Curated News
By: NewsRamp Editorial Staff
September 24, 2024

Silex Holdings Inc. Acquires Assets of JSI Interiors

TLDR

  • Silex Holdings Inc. has acquired the assets of JSI Interiors, giving them a competitive edge in the specialty construction products market.
  • Silex Holdings Inc. acquired the state-of-the-art fabrication system, contracts, purchase orders, and book of business from JSI Interiors.
  • Silex Holdings Inc.'s acquisition of JSI Interiors assets will expand their capabilities to offer better products and services to residential and commercial clients.
  • Silex Holdings Inc. has recently formed JSI Products Corporation, a new division to oversee the acquired assets and operations from JSI Interiors.

Impact - Why it Matters

This news matters as it demonstrates the growth and expansion of Silex Holdings Inc. into the specialty construction products market. The acquisition of JSI Interiors' assets will enable Silex to enhance its fabrication capabilities and increase its revenue, which could impact the availability of specialty construction products for residential and commercial projects.

Summary

RJD Green Inc. (OTCPK: RJDG) announced Silex Holdings Inc. has acquired the assets of JSI Interiors, including the state-of-the-art fabrication system, contracts, purchase orders, and book of business. The combined revenues of the companies for calendar year 2023 was $7,813,426. Silex Holdings Inc. is a specialty construction products company offering manufacturing, sales & distribution, and installation of multiple products with a primary focus on cabinetry and stone countertops, walls, and flooring. Silex Holdings has recently formed JSI Products Corporation, an Oklahoma Corporation to receive the assets purchased from JSI Interiors and to be the operating entity of the acquired assets. Ron Brewer, RJD Green CEO stated: “We at Silex Holdings are very excited to move forward with this opportunity. We will immediately install the same business operation processes and programs that were developed and implemented in Silex Interiors that allowed us to grow from $1,400,00 in revenue at acquisition to the current $5,800,000 in annual revenue. With the state-of-the-art fabrication system acquired, JSI Products will offer excellent product and exceptional daily fabrication output capability.”

Source Statement

This curated news summary relied on this press release disributed by NewMediaWire. Read the source press release here, Silex Holdings Inc. Acquires Assets of JSI Interiors

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