Beacon Redevelopment Industrial Corporation Updates Status of the Westmoreland Glass Factory
29 Avril 2009 - 3:15PM
PR Newswire (US)
NORTH HUNTINGDON, Pa., April 29 /PRNewswire-FirstCall/ -- Beacon
Redevelopment Industrial Corporation (Pink Sheets: BCND) today
announced the status of its redevelopment and demolition project
Westmoreland Glass Factory in Grapeville, Pennsylvania. Beacon
Pennsylvania Holdings, Inc.'s and its bid winning contractor,
Renaissance Renovations and Development LLC, today announced that
it has formally contracted Environmental and Safety Training, Inc.
to provide it with a formal environmental survey with respect to
the Westmoreland Glass Factory. "This is the most important step in
moving forward with the remediation of the site, and we anticipate
the matter will progress quickly," said Adam Marek, President of
Beacon Redevelopment Industrial Corporation. Further developments,
the company has requested that the Hempfield Township Board of
Supervisors schedule a public meeting. This meeting will consist of
representatives of Beacon and RR&D, along with their
environmental and legal consultants, presenting a formal update as
to the progress regarding the demolition phase. Beacon will advise
shareholders as to when the meeting will occur. This press release
does not constitute an offer of any securities for sale. This press
release contains certain forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934. These forward-looking
statements involve certain risks and uncertainties that could cause
actual results to differ, including, without limitation, the
company's limited operating history and history of losses, the
inability to successfully obtain further funding, the inability to
raise capital on terms acceptable to the company, the inability to
compete effectively in the marketplace, the inability to complete
the proposed acquisition and such other risks that could cause the
actual results to differ materially from those contained in the
company's projections or forward-looking statements. All
forward-looking statements in this press release are based on
information available to the company as of the date hereof, and the
company undertakes no obligation to update forward-looking
statements to reflect events or circumstances occurring after the
date of this press release. CONTACT: Adam Marek, President for
Beacon Redevelopment Industrial Corporation, +1-724-871-7458
DATASOURCE: Beacon Redevelopment Industrial Corporation CONTACT:
Adam Marek, President of Beacon Redevelopment Industrial
Corporation, +1-724-871-7458, or Web Site:
http://www.beaconredevelopment.com/
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