CHOWCHILLA, Calif., April 15, 2004 (PRIMEZONE) -- Global Diversified Industries, Inc. (OTCBB:GDVI) focused on the modular building industry with emphasis on the education market, is pleased to report its wholly owned subsidiary Global Modular, Inc. is currently implementing a program to hire new plant personnel to meet current and future production demands resulting from recently placed orders from California school districts.
The increase in factory personnel will consist of hiring approximately 125 trades people over the next 90 days. Global Modular, Inc. will utilize the assistance from the Madera County "Workforce Development Department" to try and fill the staffing requirements with local candidates. The Madera County work force development program will find and qualify approximately 35 candidates, which will represent 25% of Global Modular's manufacturing personnel. Included in the "Workforce" program is financial assistance from Madera County in the form of approximately $2,000 per new employee for job related training purposes.
Global Diversified Industries, Inc. Chairman & CEO Phil Hamilton commented, "We are happy to be in a situation where we need to quickly ramp up our manpower to accommodate current and future commitments to our customers. The joint venture with the local county labor workforce would help us find qualified personnel, while providing jobs to people who reside in our community, which is considered a depressed area according to the U.S. Department of Labor." He added, "We are underway with the hiring process since some of our production commitments include delivery as soon as fabrication is completed."
About Global Diversified Industries, Inc.
Global Diversified Industries, Inc. is a holding company controlling two wholly owned subsidiaries.
This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements involve risk and uncertainties that could cause actual results to differ materially from any future results described within the forward-looking statements. Risk factors that could contribute to such differences include those matters more fully disclosed in the Company's reports filed with the Securities and Exchange Commission. The forward-looking information provided herein represents the Company's estimates as of the date of the press release, and subsequent events and developments may cause the Company's estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date subsequent to the date of this press release.