philadelphia region's manufacturing sector continues to improve, according to firms surveyed for this month's Business Outlook Survey released today by the Federal Reserve Bank in Philadelphia.
Mr. Donato Polignone, NuGeneration Technologies' President, said, "We are extremely excited to be adding a new location in Philadelphia. This will increase our capabilities and services to our expanding client base in the east coast region at lower freight expensse."
About NuGeneration Technologies
NuGeneration Technologies is a global specialty chemical company with demonstrated expertise in its fundamental competencies in developing and manufacturing superior quality chemical solutions. NuGeneration Technologies produces over 600 products and develops solutions for our customers based on our inherent strength in science and technology. Our business approach and philosophy is centered on Total Process Integration through specialty formulated chemistries.
Contact:
for NuGeneration Technologies
Donato Polignone, 888-99 (NUGEN)
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Note: This press release contains certain forward-looking statements within the meaning of the U.S. Federal securities law, including statements concerning anticipated future events and expectations that are not historical facts. The forward-looking statements in this press release are subject to substantial risks and uncertainties, which could cause actual results to differ materially from those expressed or implied by the statements herein. Accordingly, there can be no assurance that the actual results will conform to the forward-looking statements in this press release.
NuGeneration Technologies Unveils East Coast Manufacturing Expansion of Production and Distribution Capabilities
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