Reko International Group Announces Major Precision Machining Contract

(firmenpresse) - WINDSOR, ONTARIO -- (Marketwired) -- 09/22/14 -- Reko International Group Inc. (TSX VENTURE: REK) is pleased to announce the signing of a contract with a single customer for their precision machining services. The contract is expected to generate $27.5 million of sales over a three year period, with 34% of the revenue to be earned in the first year, commencing in the third quarter of Reko's fiscal 2015 year. "This agreement will have a significant impact upon our sales and operations, and shows confidence in our ability to machine critical components in a competitive and consistent manner," stated Diane Reko, CEO. "We are pleased to be selected as a trusted and competent manufacturing partner."

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

About Reko International Group Inc.

Reko International Group Inc. is a publicly traded, certified woman owned manufacturing company located in Southwestern Ontario. Established in 1976, Reko International Group Inc. is a diverse value-added designer and manufacturer of customized machining and engineering solutions to OEMs and their Tier I suppliers in dynamic sectors as rail equipment, oil and gas distribution, mining, military, capital equipment, and automotive. For more information, visit .

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Contacts:
Reko International Group Inc.
Carl A. Merton
Chief Financial Officer
(519) 727-3287

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Bereitgestellt von Benutzer: Marketwired
Datum: 22.09.2014 - 15:30 Uhr
Sprache: Deutsch
News-ID 338018
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WINDSOR, ONTARIO

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Plastics and fibers

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