Largo, Florida, Nov. 27, 2017 (GLOBE NEWSWIRE) -- Bulova Technologies Group, Inc. (OTC:BTGI, the “Company”) announced today the formation of a joint venture company, “Native American Pride Transportation & Products LLC”. Native American Pride Constructors LLC, a Service Disabled Veteran Owned Business, owns 51% of this joint venture while Big Red LTL Transport, Inc., a wholly-owned subsidiary of the Company, owns 49%. The joint venture will pursue Government contracts with an emphasis on transportation of goods.
Stephen L. Gurba, President and CEO of the Company, offered, “We are very pleased to participate in Government contracting with a proven SDVO contractor through this joint venture. We are confident that the Government will find our team’s capabilities and track record highly attractive.”
Kenny West, President of NAPC, LLC offered, “We are very excited to be joining forces with Big Red L.T.L. Transport, Inc. in our joint venture. The collective experience in governmental contracting between NAPC LLC and Bulova Technologies Group, Inc. as well as the logistics and transportation experience of Big Red L.T.L. Transport, Inc. makes for a perfect fit for Government Transportation contracts.
John Gwynn, VP of Operations for the new JV, stated, “The success, enthusiasm and professionalism displayed by NAPC, LLC coupled with the logistics experience of Big Red L.T.L. Transport, Inc. and the prior Government contracting experience of Bulova Technologies Group, Inc. creates a sound basis for including a logistics focus in the joint venture company.”
Please visit our website at www.bulovatechgroup.com for more information.
About Bulova Technologies Group, Inc.
Bulova Technologies Group, Inc.and BT-Twiss Transport LLC’s headquarters are located in Largo, Florida. Big Red LTL Transport and BT Big Red Logistics LLC are headquartered in Belvidere, New Jersey.
Statements about the Company’s future expectations and all other statements in this press release other than historical facts, are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. The above information contains information relating to the Company that is based on the beliefs of the Company and/or its management as well as assumptions made by and information currently available to the Company or its management.
Source: Uptick Newswire