(We are trying to invite Terry Lee, HTLJ's CEO, to be a guest
for our live CEO interview series.. stay tuned for more
messages)
Mound Technologies Wins $1.5 Million Contract from Army
National Guard
MIDDLEBORO, Ky., Oct. 15 /PRNewswire-FirstCall/ -- Heartland,
Inc. (OTC Bulleting Board: HTLJ), a diversified company with
businesses in steel warehousing and fabrication and petroleum
retail and wholesale operations, today announced that Mound
Technologies, its steel fabrication subsidiary, has received a
letter of intent to furnish and install the fabricated steel for a
new Regional Training Institute for the Army National Guard. The
total value of the contract is approximately $1,500,000.
Engineering detail drawings are to begin immediately with
delivery projected for early spring 2010. This project extends the
backlog of work for Mound well into 2010.
"This contract win is yet another testament to our ability to
provide first-class product, support and value-added service to our
customers," said Tom Miller, chief executive officer of Mound
Technologies. "We continue to operate with a healthy backlog
despite the economic downturn and remain well positioned for
continued growth. We are excited for 2010 as overall economic
conditions continue to improve and our team remains focused on
becoming the leader in fabricated and value-added steel products
and services in the region."
About Heartland, Inc.
Heartland, Inc. is a diversified company with businesses in
steel warehousing and fabrication and petroleum retail and
wholesale operations. Mound Technologies is a full service
structural and miscellaneous steel fabricator located in
Springboro, Ohio. Lee Oil Company services and sells over 40
million gallons of petroleum product annually through a combination
of retail and wholesale operations. Heartland Steel, Inc. is a new
venture which operates a structural steel service center in
Washington Court House, Ohio.
Forward-Looking Statements
Statements contained in this news release, which are not
historical facts, are forward-looking statements, as that term is
defined in the Private Securities Litigation Reform Act of 1995.
Amounts herein could vary as a result of market and other factors.
Such forward-looking statements are subject to risks and
uncertainties which could cause actual results to differ materially
from those currently anticipated due to a number of factors, which
include, but are not limited to, factors discussed in documents
filed by the Company with the Securities and Exchange Commission
from time to time.